Exhibit 3

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, each of the undersigned Reporting Persons hereby agrees to the joint filing, along with all other such Reporting Persons, on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the common stock, stated value $0.10 per share, of Russ Berrie and Company, Inc., and that this Agreement be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

IN WITNESS WHEREOF, each of the undersigned hereby executes this Agreement as of this 18th day of August, 2006.

D.E. SHAW LAMINAR PORTFOLIOS, L.L.C.
BY:	D.E. SHAW & CO., L.L.C., as managing member
By:	/s/ Julius Gaudio
	Name:  Julius Gaudio
	Title:       Managing Director

BY:	D.E. SHAW & CO., L.P.,
By:	/s/ Julius Gaudio
	Name:  Julius Gaudio
	Title:       Managing Director

BY:	D.E. SHAW & CO., L.L.C.,
By:	/s/ Julius Gaudio
	Name:  Julius Gaudio
	Title:       Managing Director

BY:	DAVID E. SHAW
By:	/s/ Julius Gaudio
	Name: Julius Gaudio
	Title: Attorney-in-Fact for David E. Shaw