Party City Corporation to Broadcast Third Quarter Results over the Int

    Business Editors

    ROCKAWAY, N.J.--(BUSINESS WIRE)--April 29, 2005--Party City Corporation (Nasdaq: PCTY), America's largest party goods chain, invites investors to listen to a broadcast of the Company's conference call discussing third quarter results. The conference call will be broadcast live over the Internet on Monday, May 9, 2005 at 11:00 a.m. Eastern Time and can be accessed by visiting http://www.partycity.com.
    An online archive of the broadcast will be available within one hour of the completion of the call and will be accessible on http://www.partycity.com until May 23, 2005.
    Party City Corporation is America's largest party goods chain and currently operates 247 Company-owned stores and has 259 franchise stores in the United States and Puerto Rico. To learn more about the Company, visit the Company's web site at http://www.partycity.com.

    Except for historical information contained herein, the statements in this release are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from forecasted results. Those risks and uncertainties include, among other things, the effect of price and product competition in the party goods industry in general and in our specific market areas, our ability to anticipate customer demand for products and to design and develop products that will appeal to our customers, our ability to open new stores successfully and/or to identify, execute and integrate acquisitions and to realize synergies, the availability and terms of capital to fund capital improvements, acquisitions and ongoing operations, our ability to manage successfully our franchise program, our ability to improve our fundamental business processes and reduce costs throughout our organization, our ability to attract and retain qualified personnel, changes in costs of goods and services and economic conditions in general. Please see our filings with the Securities and Exchange Commission for a more complete discussion and analysis of these and other risks and uncertainties. You are cautioned not to place undue reliance on such forward-looking statements, which are made as of the date of this release, and we have no obligation or intention to update or revise such forward-looking statements.

--30--RC/ny*

CONTACT: Party City Corporation Gregg Melnick Chief Financial Officer 973-453-8780 or Comm-Counsellors, LLC Edward Nebb 203-972-8350

KEYWORD: NEW JERSEY INDUSTRY KEYWORD: CONSUMER/HOUSEHOLD RETAIL EARNINGS CONFERENCE CALLS SOURCE: Party City Corporation

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