EXHIBIT 99.1

[ENESCO LETTERHEAD]

             $50 MILLION UNSECURED CREDIT AGREEMENT SIGNED BY ENESCO

ITASCA, ILL., JUNE 17, 2003 -Enesco Group, Inc. (NYSE: ENC), a leader in the
giftware, collectible and home decor industry, announced today that the Company
signed a three-year $50 million unsecured revolving credit agreement with Fleet
National Bank as agent and LaSalle Bank N.A. The new agreement replaces a
previous $50 million secured revolving credit facility.

         "Enesco's improved performance and stronger balance sheet, including
gross profit percentage increases and overhead cost reductions, led to the
release of the security interests in the expiring agreement," said Dan
DalleMolle, Enesco's president and CEO.

         The new facility will be used to meet Enesco's seasonal working capital
requirements and capital expenditures including possible acquisitions and
business expansion opportunities.

ABOUT ENESCO GROUP, INC.

A global leader in the gift, collectible and home decor industries for 45 years,
Enesco Group, Inc. offers such notable product lines as Cherished Teddies, Mary
Engelbreit, Lilliput Lane, Border Fine Arts, and NICI, among others. The
Company's award-winning Precious Moments figurine collection is one of the top
collectible lines throughout the world. Further information is available on the
Company's web site at www.enesco.com.

This press release contains various forward-looking statements that are based on
management's current assumptions and beliefs and upon information currently
available to management. The Company has tried to identify such forward-looking
statements by use of such words as "expects," "intends," "anticipates," "could,"
"estimates," "plans," and "believes," and similar expressions, but these words
are not the exclusive means of identifying such statements. Such statements are
subject to various risks, uncertainties and other factors which could cause
actual results to vary materially from those anticipated, estimated, expected or
projected. Important factors that may cause actual future events or results to
differ materially and adversely from those described in the forward-looking
statements include, but are not limited: the Company's success in developing new
products and consumer reaction to the Company's new products; the Company's
ability to secure, maintain and renew popular licenses, particularly our
licenses for Precious Moments, Cherished Teddies, and Disney; the Company's
ability to grow revenues in mass and niche market channels; the Company's
ability to identify and close on strategic acquisitions; increase margins and
reduce overhead expenses, changes in general economic conditions, as well as
specific market conditions; fluctuations in demand for our products;
manufacturing lead times; the timing of orders and shipments and our ability to
predict customer demands; inventory levels and purchase commitments exceeding
requirements based upon incorrect forecasts; collection of accounts receivable;
changes in the regulations and procedures effecting the importation of goods
into the United States; changes in foreign exchange rates; price and product
competition in the giftware industry; variations in sales channels, product
costs or mix of products sold; and, possible future terrorist attacks,
epidemics, or acts of war.

In addition, the Company operates in a continually changing business environment
and does not intend to update or revise the forward-looking statements contained
herein, which speak only as of the date hereof. Additional information regarding
forward-looking statement risk factors is contained in the Company's reports and
filings with the Securities and Exchange Commission. In light of these risks and
uncertainties, the forward-looking statements contained herein may not occur and
actual results could differ materially from those set forth herein. Accordingly,
you should not rely on these forward-looking statements as a prediction of
actual future results.

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