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Press Release

Celebrate Express, Inc. Completes Merger

KIRKLAND, Wash., Aug 29, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Celebrate Express, Inc. (Nasdaq: BDAY) today announced that it has completed the merger with a subsidiary of Liberty Media Corporation.

At the special meeting of Celebrate Express shareholders held on August 28, 2008, votes were received for approximately 79% of the eligible shares, and the proposal to adopt the merger agreement and merger received a favorable vote from approximately 79% of the outstanding shares.

On August 29, 2008, articles of merger were filed with the office of the Secretary of State for Washington, and Celebrate Express became an indirect wholly-owned subsidiary of Liberty Media Corporation.

Celebrate Express also reported that it has filed for delisting of its stock with NASDAQ and has filed with the SEC for deregistration under the Securities Exchange Act of 1934.

Celebrate Express shareholders of record on August 29, 2008 will receive instructions from American Stock Transfer & Trust Company (AST), the paying agent for the merger, that will explain how to surrender stock certificates in exchange for the merger consideration of $3.90 per common share. Shareholders with questions regarding this process may contact the AST Shareholder Services department at 1-877-248-6417 starting on September 4, 2008.

About Celebrate Express, Inc.

Celebrate Express is a leading online and catalog retailer of celebration products serving families with young children. The company currently has two primary brands: Birthday Express markets children's party products, and Costume Express markets costumes and accessories. The company utilizes its branded website Celebrateexpress.com, complemented by its branded catalogs, to offer products as complete coordinated solutions. The company's goal is to help families celebrate the special moments in their lives. For more information, please visit http://www.celebrateexpress.com.

CONTACT: Celebrate Express | BuySeasons, Inc. (262) 901.2000 | pr@buyseasons.com

SOURCE: http://www.celebrateexpress.com