Collectible Concepts Group, Inc. Adds More NBA Products

Market Wire, March, 2007

Collectible Concepts Group, Inc. (OTCBB: CCNG) announced today that it has expanded its license with NBA Properties to include collectible-quality, laser engraved, wooden basketballs, each complete with a display stand. Orders have started coming in and production has begun. The basketballs are to be made at the GridWorks plant in Elgin, Iowa.

CCNG also has a joint venture agreement with GridWorks to produce and market wooden collectibles under other professional sports licenses. The addition of this product adds greatly to CCNG's ability to market a broader line of items to online, catalog, and retail stores.

About Collectible Concepts Group

Collectible Concepts Group, Inc. develops and markets unique licensed sports and entertainment collectible merchandise for specialty, mass retail and online distribution. Nationally recognized in direct response marketing, replica design, mass-market distribution and e-commerce marketing, Collectible Concepts and its products are renowned both for quality and authenticity. Licenses include over 25 colleges and universities, including: The National Basketball Association (NBA), The National Hockey League (NHL), Arena Football, and others. For more information, visit: www.collectibleconcepts.com or www.otcfn.com/ccng .

SAFE HARBOR STATEMENT

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.

Contact: Rick McCaffrey Investor Relations for Collectible Concepts Group OTC Financial Network 781-444-6100 x625 Email Contact