John Buckley
Brainerd Communicators
(212) 986-6667

EMERYVILLE, CA - (July 16, 2004) Pixar Animation Studios (Nasdaq: PIXR) today announced that management will report second quarter 2004 earnings results Thursday, August 5, 2004 following the market close. Pixar's Chairman and Chief Executive Officer, Steve Jobs, and Executive Vice President and Chief Financial Officer, Simon Bax, will conduct an earnings release teleconference to discuss information relevant to the second quarter results as well as other recent or upcoming developments affecting the company's operations. The teleconference will be held on Thursday, August 5, 2004 at 5:00 p.m. Eastern Time, 2:00 p.m. Pacific Time.

To participate in the teleconference, please call 888-428-4480 (U.S.) or 651-291-5254 (Int'l) approximately 10 minutes prior to the start time. A replay of the call will be provided through Monday, August 9, 2004 until midnight Eastern Time. To access the replay, please call 800-475-6701 (U.S.) or 320-365-3844 (Int'l) and reference the reservation code: 739503.

Pixar will also provide live audio streaming of its second quarter 2004 results conference call. The webcast will be accessible through Pixar's web site at

http://www.pixar.com/investor/index.html.

About Pixar Animation Studios

Pixar Animation Studios (Nasdaq: PIXR, http://www.pixar.com) combines creative and technical artistry to create original stories in the medium of computer animation. Pixar has created five of the most successful and beloved animated films of our time: Academy Award(R)-winning Toy Story (1995); A Bug's Life (1998); Golden Globe-winner Toy Story 2 (1999); and the Academy Award(R)-winning Monsters, Inc. (2001). Pixar's five films have earned $2.6 billion at the worldwide box office to date. The Northern California studio's next two film releases are The Incredibles (November 5, 2004) and Cars (holiday 2005).