BEVERLY HILLS, CA CEO Sir Steven Saxton announced today that the Company has signed a Memorandum of Understanding with His Royal Highness Prince Faisal S. Al Saud of the Saudi Arabian royal family. The MOU, signed in Paris, France, outlines the objectives of the partnership, including Prince Faisal's best efforts regarding the ongoing capitalization of the Company, the formation of a production label and several charity initiatives. The MOU calls for a long term relationship to build a world class international studio encompassing artist management, production and content distribution, with in-house financing capabilities though a series of film funds. Prince Faisal will also be involved in the creative process and day to day operation of the Company.

About HRH Prince Faisal S. Al Saud

HRH Prince Faisal S. Al Saud is a member of the Saudi Arabian royal family. His Royal Highness was educated in Riyadh, Jeddah, several fine arts institutions in Europe, and Cambridge. His talent and accomplishments as a painter have resulted in gallery exhibits in London, Paris, Geneva, Vienna, Beirut, and Riyadh. His successful business holdings range from construction to special events, but his true passion lies with cinema, music, and the arts. His vast endeavors will soon include multiple charitable organizations that leverage his passion for the arts to take on the world's biggest challenges.

About Hollywood Studios International

Hollywood Studios International (www.hsifilms.com), an entertainment holding company, exists to create award-winning entertainment which succeeds both artistically and commercially through the inherent synergies of combining elements of a traditional studio system with the structure of artist management. Upon completion of the current round of private funding, the Company plans to file appropriate paperwork to begin trading in the US (PINKSHEETS: HYWS) . Current subsidiaries and divisions include Artist International Management, Doc Hollywood Kidz/Records, and Bop City Records. The Company has announced the acquisition of a film production/international distribution company and is currently structuring the financing to complete the acquisition.

Forward-Looking Statements:

This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although Hollywood Studios International believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by the Company or any other person that the objective and plans of the Company will be achieved.

Contact: US: Joel Newton (310) 358-9007 press@hsifilms.com

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