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| (1)    | Corgi                  International Limited (aka Zindart Limited), a company incorporated                  under                  the laws of Hong Kong and whose registered office is at Unit 10,                  16/F.,                  Wah Wai Centre, 38-40 Au Pui Wan Street, Fo Tan, New Territories,                  Hong                  Kong (the "**Company**");                  and |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                 |
| (2)    | Kenneth                  B. Fowler of 18B The Manhattan, 33 Tai Tam Road, Tai Tam, Hong                  Kong                  ("**Employee**").                                                                                                                                                                                                                                                     |

| (A)    | The                  Company and Employee have entered into an Employment Agreement                  for Ken                  Fowler (the “Agreement”) on the 30th                  of                  August, 2002. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                              |
| (B)    | The                  Company and Employee mutually wish to amend the Agreement to modify                  the                  Terms of Employment as set out                  therein.                                           |

| 1. | Definitions |
|----|-------------|

| 2. | Term                  of Employment; Termination |
|----|--------------------------------------------------|

| A. | The                  following terms supersede such similar terms as noted under clause                  2,                  “Term of Employment; Termination” of the Agreement.                                    |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| B. | Employment                  may be terminated by the Company without cause twelve (12) months                  after                  the Company gives written notice to Employee of his                  termination.         |
| C. | Employee                  will have the right to work during the initial six (6) months of                  the                  notice period, while seeking other employment.                                                 |
| D. | Upon                  Employee’s or Company’s request during the notice period, Company will                  release Employee and provide to Employee pay in lieu of the remaining                  notice period. |

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| SIGNED                    by George Volanakis     | )      |                                       |
|---------------------------------------------------|--------|--------------------------------------------|
| For                    and on behalf of CORGI     | )      |                                       |
| INTERNATIONAL                    LIMITED          | )      | /s/                    George B. Volanakis |
| in                    the presence of:-           | )      |                                       |
|                                              |   |                                       |
|                                              |   |                                       |
| /s/                    Tina Chu              |        |                                       |
| Witness                    Chu Ching Man          |   |                                       |
|                                              |   |                                       |
|                                              |   |                                       |
| SIGNED                    by KENNETH B. FOWLER    | )      |                                       |
| in                    the presence of:-           | )      | /s/                    Kenneth B. Fowler   |
|                                              |   |                                       |
|                                              |   |                                       |
|                                              |   |                                       |
| /s/                    Christopher Franklin  |   |                                       |
| Witness                    Christopher Franklin   |   |                                       |

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