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IP Parks of Korea To Serve As Film, Television And Licensing
Agent For Fineline Holdings throughout Asia

KENT, OHIO, June 5, 2005 – Fineline Holdings, Inc., (FNLH.PK), is pleased to announce that it has entered into a contract with the IP Parks of Korea to market Fineline's cartoon character groups for licensed merchandising in the territories of Japan, Korea, Hong Kong and China.

Fineline Holdings has developed and owns a large library of cartoon characters – presently 219 characters in 22 character groups -- which can be viewed on their website www.finelineproperties.com. The Moodies Group is presently represented in a merchandising arrangement, the details of which may be viewed at www.finelineproperties.com.

IP Parks chose to undertake the representation based on their view that Fineline's character groups had strong potential in the Asian markets due to their visual appeal and original storylines and concepts.

Robert Petry, president of Fineline Holdings, stated that “With IP Park's experience and contacts in the Asian markets and Fineline's appealing and original character groups, we have a winning combination with this new representation agreement.”

About Fineline Properties, Inc.
Fineline Properties (NASD: FNLH.PK) creates original cartoon characters for licensing and film & television animation. Their team of artists develops original cartoon characters with an eye on current market trends as well as recognized names. From concepts and sketches all the way to the manufacturer style guides. Fineline's entire library of more than 200 new cartoon characters in over 20 character groups for 'teens, kids and adults, covering the Internet, sports, satires, just plain fun, and much more can be viewed at HYPERLINK "http://www.finelineproperties.com" http://www.finelineproperties.com.

The information contained in this press release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors beyond the Company's control, including general economic conditions, consumer spending levels, competition from toy companies, motion picture studios and other licensing companies, the uncertainty of public response to the Company's properties and other factors could cause actual results to differ materially from the Company's expectations.
All images, characters, names, logos, and designs are © & ™ 1998-2004 Fineline Properties.com, Inc.
Fineline Properties.com Inc. is a cartoon character development company dedicated to creating fun, quality, original cartoon characters for licensing and licensed merchandise as well as television and film animation. More than 200 new cartoon characters for teens, 'tweens, kids and adults, covering the Internet, sports, outrageous satires, just plain fun, and much more.