Seven Arts Pictures plc

November 11, 2008 11:54 ET

Exercise of Options

                                      SEVEN ARTS PICTURES PLC
                                  ("Seven Arts" or "the Company")
                                        Exercise of Options

Seven Arts Pictures Plc (PLUS: SAPP and OTCBB: SAPXF), the PLUS-quoted feature films producer  and
distributor, announces that, pursuant to the announcement made on 4 November stating that  options
have  been  exercised in respect of 62,500 Ordinary Shares of 5p par value in the capital  of  the

The  share  options  were  issued at 15p, resulting in £9,450 being received  by  the  Company.  A
favourable exchange rate movement between requesting the funds and payment accounts for additional
funds received.

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The Directors of the Issuer accept responsibility for this announcement.

For further information please contact:

Seven Arts Pictures plc US contact:
Peter Hoffman                                         Tel:  +1-323-692-5010

Seven Arts Pictures plc UK contact:
Elaine New, Finance Director                          Tel: +44 (0) 20 3006 8222

Corporate Adviser & Broker
Daniel Stewart & Co Plc
Stewart Dick                                          Tel: + 44 (0) 20 7776 6550

About Seven Arts:

Seven  Arts  Pictures  plc  was founded in 2002 as an independent motion  picture  production  and
distribution company engaged in the development, acquisition, financing, production, and licensing
of  theatrical motion pictures for exhibition in domestic (i.e. the United States and Canada)  and
foreign  theatrical  markets,  and  for subsequent worldwide release  in  other  forms  of  media,
including home video and pay and free television.

Contact Information

  • Seven Arts Pictures plc