American Greetings To Present At Goldman Sachs Consumer Products Conference;
Audio Web Cast Available

CLEVELAND, May 6 /PRNewswire/ -- American Greetings Corporation (NYSE: AM) will make a presentation to financial analysts at the Goldman Sachs Global Consumer Products Conference from 8 a.m. to 8:40 a.m. on Friday, May 10, 2002 at the Plaza Hotel in New York. Goldman Sachs will broadcast an audio version of the presentation live on the Internet.
The presentation will be accessible at:

https://www.gs.com/ir/conf .
Username: conference/conf2
Password: goldman2
(Please use all lower case letters as the username and password are case- sensitive).

The Investor Relations section of the American Greetings corporate Web site at http://corporate.americangreetings.com/ will provide a link to the Web cast.

Minimum requirements to listen to the Web cast are RealPlayer software (available free at http://www.real.com/), audio capabilities, and at least a 16Kbps connection to the Internet.

A replay will also be available on the Goldman Sachs Web site with the same login information within 24 hours after the presentation and until July 10, 2002.

About American Greetings

American Greetings Corporation (NYSE: AM) is the world's largest publicly held creator, manufacturer and distributor of greeting cards and social expression products. Its staff of artists, designers and writers comprises one of the largest creative departments in the world and helps consumers "say it best" by supplying more than 15,000 greeting card designs to retail outlets in nearly every English-speaking country. Located in Cleveland, Ohio, American Greetings generates annual net sales of more than $2 billion. For more
information on the Corporation, visit http://corporate.americangreetings.com/ on the World Wide Web.