"Dick Clark's New Year's Rockin' Eve(r)" Television Special Renewed by ABC with Five-Year Commitment

Market Wire, 20050229

dick clark productions, inc. (Nasdaq: DCPI), has received a commitment from ABC renewing its "Dick Clark's New Year's Rockin' Eve" annual television special. The five-year commitment extends through January 1, 2005.

In addition, the time slot for the December 31, 2000 special has been expanded to three-and-one-half hours of programming. The show will begin during prime time and then continue into the late-night hours.

"We are very excited by the expansion of our New Year's special," said Dick Clark, executive producer of "New Year's Rockin' Eve." "It gives us the opportunity to feature many more performers and guests."

New Year's Eve 2000 marked the 28th consecutive year that Clark hosted the "Countdown to Midnight" from Times Square in New York City. Clark's special has traditionally outrated all other network shows during its time period. The millennial appearance by Clark achieved the highest ratings ever for the "Countdown to Midnight."

"The renewal of 'New Year's Rockin' Eve' demonstrates the show's continuing popularity," said Francis C. La Maina, president and chief operating officer of dick clark productions, inc. "It is one of the annual television specials for which the Company is distinguished."

dick clark productions, inc. is a leading independent producer of a wide range of television programming for broadcast networks, cable networks, distributors and advertisers, as well as a leading creator of award-winning communications experiences from live events and meetings to integrated marketing programs for major corporations. dick clark restaurants, inc., a subsidiary, operates "Dick Clark's American Bandstand Grill(r)" and "Dick Clark's AB DinerSM," and licenses "Dick Clark's Bandstand - Food, Spirits & Fun" - a growing group of casual dining restaurants. The Company has also launched a new music, entertainment and e-commerce website at www.dickclark.com.