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MGM Channel Ramps Up Distribution in Asia Channel's Launch in Singapore and Macau Highlights Aggressive Growth for MGM Networks in Greater China and Southeast Asia LOS ANGELES, July 6 /PRNewswire-FirstCall/ -- MGM Networks, a unit of Metro-Goldwyn-Mayer Inc. (NYSE:MGM), has launched the MGM Channel on Singapore's StarHub Cable Vision, the country's sole Pay-TV platform. The channel has been broadcasting a wide selection of MGM films, in English with Mandarin subtitles, 24 hours a day since its May 29 debut. (Logo: http://www.newscom.com/cgi-bin/prnh/20011119/MGMLOGO) MGM Networks also has signed an agreement with Macau Cable TV, Macau's sole cable operator, to begin carriage of the MGM Channel beginning this month. "We are excited to see our distribution take off so quickly, particularly because our specially targeted MGM Channel for Southeast Asia and Greater China just launched late last year," said Bruce Tuchman, MGM Networks executive vice president. "With endorsements from market leaders such as StarHub and Macau Cable TV, we look forward to securing further distribution across this vital, fast-growing region, particularly as we add more great offerings from the world's largest library of modern films." The StarHub and Macau Cable TV deals are the latest in numerous recent breakthrough agreements for MGM Networks in Asia. Among other activities in Asia, MGM Networks has a strategic alliance in the Greater China and South-East Asian market with CNBC Asia Pacific, which assists MGM in the operation and distribution of a dedicated MGM Channel in that region. The StarHub deal follows this dedicated channel's launch on PCCW's Now Broadband TV platform in Hong Kong and on Indonesia's largest MSO, Kabelvision. "This is a superb opportunity for StarHub and Macau Cable TV to add value to their channel packages with the MGM Channel," said Alexander Brown, President & CEO of CNBC Asia Pacific. "For us, the deals with StarHub and Macau Cable TV signify a positive move towards the Southeast Asia and Greater China markets. These deals again recognize MGM's ability to move subscribers across multiple distribution platforms in the region." "The channel has a wide range of titles, including many blockbusters and classics, so it will appeal to those customers who are movie lovers," said Sandie Lee, StarHub's senior vice-president for cable TV services. "Having MGM on StarHub's digital platform complements the suite of entertainment channels on the Entertainment Digital Tier." "Macau Cable TV (MCTV) takes great strides in providing quality programming for its viewers," said Antonio A. Silva Aguiar, CEO & CFO of Macau Cable TV. "To celebrate our fourth anniversary, we continue to bring in top channels from around the world to enrich our channel lineup and to give our viewers a new face on MCTV. One of them is the MGM Channel, which we believe that movie enthusiasts in Macau will enjoy tremendously." Separately, MGM Networks holds interests in two MGM-branded channels in Korea. Earlier this month, MGM announced plans for a localized channel in Spain this summer, the latest addition to the more than 110 countries and territories worldwide already served by MGM channels. About Metro-Goldwyn-Mayer Inc. Metro-Goldwyn-Mayer Inc. (NYSE:MGM), through its Metro-Goldwyn-Mayer Studios Inc. subsidiary, is actively engaged in the worldwide production and distribution of motion pictures, television programming, home video, interactive media, music and licensed merchandise. The company owns the world's largest library of modern films, comprising about 4,000 titles. 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 TV channels reaching more than 110 countries. For more information, visit http://www.mgm.com/. About CNBC Asia Pacific CNBC is the undisputed world leader in business news and information, providing viewers the world over with insights, analysis and real-time access to market data and indispensable business information. Headquartered in Singapore, CNBC Asia Pacific is a business news and information service of Dow Jones & Company and NBC Universal. Dow Jones, the publisher of The Wall Street Journal and its international and online editions, is a provider of vital world business and financial information; NBC Universal is the broadcasting unit of General Electric Company, one of the most successful companies in the world. CNBC Asia Pacific's channels -- CNBC Asia, CNBC Australia, CNBC-TV18 (India), Nikkei-CNBC (Japan), MBN-CNBC (Korea), CNBC Singapore and CNBC Hong Kong -- are available in more than 35 million homes across the Asia Pacific region. The channels are distributed via satellite, cable and terrestrial broadcast networks. The website address is http://www.cnbcasia.com/. About StarHub StarHub is a Singapore-based info-communications company providing a full range of information, communications and entertainment services over fixed, mobile and Internet platforms. It operates its own nation-wide broadband network that delivers multi-channel cable TV, data, voice and Internet access. StarHub added Digital Cable to its cable TV offering in May 2004. On the cellular front, StarHub also operates its own GSM/GPRS network and will have its 3G network ready by end 2004. Driven by a passion for listening and providing what customers want, StarHub endeavours to bring affordable and premium quality services with innovative and useful features to all its customers. StarHub raises the level of competition in Singapore, challenging others as well as challenging itself, to constantly introduce new world-class services at competitive prices. This unwavering commitment will further strengthen Singapore's position as a leading info-communication hub in the region. Visit StarHub at http://www.starhub.com/ for your communication needs. About Macau Cable TV Macau Cable TV, Ltd. (MCTV) has been granted a 15-year Exclusive Concession Contract since 1999 from the Macau Government. MCTV's shareholders are Portugal Telecom Ventures SGPS SA, Portugal Telecom Asia Lda, Teledifusao de Macau SA, Banco Nacional Ultramarino SA and Ng Fok Holdings SARL. MCTV commenced its broadcasting service on 8th July 2000. At present, it provides over fifty different international channels, which are categorized as sports, movies, series, music, news, cartoons and nature. MCTV is keen to provide variety of programs for different customer segments and gives them more choices. This not only helps broaden the customer visions, but also enriches their life with perfect blend of entertainment and pleasure. For further information, please contact David Bloom of MGM, +1-310-449-3660, , or Omar Gepiga of MGM Channel -- Asia, +65-6326-1122, . http://www.newscom.com/cgi-bin/prnh/20011119/MGMLOGO http://photoarchive.ap.org/ DATASOURCE: Metro-Goldwyn-Mayer Inc. CONTACT: David Bloom of MGM, +1-310-449-3660, , or Omar Gepiga of MGM Channel -- Asia, +65-6326-1122, Web site: http://www.mgm.com/ http://www.cnbcasia.com/ http://www.starhub.com/

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