EXHIBIT 99

FOR IMMEDIATE RELEASE  CONTACT
November 29, 2002      Karen A. Warren (Investor Relations)
                       401-727-5401
                       Wayne S. Charness (News Media)
                       401-727-5983

              HASBRO REPORTS OFT DECISION

Hasbro, Inc. [NYSE:HAS] today reported that the Office of
Fair Trading in the United Kingdom (the "OFT") issued a
decision in its case concerning pricing practices by the
Company's United Kingdom subsidiary ("Hasbro U.K.") with
certain of its wholesale distributors. The OFT found that
Hasbro U.K. had entered into agreements with certain
distributors to fix prices in violation of U.K. competition
laws and assessed a fine of approximately GBP4.95 million
(approximately $7.7 million at current exchange rates).

"We are surprised and disappointed at the level of the fine
imposed by the OFT, which we believe to be
disproportionate, said Alan G. Hassenfeld, Chairman and CEO
of Hasbro, Inc.  The activities cited by the OFT occurred
over a very short period of time and through a limited
number of wholesale distributors. Hasbro believes that such
activities had no significant effect on competitiveness
within its small network of distributors or on consumers.
We are therefore planning to appeal."

As previously disclosed, the OFT is conducting a second
inquiry into Hasbro U.K.'s trading arrangements with
certain of its direct retail accounts. The OFT has yet to
issue a final decision in the retailer case, although it
had issued a preliminary decision in May of 2002 proposing
to find that Hasbro U.K. had entered into unlawful pricing
agreements with two of its retail accounts. The Company
expects the OFT to announce a final decision in the
retailer case within the next several months.

In the case of appeal by the Company, no payment of any
fine in either the wholesaler or retailer case will be
required until such appeals are finalized.

The Company is in the process of analyzing the OFT's
decision and whether that decision affects the previously
disclosed range of loss for the two cases of approximately
GBP160,000 to GBP26,000,000. In light of the OFT decision
in the wholesaler case, the Company now believes that once
it completes its analysis of the OFT's decision, it will
accrue a charge to earnings above and beyond the GBP160,000
charge originally taken in 2001.  The Company is working
with counsel to complete its analysis of the OFT's decision
and the status of the cases, and anticipates taking this
charge in the fourth quarter of 2002.  Currently, the
Company does not expect the amount of the charge to exceed
approximately GBP13.5 million or approximately $20.9
million at current exchange rates.

Certain statements contained in this release contain
"forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995.  These
statements may be identified by the use of forward-looking
words or phrases such as "anticipate", "believe", "could",
"expect", "intend", "look forward",  "may", "planned",
"potential", "should", "will" and "would".  Such forward-
looking statements are inherently subject to known and
unknown risks and uncertainties.  The Company's actual
actions or results may differ materially from those
expected or anticipated in the forward-looking statements.
Specific factors that might cause such a difference
include, but are not limited to: the Company's ability to
manufacture, source and ship new and continuing products on
a timely basis and the acceptance of those products by
customers and consumers at prices that will be sufficient
to profitably recover development, manufacturing,
marketing, royalty and other costs of products; economic
conditions, including the retail market, higher fuel
prices, currency fluctuations and government regulation and
other actions in the various markets in which the Company
operates throughout the world; the inventory policies of
retailers, including the concentration of the Company's
revenues in the second half and fourth quarter of the year,
together with increased reliance by retailers on quick
response inventory management techniques, which increases
the risk of underproduction of  popular items,
overproduction of less popular items and failure to achieve
tight and compressed shipping schedules; work stoppages,
slowdowns or strikes, which may impact the Company's
ability to manufacture or deliver product; the bankruptcy
or other lack of success of one of the Company's
significant retailers which could negatively impact the
Company's revenues or bad debt exposure; the impact of
competition on revenues, margins and other aspects of the
Company's business, including the ability to secure,
maintain and renew popular licenses and the ability to
attract and retain talented employees in a competitive
environment; market conditions, third party actions or
approvals and the impact of competition that could delay or
increase the cost of implementation of the Company's
consolidation programs or alter the Company's actions and
reduce actual results; the risk that anticipated benefits
of acquisitions may not occur or be delayed or reduced in
their realization; and other risks and uncertainties as may
be detailed from time to time in the Company's public
announcements and SEC filings. The Company undertakes no
obligation to make any revisions to the forward-looking
statements contained in this release or to update them to
reflect events or circumstances occurring after the date of
this release.