ICON UK GROUP AND CANADA’S
D FILMS SIGN EXCLUSIVE LONGTERM OUTPUT DEAL



FORMER POLYGRAM AND SIGNPOST EXECUTIVES STEWART TILL AND
DARRYL IWAI TO FORM STRATEGIC PARTNERSHIP


D FILMS SECURES EXCLUSIVE CANADIAN DISTRIBUTION RIGHTS ACROSS ALL MEDIA TO ICON’S UPCOMING THEATRICAL MOTION PICTURES
AND FILM & TELEVISION LIBRARIES

Toronto, Canada – Thursday, July 15, 2010 – – D FILMS, Canada’s fastest growing distributor, and leading UK Sales and distribution company, the Icon UK group have entered into an exclusive long-term, multi-picture output deal. Under the terms of the agreement, D FILMS will become the exclusive Canadian distributor for all Icon content inclusive of their prestigious film & television library. In addition to the Canadian partnership, D Films will have access to Icon’s international sales divisions and direct operating territories. In conjunction with this deal, Stewart Till will also join the Board of Directors of D FILMS. The announcement was jointly made today by Darryl Iwai, Chairman of the Board of Directors of D FILMS and Stewart Till, Chief Executive of the Icon UK Group.

The pact reunites Darryl Iwai and Stewart Till for a third time, building upon their long and successful relationships at Signpost Films and before that at PolyGram Filmed Entertainment (PFE).

D FILMS anticipates initially releasing 5 to 6, and subsequently 6 to 8, Icon films per year in Canada.

The Icon UK Group comprises Icon Film Distribution (IFD), Icon Home Entertainment (IHE), Icon Entertainment International (IEI) and Majestic Films & Television. Sales arm IEI is one of the leading suppliers of theatrical feature films to the independent film market, forging strong relationships with the best distributors in key territories around the world. Stewart Till took control of the Icon UK Group in 2009.

“We are very pleased to have successfully concluded this negotiation and have Icon as our international partner,” said Darryl Iwai. “Their leadership and high quality content will provide D FILMS with immediate growth opportunities in the worldwide markets through Icon’s expanding network of international distribution and sales companies. I thank Stewart for his confidence in our organization and look forward to working with him on our Board of Directors.”

Stewart Till said “Darryl and Jim’s track record as premier film executives will ensure that D Films will quickly become a significant and impressive distributor in Canada. We are very happy to entrust our films to them.”

D FILMS is led by President and CEO, Jim Sherry, a veteran of the Canadian and U.S. film business. Jim oversaw theatrical distribution and marketing activities for Canada’s foremost distribution company, Alliance Atlantis (now Alliance Films) from 1998 to 2007. He played a key role in the company’s growth and profitability and served in a series of progressively responsible positions to become the Executive Managing Director in 2007. Before joining Alliance, he served as Vice-President of Distribution at New Line Cinema for eight years. Following that he was General Sales Manager at Miramax Films, where he worked closely with Bob and Harvey Weinstein for three years. He was most recently Co-President of Maple Pictures.

The deal was negotiated by Jim Sherry, Darryl Iwai and Samantha Prasad of Minden Gross LLP for D FILMS and by Stewart Till, Dave Harries and Anthony Buckner on behalf of Icon Entertainment International. It is effective immediately.

ABOUT D FILMS:

Established in May 2009, D FILMS is a Toronto-based, full service marketing and motion picture distribution boutique that acquires exclusive, long term rights to films across all platforms, including theatrical, television, home entertainment and Internet. As Canada’s fastest growing motion picture distribution company, D FILMS is led by Jim Sherry, President and Chief Executive Officer. The organization’s first acquisition under the D FILMS banner was Creation, which had its world premiere as the prestigious Opening Night Gala at the 2009 Toronto International Film Festival. Since September 2009, D FILMS has acquired the exclusive long term rights to 12 additional motion pictures. Highlights include the eagerly awaited feature film Monsters, which is scheduled for release in October 2010 and Winnie, the biographical drama starring Oscar® winning actress Jennifer Hudson as Winnie Mandela and Academy® Award nominee Terrence Howard as Nelson Mandela, to be released in early 2011.

ABOUT ICON UK GROUP:

The Icon UK Group comprises Icon Entertainment International (IEI), Icon Film Distribution (IFD), Icon Home Entertainment (IHE) and Majestic Films & Television. Formed in 1995, IEI has subsequently established itself as one of the leading suppliers of theatrical feature films to the independent film market, forging strong relationships with the best distributors in key territories around the world. It has also acquired a significant film library of over 300 titles for DVD and television distribution. IFD was formed in 1999 and is one of the UK’s leading independent film distributors, releasing IEI titles and stand alone acquisitions. IHE, formed in 2007, handles the exploitation of all Icon titles in the UK on DVD, Blu-Ray, Television and other ancillary platforms.

In 2009 the group sold to Access Industries, the privately held, U.S.-based industrial group founded in 1986 by its Chairman, Len Blavatnik (www.accessindustries.com). Stewart Till is Chief Executive of, and a shareholder in, the Icon UK Group. He previously served as chairman of the UK Film Council, Chairman and CEO of United International Pictures and President of International at PolyGram Filmed Entertainment.