Tully & Holland, Incorporated acted as financial advisor in the sale of Celebration Fantastic

May 15, 2002 - Wellesley Hills, MA - based Tully & Holland, Incorporated acted as financial advisor to Celebration Fantastic of San Francisco, CA in the sale of this leading gift catalog company to Stumps, World's Largest Party Superstore, a division of Stump Printing Company, Inc., South Whitley, IN. Celebration Fantastic, a gift catalog and internet retailer founded in 1990, specializes in upscale gift, apparel and party goods.

"The acquisition of Celebration Fantastic is a perfect strategic fit for Stumps" said Shep Moyle, president of Stumps. "The combination of the two companies will bring great opportunities for cross-promotion across both customer bases. We believe that our customers will benefit from having a full range of holiday and party gifts, decorations and favors available to them from one source." With its focus on working with privately owned consumer product companies, Tully & Holland is experienced at arranging strategically-based acquisitions that provide added value for its clients.

Tully & Holland, Inc., an investment bank established in 1992, provides corporate finance advisory services to consumer product companies with special emphasis on food companies, direct mail marketers and catalogers, consumer product manufacturers/distributors and retailer. Member NASD