Article: American Achievement Corporation Commences Tender Offer and Consent Solicitation For Outstanding 11 5/8% Senior Unsecured Notes Due 2007.

AUSTIN, Texas, Feb. 24 /PRNewswire/ -- American Achievement Corporation (the "Company"), one of the leading manufacturers and suppliers of class rings, yearbooks, graduation products, achievement publications and recognition and affinity jewelry in the United States, announced today that it has commenced a cash tender offer and consent solicitation for any and all of its $177,000,000 aggregate principal amount of 11 5/8% Senior Unsecured Notes due 2007 (the "Notes") outstanding. In conjunction with the tender offer, consents are being solicited to effect certain amendments to the indenture governing the Notes.

The offer to purchase will expire at Midnight, New ...

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