JAKKS PACIFIC INC — Director's Dealing 2006

May 23, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JAKKS PACIFIC INC (JAKK)
CIK: 0001009829
Period of Report: 2006-05-22

Reporting Person: FRIEDMAN JACK (Director, Chairman & Chief Exec Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-22	Common Stock	S	13299	$20.118	Disposed	728726	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options	$16.25	2007-07-11	Common Stock (175000)	175000	Direct

Footnotes

F1: The sales reported hereby were made under a Rule 10b5-1 Selling Plan (the "Plan"), pursuant to which the Filer will be
selling up to 163,299 shares of the Registrant's common stock, which sales, according to the Plan, are now completed.

F2: This option is immediately exercisable, except as follows: 52,500 shares become exercisable on 7/12/06.