REDE Redenvelope (MM)

/C O R R E C T I O N -- RedEnvelope, Inc./ In the news release, RedEnvelope (NASDAQ:REDE) Reports Second Quarter Results; Net Revenues Increase 27%, issued earlier today by RedEnvelope, Inc. over PR Newswire, the first table, third line item ("Gross Profit"), under the third column with the table heading "Twenty-Six Weeks Ended Sept. 26, 2004," should read "16,363" rather than "6,363" as incorrectly transmitted by PR Newswire. PRNewswire -- Oct. 26 DATASOURCE: RedEnvelope, Inc. Web site: http://www.redenvelope.com/

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