FOR IMMEDIATE RELEASE
April 3, 2006

CSS INDUSTRIES, INC. REDUCES EARNINGS ESTIMATE FOR FISCAL YEAR 2006 AND ANNOUNCES RETIREMENT OF DAVID ERSKINE AS PRESIDENT AND CHIEF EXECUTIVE OFFICER

CSS Industries, Inc. (NYSE:CSS) announced today that it expects its earnings per diluted share to be approximately $2.00, or approximately 18% below the prior year, for the fiscal year ending March 31, 2006. This result would represent a further decline from the previously announced expectation that the Company’s earnings per share would decline between 5% and 10% compared to the prior year.

“This further reduction is largely the result of continued problems related to our gift wrap and tissue product lines,” said David Erskine, President and Chief Executive Officer. “We have implemented actions designed to improve the operations of such product lines in the coming fiscal year, and the cost of such actions, including costs to close a warehouse, recruiting and relocation costs for key managers and severance costs related to a recently implemented reduction in personnel, are included in the above estimate.”

The Company also announced today that Mr. Erskine has indicated that he will retire from employment with the Company, and will resign from the Company’s Board of Directors, effective June 30, 2006. Effective with Mr. Erskine’s retirement, Christopher J. Munyan, age 40 and serving since October 2005 as the Company’s Executive Vice President and Chief Operating Officer, will be promoted to President and Chief Executive Officer.

“We appreciate David’s dedicated service to CSS during the last seven years, and we wish him well in his retirement,” said Jack Farber, Chairman of the Company’s Board of Directors. “Chris has successfully served CSS for the past thirteen years in various positions of increasing responsibility, including six years as President of our Berwick Offray subsidiary prior to his promotion to Executive Vice President and Chief Operating Officer. Chris’ promotion is consistent with our executive succession planning.”

CSS is a consumer products company primarily engaged in the manufacture and sale to mass market retailers of seasonal, social expression products, including gift wrap, gift bags, boxed greeting cards, gift tags, tissue paper, paper and vinyl decorations, classroom exchange Valentines, decorative ribbons and bows, Halloween masks, costumes, make-up and novelties, educational products and Easter egg dyes and novelties.

This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others, statements relating to expected future earnings and financial performance. Forward-looking statements are based on the beliefs of the Company’s management as well as assumptions made by and information currently available to the Company’s management as to future events and financial performance with respect to the Company’s operations. Forward-looking statements speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect the events or circumstances arising after the date as of which they were made. Actual events or results may differ materially from those discussed in forward-looking statements as a result of various factors, including without limitation, general market conditions, increased competition, increased operating and product costs, including labor-related and energy costs, currency risks and other risks associated with international markets, the risk that customers may become insolvent, costs of compliance with governmental regulations and government investigations, liability associated with non-compliance with governmental regulations, including regulations pertaining to the environment, Federal and state employment laws, and import and export controls and customs laws, and other factors described in the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2005 and elsewhere in the Company’s SEC filings. As a result of these factors, readers are cautioned not to place undue reliance on any forward-looking statements included herein or that may be made elsewhere from time to time by, or on behalf of, the Company.

FOR FURTHER INFORMATION CONTACT:
Vincent A. Paccapaniccia
Chief Financial Officer
tele: (215) 569-9900