18 June 2007 - Mayer, Brown, Rowe & Maw LLP's London corporate group has advised Entertainment One on its acquisition of the Contender Entertainment Group. The deal is for a total consideration of £49.4 million, payable by the issue of approximately 7.4 million ordinary shares in Entertainment One Limited and £42 million in cash raised through an institutional placing with Collins Stewart and a UK credit facility with Barclays.

Over the last 25 years, Entertainment One has become a leading distributor of home entertainment products in North America, including DVDs, CDs and video games. Entertainment One was admitted to trading on the AIM market on 29 March 2007. Its subsidiary Koch Entertainment is the largest independent record label and a leading distributor of home entertainment products in the United States.

Contender Entertainment Group is the leading independent distributor of content on DVD in the UK. Its core business includes the acquisition of DVD distribution rights for third party producers. Its titles include Life on Mars, Will & Grace, Spooks and Cutting it.

Mayer, Brown, Rowe & Maw represented Marwyn Investment Management LLP on its acquisition and listing of Entertainment One in March. The deal was structured as a private-equity buy-out, using an AIM vehicle by way of an accelerated IPO.

The Mayer, Brown, Rowe & Maw team was led by corporate partners Robert Hamill and Lauri-Lynn Pursall and assisted by tax partners Andrew Stanger and James Hill and corporate assistants Julie Fowler, Elaine Thornton and Sam Webster.

Davenport Lyons represented Contender Entertainment Group led by corporate partner Jeanette Gregson and assistants Paul Toolan and Natalie Wright.

For further information:

Robert Hamill
Partner, London
+44 (0)20 7782 8558

Charlotte Ward
PR Manager, London
+44 20 7782 8547
cward@mayerbrown.com


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