Statement re KidsCo


DIC Entertainment Holdings, Inc.
18 January 2008


The information contained herein is restricted and is not for publication,
release or distribution in or into the United States of America, Canada,
Australia, New Zealand, the Republic of Ireland, South Africa or Japan or to any
national, resident or citizen of the United States of America, Canada, Australia
or Japan.


            DIC Entertainment Announces Further Expansion of KidsCo,
               its Joint Venture International Children's Channel


(London Monday 14th January 2008) DIC Entertainment Holdings Inc ("DIC"), the
fully integrated global brand management company, announced today the continuing
roll out of its international joint venture children's channel, KidsCo, to key
new territories in Asia, the Middle East and South Africa.


This follows the successful Central and Eastern European launch in Autumn 2007
of the channel in Romania, Hungary, Russia, Turkey and Poland (with Ukraine now
to follow in Spring 2008). Announcing the channel's further expansion, DIC
President and COO Jeffrey Edell said,


"KidsCo, in which we have a 33% holding, is proving to be a great success and we
are on course to be on air in 40 territories by the end of the year, creating a
truly international force in children's television."


The following is the press release issued by the partners in KidsCo:



              KIDSCO EXPANDS TO ASIA, SOUTH AFRICA AND MIDDLE EAST


Global Channel for Kids Now in 7 Territories, with a Total of 14 in Spring 2008


KidsCo, the global children's television channel jointly owned by NBC Universal,
Corus Entertainment Inc., and DIC Entertainment, is expanding into new
territories including the Philippines, Indonesia, South Korea, Hong Kong, South
Africa and the Middle East.


The channel launched on Sky Cable in the Philippines and on Showtime DTH
satellite in the Middle East on January 1, 2008, and will launch to the other
Asian territories on March 20, 2008, and in South Africa in August.


This expansion is part of the ongoing strategy to launch KidsCo in major
television markets and adds to the existing territories of Russia, Poland,
Hungary, Romania and Turkey, which are already on the air, with the Ukraine set
to launch in Spring 2008.


"KidsCo's expansion into important new territories in Southeast Asia and South
Africa will bring the channel to millions more families and is just part of our
extensive growth planned for 2008," said Paul Robinson, Managing Director,
KidsCo.


KidsCo serves an audience of boys and girls aged 6 to 10, plus preschoolers,
with entertaining and fun programs in a safe and nurturing environment.


KidsCo will continue to explore new markets and territories to maintain its
growth mandate.


About KidsCo:

KidsCo, a 24/7 multi-platform channel, is committed to providing a responsible
and entertaining environment for children and families around the world. The
unique channel utilizes NBC Universal's state-of-the-art broadcast distribution
facility in the U.S. and the company's international network of affiliates. The
channel is expected to broadcast in up to 40 territories by the end of 2008


For further information please contact:

Craig Breheny / Ash Spiegelberg, Brunswick        Tel: +44 (0) 20 7404 5959


About NBC Universal Global Networks:

NBC Universal Global Networks is part of NBC Universal, one of the world's
leading media and entertainment companies in the development, production and
marketing of entertainment, news and information to a global audience. It owns
and operates the distinct entertainment channels SCI FI, 13th STREET, Studio
Universal, Universal Channel and Das Vierte outside of the U.S. Through NBC
Universal's acquisition of Sparrowhawk Media in October 2007, NBC Universal
Global Networks added the international (non-U.S.) Hallmark Channels, Movies 24,
Diva TV and Sparrowhawk's interest in the KidsCo joint venture to its portfolio
of channel brands. Collectively, these channels reach more than 130 million
households across Europe, the Middle East, Africa, Australia, Latin America and
Asia. NBC Universal is 80% owned by General Electric and 20% owned by Vivendi.

About Corus Entertainment Inc.:

Corus Entertainment Inc. is a Canadian-based media and entertainment company.
Corus is a market leader in specialty television and radio with additional
assets in pay television, advertising and digital audio services, television
broadcasting, children's book publishing and children's animation. The company's
multimedia entertainment brands include YTV, Treehouse, W Network, Movie
Central, Nelvana, Kids Can Press and radio stations including CKNW, CKOI and
Q107. Corus creates engaging branded entertainment experiences for its audiences
across multiple platforms. A publicly traded company, Corus is listed on the
Toronto (CJR.B) and New York (CJR) exchanges. Experience Corus on the web at
www.corusent.com.

About DIC Entertainment:

DIC Entertainment, a fully-integrated global brand management company, is
dedicated to creating, developing, producing, distributing, marketing and
merchandising family-based intellectual properties. The Company serves as the
worldwide licensor or agent for brands such as McDonald's, Strawberry Shortcake,
Madeline, Mommy & Me, and Eloise. DIC has distinguished itself by building one
of the largest libraries of animation worldwide with approximately 3,000
half-hours of programming, including Inspector GadgetTM, Strawberry ShortcakeTM,
HorselandTM, SabrinaTM, MadelineTM, Liberty's KidsTM, Sonic The HedgehogTM
and Care BearsTM. This year, DIC and American Greetings Properties partnered to
launch a new educational and informational Saturday morning programming block,
"KEWLopolis on CBS." As a pre-eminent supplier of kid's programming worldwide,
DIC has developed strategic partnerships with key broadcast partners throughout
North America, Europe, Asia, Latin America, Africa and Australia. In 2006, DIC
acquired Copyright Promotions, a Pan-European licensing agency that represents
the licensing rights of a broad portfolio of world-renowned companies including
DreamWorks Animation, MGM, Marvel, Sony, Twentieth Century Fox, Viacom and The
Football Association. DIC is headquartered in Burbank, California with offices
in New York, Paris and London.
                                 

For further information, please contact:

Jane Muirhead
International Press & PR Manager
NBC Universal Global Networks
KidsCo, Hallmark Channel, Movies 24, Diva TV

Tel: +44 (0) 207 368 9136

jmuirhead@sparrowhawkmedia.com






                      This information is provided by RNS
            The company news service from the London Stock Exchange

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