MILB Millbrook Press (MM)

The Millbrook Press Announces It Will Deregister Its Shares BROOKFIELD, Conn., Oct. 29 /PRNewswire-FirstCall/ -- The Millbrook Press, Inc. (the "Company") , a publisher of children's books for the library and consumer markets, today announced that it intends to file a Form 15 with the Securities and Exchange Commission to deregister its common stock pursuant to Section 12(g) of the Securities Exchange Act of 1934. Section 12(g) and Rule 12g-4 of the Securities Exchange Act of 1934 provide for such deregistration where a registered class of securities is held of record by fewer than 300 persons. Upon filing of a Form 15, the Company's obligation to file periodic reports (e.g. 10QSB, 10KSB, 8K) immediately will cease and the final termination of registration pursuant to Rule 12g-4 will take effect 90 days, or such shorter period as the SEC may determine, after the company files the Form 15. The Millbrook Press, Inc. expects to file a Form 15 with the SEC today, October 29, 2003. "We are one of the last small publicly traded companies in our industry," stated David Allen, President and Chief Executive Officer. "This, along with the cost of SEC reporting and other public company responsibilities place us at a disadvantage. Our limited investor interest no longer provides any of the advantages of being a public company. The Board of Directors has decided that deregistration is in the best interest of the Company and its shareholders. Our business model and the quality of our books will not change, nor will the way we do business." DATASOURCE: The Millbrook Press, Inc. CONTACT: David Allen of The Millbrook Press, Inc., +1-203-740-2220

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