Press Release


EDC Announces Record March Revenues

April 1, 2004

Educational Development Corporation (NASDAQ: EDUC) announces that its March revenues were $3,077,600, an increase of 39% over March last year and the highest March revenues in the Company's history.

The Home Business Division recorded a 50% increase in net revenues for the month of March 2004 when compared with March last year. Recruiting of new sales associates was up 109% for the month of March 2004 versus March last year.

The Publishing Division's revenues increased 9% for the month of March 2004 when compared with March last year. This increase was achieved while industry wide book sales continue to slump.

Educational Development Corporation sells the Usborne line of children's books through its multi-level sales organization, through 6,000 retail stores and over the Internet. The Company offers over 1,300 different titles for children of all ages.

Contact:

    Educational Development Corporation
    Randall White, (918)622-4522