FUN Technologies Inc.

FUN Technologies Inc.

December 19, 2007 12:39 ET

FUN Technologies Inc. Shareholders Approve Arrangement with Liberty Media Corporation

TORONTO, ONTARIO--(Marketwire - Dec. 19, 2007) - FUN Technologies Inc. ("FUN")(TSX:FUN)(AIM:FUN) today announced that the shareholders of FUN have overwhelmingly approved the previously announced arrangement (the "Arrangement") under which Liberty Genius, Inc. ("Genius"), an indirect wholly-owned subsidiary of Liberty Media Corporation ("Liberty"), will acquire all of FUN's issued and outstanding common shares for a cash payment of GBP 1.75 per common share (or the Canadian dollar equivalent, as applicable), without interest. The Arrangement was approved by approximately 99.95% of the votes cast by shareholders present in person or represented by proxy at FUN's special meeting and by approximately 99.89% of the votes cast by minority shareholders present in person or represented by proxy at FUN's special meeting.

The closing of the transaction is subject to final court approval as well as the satisfaction or waiver of other conditions specified in the arrangement agreement among FUN, Genius and Liberty. FUN will seek final court approval from the Ontario Superior Court of Justice on Thursday, December 20, 2007. If court approval is obtained and the other conditions to closing are satisfied or waived, the Arrangement is currently expected to be completed on Friday, December 21, 2007.

Forward Looking Statements

This press release contains forward-looking statements regarding, among other things, FUN's beliefs, plans, objectives, strategies, estimates, intentions and expectations. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "believe", "potential", "expect", "estimate", "would", "could", "intend", "will", "if" and "may". These forward-looking statements are based on a number of assumptions which may prove to be incorrect, involve certain risks and uncertainties that are difficult to predict and, accordingly, are not guarantees of future performance. Future developments may differ materially from those expressed in the forward-looking statements contained in this press release, due to, among other factors, the risks and uncertainties inherent in the business and operations of the Company and the risk factors set out in the "Risk Factors" section of FUN's 2006 Annual Information Form and in other documents published or filed by, or on behalf of, FUN from time to time with the Canadian securities regulatory authorities. Other than as required by law, FUN undertakes no obligation to publicly update or revise any such forward-looking statements or information, whether as a result of new information, future events or otherwise.

About FUN Technologies

FUN Technologies Inc. is one of the world's leading providers of online and interactive casual and fantasy sports games and sports information. FUN is 53% owned by Liberty Media Corporation (NASDAQ:LINTA)(NASDAQ:LCAPA), and FUN's common shares are listed on both the Toronto Stock Exchange and the AIM Market of the London Stock Exchange under the symbol "FUN."

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