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ots Ad hoc-Service: Intertainment AG <DE0006223605> Intertainment posts strong earnings increase
EBIT growth of 848 percent in first six months of 2000

Munich (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA AND JAPAN
Intertainment AG, the Neuer Markt listed media Company has posted
an increase in earnings before interest and tax (EBIT) of 848% in the
second half of 2000 compared with the same period last year. Turnover
increased by 949% over the same period.
EBIT for the first six months of 2000 was EURO 32.5 mm compared
with EURO 3.4 mm in the first half of 1999. Turnover increased to
EURO 68.7 mm for the first half 2000 from EURO 6.6 mm in the same
period last year. The significant growth in earnings was primarily
generated by revenues in theatrical, video and TV exploitation. These
figures include the expenses incurred for theatrical licenses and
theatrical releases of "Battlefield Earth" starring John Travolta and
"The Whole Nine Yards" starring Bruce Willis.
Barry Baeres, CEO of Intertainment, looks forward to further
strong earnings growth resulting from the agreement signed with the
successful Hollywood producer Arnold Kopelson two months ago. As a
result of this deal, Intertainment holds exclusive world-wide lights
to all movies produced by Kopelson for the next five years.
Kopelson's last ten movies generated receipts of USD 2 billion at the
box-office alone.
This press release is not an offer for safe of securities in the
United States or in any other jurisdiction. The securities may not be
sold in the United States absent registration or an exemption from
registration under the U.S. Securities Act of 1933, as amended. There
is no intention to register any portion of the offering in the United
States or to conduct a public offering of securities in the United
States.
Presscontact:
Intertainment AG Bernd M. Zander Osterfeldstr. 84 D-85737 Ismaning
Tel.: 089-21699-0 Fax : 089-21699-11 e-mail: 
bzander@intertainment.de
End
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