SOURCE: Headliners Entertainment Group Inc.

April 11, 2006 08:00 ET

Headliners Continues to Expand; Announces the Latest Rascals Comedy Club Location

MONTCLAIR, NJ -- (MARKET WIRE) -- April 11, 2006 -- Headliners Entertainment Group (OTC BB: HLEG), an integrated entertainment management company which owns and operates Dance Clubs and Comedy Clubs, is pleased to announce the selection of a location for a new Rascals Comedy Club in Baltimore, Maryland.

The latest Rascals Comedy Club will be located in the "Power Plant Live!" entertainment complex of Baltimore's Inner Harbor. Renovations are underway to transform this former comedy theatre into what has become the renowned and revered Rascals standard: a warm and friendly comedy venue designed for a superior audience experience.

The Rascals Comedy Club brand is legendary in the stand up comedy scene. Rascals has a rich history as a premier venue for showcasing the biggest names in comedy and launching fresh new talent. "Rascals is a proven concept which will bring premier comedians to the Baltimore entertainment scene. Baltimore is a vibrant and growing city and one in which Headliners is excited to be expanding into," said Ed Rodriguez, President and CEO of Headliners. He continued to say, "The latest Rascals Comedy Club in Baltimore is anticipated to be open by mid May and represents another major step in our expansion efforts. We have many new and exciting initiatives planned for 2006; all with the goal of expanding our brands and growing our revenues."

Baltimore is the twelfth largest city in the United States. Located along the shores of the Chesapeake Bay, Baltimore boasts a dazzling, fun-filled Inner Harbor and quaint neighborhoods which serve to punctuate its soaring downtown. Baltimore and the surrounding metropolitan areas are noted for one of the highest ratings for quality-of-life in the nation, which is complimented by a diverse economy, internationally renowned universities and medical centers, and an extraordinary collection of historic and cultural resources.

About Headliners Entertainment Group Inc.:

Headliners is an entertainment management company that owns and operates 3 Comedy Clubs and 5 Dance Clubs. Headliners Entertainment owns a library of more than 200 hours of stand up comedy routines performed by today's top entertainers, and it has also started taping a new Rascals Comedy Hour. Headliners has also entered into contracts with:

    
--  MSN Video Downloads;
--  TVNet wired and wireless digital video download service;
--  Windows Media;
--  XM Satellite Radio; XM Comedy;
--  SmartVideo Technologies, a mobile entertainment service provider that
    offers fully synched, full-motion audio and video programs to viewers
    with mobile electronic devices.
    
For all Headliners investor relations needs, investors are asked to visit the Headliners IR Hub at http://www.agoracom.com/IR/Headliners where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to HLEG@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

Forward-Looking Statements. This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We use words such as ''anticipate,'' ''believe,'' ''expect,'' ''future,'' ''intend,'' ''plan'' and similar expressions to identify forward-looking statements. Forward-looking statements include, without limitation, our ability to increase income streams, to grow revenue and earnings, and to obtain additional Indian gaming and other projects. These statements are only predictions and are subject to certain risks, uncertainties and assumptions, which are identified and described in the Company's public filings with the Securities and Exchange Commission.

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