Abstract: A floatable toy has a hollow body formed as the body of a frog or other figure. In the base of the body a series of apertures are formed through which water can enter the body. Corresponding apertures are formed in the head of the body for the escape of air. Floatation members in the form of eyeballs are trapped within the body. On immersing the body in water the water rises within the body and the floatation members rise and are retained in eye sockets in the head where they are visible while the body floats in a partially submerged condition.