GON Galleon Hldgs

RNS Number:6489U
Galleon Holdings PLC
11 April 2007

Embargoed: 0700hrs, 11 April 2007



                              Galleon Holdings plc

                          ("Galleon" or the "Company")

                                  Re. Contract



Galleon Holdings plc is delighted to announce on behalf of its Product IP
Division that, further to the successful roll out in 2006 of its wholly owned
toy IP "Blasterz," Pepsico has committed to a further order for the product in
two additional territories.

An initial commission has been received covering the materials and associated
manufacturing costs for 35 million units of "Blasterz", a collectible active
play toy. The balance of the order, expected to total Euro700,000, is likely to be
paid within three weeks.

Such is the success of the product in market that the Company is confident of
multiple recurring orders and in particular a further roll out of the product to
the substantial markets of Asia and Latin America.

Galleon's Product IP Division alone has recorded sales over the last 12 months
in excess of #3.2 million.


For further information please contact,


Stephen Green, Chief Executive
Galleon Holdings Plc
Tel. 020 8742 3636

Ben Simons/ Adam Reynolds
Hansard Communications
Tel. 020 7245 1100


Notes to editors:

Galleon Holdings plc is an AIM-listed intellectual property owner and developer
in the children's entertainment sector.



                      This information is provided by RNS
            The company news service from the London Stock Exchange
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