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Metro-Goldwyn-Mayer to Report Second Quarter 2004 Results on July 29 LOS ANGELES, July 6 /PRNewswire-FirstCall/ -- Metro-Goldwyn-Mayer Inc. (NYSE:MGM) today announced that it will report its second quarter 2004 financial results on Thursday, July 29, 2004. (Logo: http://www.newscom.com/cgi-bin/prnh/20011119/MGMLOGO) An investor conference call will be held the same day at 11:30 a.m. Eastern time (8:30 a.m. Pacific time). The call will be hosted by Chairman and Chief Executive Officer Alex Yemenidjian, Vice Chairman and Chief Operating Officer Chris McGurk, and Senior Executive Vice President and Chief Financial Officer Dan Taylor. The call will be moderated by Joseph Fitzgerald, Executive Vice President, Investor Relations and Corporate Communications. The call will be accessible live via the Internet through http://www.mgm.com/, http://www.streetevents.com/ or by calling 800-430-4409. Additionally, a webcast replay will be available through both sites shortly after the call. Metro-Goldwyn-Mayer Inc. (NYSE:MGM), through its Metro-Goldwyn-Mayer Studios Inc. subsidiary, is actively engaged in the worldwide production and distribution of entertainment product, including motion pictures, television programming, home video, interactive media, music, and licensed merchandise. The Company owns the largest modern film library in the world, consisting of approximately 4,000 titles. Its operating units include MGM Pictures, United Artists, MGM Television Entertainment, MGM Networks, MGM Distribution Co., MGM Worldwide Television Distribution, MGM Home Entertainment, MGM On Stage, MGM Consumer Products, MGM Music, MGM Interactive and MGM Direct. In addition, MGM has ownership interests in international television channels reaching over 100 countries around the globe. For more information on MGM, visit us online at http://www.mgm.com/. For further information please contact Joseph Fitzgerald of Metro-Goldwyn- Mayer Inc., +1-310-449-3660. http://www.newscom.com/cgi-bin/prnh/20011119/MGMLOGO http://photoarchive.ap.org/ DATASOURCE: Metro-Goldwyn-Mayer Inc. CONTACT: Joseph Fitzgerald of Metro-Goldwyn-Mayer Inc., +1-310-449-3660 Web site: http://www.streetevents.com/ Web site: http://www.mgm.com/

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