EMERYVILLE, CA - (February 28, 2006) Pixar Animation Studios (Nasdaq: PIXR) today announced that following the market close on March 7, 2006, it will issue a press release with details about its financial results for the fourth quarter and year ended December 31, 2005. The company intends to file its annual report on Form 10-K on that date or shortly thereafter. No quarterly teleconference has been planned for the event.

About Pixar Animation Studios

Pixar Animation Studios combines creative and technical artistry to create original stories in the medium of computer animation. Pixar has created six of the most successful and beloved animated films of all time: Toy Story, A Bug's Life, Toy Story 2, Monsters, Inc., Finding Nemo and The Incredibles. Pixar has won 18 Academy Awards® and its six films have grossed more than $3.2 billion at the worldwide box office to date. The Northern California studio will release its next film, Cars, on June 9, 2006.

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Nils Erdmann
Investor Relations
Pixar Animation Studios
(510) 752-3374

John Buckley
Brainerd Communicators
(212) 986-6667