American Greetings to Broadcast First Quarter Conference Call,
Annual Shareholder Meeting Live on the Internet

CLEVELAND, June 18 /PRNewswire-FirstCall/ -- American Greetings Corporation (NYSE: AM) will release its first quarter earnings at 8:30 a.m. Eastern time on Thursday, June 27, 2002 and broadcast its subsequent conference call live on the Internet at 10:30 a.m. Eastern time on the same day.

The live conference call will be accessible through the Investor Relations section of the American Greetings corporate Web site at
http://corporate.americangreetings.com/ . Minimum requirements to listen to the Web cast are Windows Media Player software (available free at http://www.microsoft.com/ ), audio capabilities, and a connection to the Internet. A replay of the call will also be available on the site.

Shareholder Meeting

American Greetings will hold its 2002 annual shareholders' meeting at 2:30 p.m., Friday, June 28, 2002 at the Corporation's World Headquarters in Cleveland. A live audio broadcast and accompanying slides will be accessible through the Investor Relations section of the American Greetings corporate Web site at http://corporate.americangreetings.com/ . Minimum requirements to listen to the Web cast are Windows Media Player software (available free at http://www.microsoft.com/ ), audio capabilities, and a connection to the Internet. A replay will also be available on the site.

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 approximately $2 billion. For more
information on the Corporation, visit http://corporate.americangreetings.com/ on the World Wide Web.