FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * COSTIN ROANN   2. Issuer Name and Ticker or Trading Symbol TOYS R US INC [TOY] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) TOYS R US, INC., ONE GEOFFREY WAY 3. Date of Earliest Transaction (Month/Day/Year) 07/21/2005 (Street) WAYNE, NJ 07470-2030 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 07/21/2005   D   1,500 D $ 26.75 19,236 D   Common Stock 07/21/2005   D   19,236 D $ 26.75 0 D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Stock Option (Right to Buy)

$ 18.16

07/21/2005

D

30,000

06/10/2005

06/10/2012

Common Stock

30,000

$ 26.75 (1)

0

D

Stock Option (Right to Buy)

$ 20.34

07/21/2005

D

5,000

11/02/1999

11/02/2008

Common Stock

5,000

$ 26.75 (1)

0

D

Stock Option (Right to Buy)

$ 21.41

07/21/2005

D

30,000

06/10/2002

06/10/2009

Common Stock

30,000

$ 26.75 (1)

0

D

Stock Option (Right to Buy)

$ 29.31

07/21/2005

E

10,000

06/05/1997

06/05/2006

Common Stock

10,000

$ 0

0

D

Stock Option (Right to Buy)

$ 33.75

07/21/2005

E

2,500

11/01/1997

11/01/2006

Common Stock

2,500

$ 0

0

D

Stock Option (Right to Buy)

$ 34.72

07/21/2005

E

5,000

11/03/1998

11/03/2007

Common Stock

5,000

$ 0

0

D

Restricted Stock Units

$ 0

07/21/2005

D

4,752

(2)

(2)

Common Stock

4,752

$ 26.75

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
COSTIN ROANN TOYS R US, INC. ONE GEOFFREY WAY WAYNE, NJ 07470-2030	X

Signatures

Jon W. Kimmins, Attorney-in-fact		07/25/2005
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The reporting person received $26.75 less the exercise price.
(2)	These units represent accumulated defered fees for board service, and vest one year from the date of grant.

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