Planet Hollywood names Nathaniel Lipman EVP, Strategic Planning

Business Wire, Oct 1, 1996

ORLANDO, Fla.--(BUSINESS WIRE)--October 1, 1996--Planet Hollywood International, Inc. (NASDAQ: PHII) today announced it has appointed Nathaniel J. Lipman to the newly created position of Executive Vice President, Strategic Planning, effective immediately. In his new capacity, Mr. Lipman will help oversee and develop the Company's long-term strategic direction, including joint venture, licensing and new business opportunities.

"Nat Lipman is an excellent addition to our management team," said Robert Earl, President and Chief Executive Officer. "Having served as a senior executive and general counsel for House of Blues Entertainment and The Walt Disney Company, he brings valuable experience in the restaurant and entertainment industries. We are delighted to welcome Nat to Planet Hollywood and look forward to his contributions to the Company's long-term strategy and growth plans." Mr. Lipman has served as Senior Vice President and General Counsel for House of Blues Entertainment, Inc., since August 1995. Prior to that, he spent two years with The Walt Disney Company as Senior Counsel and four years as an Associate with the law firm Skadden, Arps, Slate Meagher and Flom. He earned a B.A. from the University of California, Berkeley in 1986 and J.D. from the UCLA School of Law in 1989.

Planet Hollywood is a creator and worldwide developer of consumer brands, most notably Planet Hollywood, that capitalize on the universal appeal of movies, sports, and other entertainment-based themes. To date, the Company has promoted its brands primarily through the operation of theme restaurants, which provide a unique dining and entertainment experience in a high-energy environment, and their integrated retail stores. In addition to Planet Hollywood, the Company has created and is continuing to develop such consumer brand concepts as Official All Star Cafe, a sports-themed restaurant-merchandise store, and Marvel Mania, a comic book-themed restaurant-merchandise store.

CONTACT: Kekst and Company

Wendi Kopsick/Jeffrey Taufield, 212/593-2655