Miramax Announces Recommended Refinancing

SANTA MONICA (October 28, 2011) Miramax Film NY, LLC today introduced its intentions to re-finance its outstanding indebtedness getting a movie rights and contracted receivables resource-backed securitization (the Miramax Film-Library Securitization). It's anticipated that, prone to market together with other concerns, the Miramax Film-Library Securitization will close to the coast the fourth quarter of 2011. The notes being launched beneath the new securitization facility will probably be offered and agreed to customers within the united states . States pursuant to Rule 144A and outdoors the united states . States pursuant to Regulation S beneath the Opportunities Act of 1933. The notes will not be registered beneath the Opportunities Act of 1933 or any condition opportunities laws and regulations and rules and is probably not offered or offered within the united states . States absent registration or possibly an relevant exemption within the registration needs in the Opportunities Act of 1933 and relevant condition laws and regulations and rules. This news release shall not constitute an offer to promote or possibly a solicitation from the offer to purchase the notes or any other opportunities, and shall not constitute an offer, solicitation or purchase inside a condition or jurisdiction through which this type of offer, solicitation or purchase might be illegal. The Miramax Film-Library Securitization is prone to market together with other concerns, so there can be no assurance that it's going to be completed on terms that are acceptable to Miramax or whatsoever.