Eagle Rock Entertainment to Release Catalog Titles on UMD for Sony Playstation Portable (PSP)

Market Wire, May, 2005

Eagle Rock Entertainment, the leading independent source for high quality music audio and audio/visual music programming, announced today that it will become one of the first visual music companies to embrace the hot new Universal Media Disc (UMD) format, and release selected catalog titles worldwide on UMD for play on the Sony PlayStation Portable (PSP) game device.

In addition to gaming, the Sony PSP allows consumers to view movies and music video programs, listen to music and download files. Eagle Rock will take advantage of the PSP's high resolution screen and the UMD's high capacity (1.8 gigabytes) to give music fans the chance to enjoy some of their favorite music programming in flight, on road trips or wherever they use their PSP.

"Eagle Rock is a forward-thinking company, and we're always looking at promising new formats that make sense for our catalog," said Eagle Rock Entertainment Executive Vice President and President of North American Operations, Mike Carden. "As soon as we saw the quality of the image produced on the PlayStation Portable, we knew it could be a very successful vehicle for our products and we wanted to be the first-to-market with visual music titles."

Eagle Rock will distribute the titles, which have Soundscanned more than one million copies combined on DVD in the U.S., to regular retail and gaming retailers worldwide. The following titles will be available on UMD in 2005, with more to follow:

Black Label Society: "Boozed, Broozed & Broken Boned"
Busta Rhymes: "Everything Remains Raw"
Jimi Hendrix: "Electric Ladyland Classic Album"
Iron Maiden: "Number of the Beast Classic Album"
Marilyn Manson: "Guns, God and Government"
Metallica: "Metallica Classic Album"
Nirvana: "Nevermind Classic Album"
Pink Floyd: "Dark Side of the Moon Classic Album"
Puddle of Mudd: "Live at the Key Club - Striking That Familiar Chord"
Snoop Dogg: "Big Snoop Dogg's Puff Puff Pass Tour"
Various Artists: "Up in Smoke Tour, featuring Snoop Dogg, Dr. Dre, Ice Cube
and Eminem"

Eagle Rock also has one-minute song clips in MPEG-4 format from Alice Cooper, Marilyn Manson, The Cure, Busta Rhymes and Dio available for download to the PSP on its website, www.eaglerockent.com.

The Sony PSP has sold extremely well since its release on March 24, and the Wall Street Journal reports that Sony expects to ship 12 million units worldwide this year. Sales of film titles available for the device have already exceeded expectations. Video Business predicts that by the end of the year, most film studios will be making releases available in the UMD format.

Eagle Rock Entertainment develops, acquires and produces visual music programming for a wide range of notable and high profile artists, which the company distributes on a worldwide basis. Eagle Vision and Eagle Eye Media are wholly owned divisions of Eagle Rock Group, LTD. The company's corporate headquarters are in London, with offices in New York, Paris and Hamburg.

CONTACT: Cathy Halgas Nevins Eagle Rock Entertainment 212-354-1040 x114 cnevins@eaglerockent.com