Disney Online Signs Agreement to Acquire Assets from Kaboose Inc.

Acquisition Will Include Kaboose.com, Babyzone.com, AmazingMoms.com, Funschool.com and Zeeks.com

Disney Online, part of the Disney Interactive Media Group (DIMG), announced today it has signed an agreement to acquire Internet assets from Canadian-based Kaboose Inc. including Kaboose.com, Babyzone.com, AmazingMoms.com, Funschool.com and Zeeks.com. The Kaboose assets will be integrated into Disney Online's extensive line-up of Web sites, extending its leadership in the kids and family online space. The purchase price is approximately $18.4 million (based on approximate price of CAD 23.3 million), subject to certain adjustments.