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Rare 'King Kong' Poster Headlines Giant Movie Memorabilia Auction To be Held by Greg Manning Auctions

Business Wire, Oct 10, 2000

Entertainment/Business Editors

WEST CALDWELL, N.J.--(ENTERTAINMENT WIRE)--Oct. 10, 2000

Bids for Only Publicly Available Six-sheet Poster of Movie Classic

to be Accepted in Six Different Mediums, Including Online

Greg Manning Auctions, Inc. (Nasdaq: GMAI) will hold a major movie poster auction on Sunday, October 22, 2000 in its West Caldwell, NJ gallery. Included in the auction is the only known, publicly available, six-sheet poster from the classic 1933 RKO film "King Kong," as well as many posters from timeless science fiction films, vintage comedies, and other movie classics offered. Bids will be accepted from an unprecedented six different mediums, including live floor bids, the Internet, and the telephone.

"Our upcoming movie poster auction represents an incredible value for serious collectors. We also have seen a tremendous influx of new collectors into this wonderful hobby of ours", said Bill Hughes of GMAI. "While the six-sheet `King Kong' poster is a true highlight, the auction will offer a number of other rare posters from classic titles also."

Many fresh pieces will be part of the 658 lots offered in this auction. In addition to the "King Kong" six-sheet, a one-sheet for Disney's "Snow White" and a half-sheet of "The Invisible Ray" starring Boris Karloff and Bela Lugosi will be offered. Other highlights include a three-sheet "Creature from the Black Lagoon," and a half-sheet for The Marx Brothers' "A Night at the Opera." Title lobby cards from the "Wizard of Oz" and "Casablanca," and a lobby card from The Three Stooges' "Time Out for Rhythm" will also be offered.

Images of each lot and a detailed description of the posters offered can be seen by visiting the Greg Manning Auction's website, www.gregmanning.com .

Bids will be accepted in a variety of different forms. Collectors may appear in person and bid from the auction floor. Additionally, Greg Manning Auctions accepts bids by mail, fax, the telephone, and via the Internet. An addition to the electro nic catalog available at www.gregmanning.com.

For more information on Greg Manning Auctions, Inc., please visit www.gregmanning.com or call 800-221-0243; fax: 973-882-3499.

Statements in this press release that relate to future plans, objectives, expectations, performance, events and the like are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Future events, risks and uncertainties, individually or in the aggregate, could cause actual results to differ materially from those expressed or implied in these statements. Those factors include the parties' abilities to develop, implement, integrate, and launch the services and offerings described herein, and other factors discussed in the "forward-looking information" or "risk factors" sections included in the companies' prospectuses, quarterly reports on Form 10-Q, and annual reports on Form 10-K.

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