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--COMPANY PRESS RELEASE--


ERTL COLLECTIBLES® TO PRODUCE REPLICAS
OF WORLD-FAMOUS BOBCAT® EQUIPMENT


BOLINGBROOK, IL-(October 23, 2003)-Familiar on building sites, world-famous for the way they take the really tough jobs in stride, Bobcat® compact tool carriers will be available soon as detailed replicas produced by Ertl Collectibles®, a brand of RC2 (NASDAQ:RCRC).

"Until now, Bobcat die cast collectibles have been available only through Bobcat dealers," said Bill Walters, Managing Director for Ertl Collectibles. "We're delighted to bring them to a much wider retail audience."

"Bobcat is the market leader in compact equipment for the construction market," he continued, "and the die-cast replicas are beautifully detailed, fully articulated scale versions of the machines you see every day. They're the real thing in miniature."

Among the new products slated for release in Spring 2004 are a Bobcat Skid Steer Loader, Telescopic Handler, Mini-Excavator, and Track Loader in 1:25 scale, and a Mini-Excavator and Skid Steer in 1:50 scale. Additional new product, in multiple scales, is planned for release in the Fall of 2004.

North Dakota-based Bobcat Company is a business unit of Ingersoll-Rand, a major diversified industrial company. For the name of the nearest Bobcat dealer, visit www.bobcatdealer.com. Additional Bobcat product information can be seen at www.bobcat.com. Ingersoll-Rand is a leading innovation and solutions provider for the major global markets of Security and Safety, Climate Control, Industrial Solutions and Infrastructure. The company's diverse product portfolio encompasses such leading industrial and commercial brands as Schlage locks and security solutions; Thermo King transport temperature control equipment; Hussmann commercial and retail refrigeration equipment; Bobcat compact equipment; Club Car golf cars and utility vehicles; PowerWorks microturbines; Ingersoll-Rand industrial and construction equipment, Dresser-Rand turbomachinery; and Kryptonite portable security products. In addition, IR offers products and services under many more premium brands for customers in industrial and commercial markets. Further information on IR can be found on the company's web site at www.irco.com.

RC2 (www.rc2corp.com) is a leading producer and marketer of high quality, innovative collectibles and toys targeted at adult collectors and children, as measured by sales and brand recognition. The Company's diverse product offerings include: agricultural, construction and outdoor sports vehicle replicas; automotive, high performance and racing vehicle replicas; traditional children's toys; sports trading cards and racing apparel and souvenirs; and collectible figures. These products are sold under the Company's market-focused brand names, including Racing Champions®, Ertl®, Ertl Collectibles®, Learning Curve, American Muscle™, AMT®, W. Britain®, Press Pass®, Eden™, Feltkids® and JoyRide Studios™. The Company supports its brands and enhances the authenticity of its products by linking them with highly recognized licensed properties from John Deere, Harley-Davidson, HIT Entertainment, Lamaze, Case, Polaris, Honda, Caterpillar, Ford, GM, DaimlerChrysler, NASCAR, NHRA, Texaco, Universal Studios, Warner Brothers, DIC Entertainment, Nintendo, Sega, Electronic Arts and Microsoft. The Company's products are marketed through multiple channels of distribution, including chain retailers, specialty and hobby wholesalers and retailers, OEM dealers, corporate accounts for promotional purposes and direct to consumers. The Company sells through more than 20,000 retail outlets located in North America, Europe and Asia Pacific.


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