X0202 4 2007-12-26 0 0000739878 RUSS BERRIE & CO INC RUS 0001263972 D. E. SHAW LAMINAR PORTFOLIOS, L.L.C. 39TH FLOOR, TOWER 45 120 WEST FORTY-FIFTH STREET NEW YORK NY 10036 1 0 1 1 See footnotes 1 and 2. 0001009268 D. E. SHAW & CO, L.P. 39TH FLOOR, TOWER 45 120 WEST FORTY-FIFTH STREET NEW YORK NY 10036 1 0 1 1 See footnotes 1 and 2. 0001277502 D. E. SHAW & CO, L.L.C. 39TH FLOOR, TOWER 45 120 WEST FORTY-FIFTH STREET NEW YORK NY 10036 1 0 1 1 See footnotes 1 and 2. 0001023870 SHAW DAVID E 39TH FLOOR, TOWER 45 120 WEST FORTY-FIFTH STREET NEW YORK NY 10036 1 0 1 1 See footnotes 1 and 2. Call Option (right to buy) 17.72 2007-12-26 4 A 0 30000 A 2017-12-26 Common Stock 30000 30000 D D. E. Shaw & Co., L.P. ("DESCO LP"), as investment adviser to D. E. Shaw Laminar Portfolios, L.L.C. ("Laminar"); D. E. Shaw & Co., L.L.C. ("DESCO LLC"), as managing member of Laminar; and Mr. David E. Shaw ("David E. Shaw") (as president and sole shareholder of D. E. Shaw & Co., Inc., which is the general partner of DESCO LP, and as president and sole shareholder of D. E. Shaw & Co. II, Inc., which is the managing member of DESCO LLC) may be deemed to be the beneficial owners of more than 10% of the Common Stock of the Issuer for purposes of Rule 16a-1(a) of the Securities Exchange Act of 1934. (Continued from Footnote 1) In accordance with instruction 4(b)(iv), the entire number of shares of Common Stock of the Issuer that may be deemed to be beneficially owned by Laminar, DESCO LP, or DESCO LLC was previously reported on Form 3. Each of DESCO LP, DESCO LLC, and David E. Shaw disclaims any beneficial ownership of any of the securities reported on Form 3 or on this Form 4, except to the extent of any pecuniary interest therein. The reporting persons also may be deemed, for Section 16 purposes, directors of the Issuer by virtue of DESCO LP employees Lauren Krueger's and Daniel Posner's service as members of the Issuer's board of directors. None of Laminar, DESCO LP, DESCO LLC, or David E. Shaw serves as a director of the Issuer. The Call Options listed in Table II ("Options") vest ratably over a five-year period commencing December 26, 2008. The Options were issued in connection with DESCO LP employees Lauren Krueger's and Daniel Posner's service as members of the Issuer's board of directors. No consideration was paid for the Options. D. E. Shaw Laminar Portfolios, L.L.C. By: D. E. Shaw & Co. L.L.C., as managing member By: /s/ Rochelle Elias, Chief Compliance Officer 2007-12-28 D. E. Shaw & Co., L.P. By: /s/ Rochelle Elias, Chief Compliance Officer 2007-12-28 D. E. Shaw & Co., L.L.C. By: /s/ Rochelle Elias, Chief Compliance Officer 2007-12-28 David E. Shaw By: /s/ Rochelle Elias, Attorney-in-Fact for David E. Shaw 2007-12-28