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November 16, 2006

CONTACT:    Jeff Pryor
                        Executive Vice President/Corporate Communications
                        Metro-Goldwyn-Mayer Inc.
                        p. (310) 449-3446; e. jpryor@mgm.com

MGM NETWORKS AND LEADING POLISH MEDIA AND ENTERTAINMENT GROUP, ITI, TO LAUNCH MOVIE CHANNEL

 MGM Branded Network to Launch in Poland Next Month On “n”, ITI Group’s New Pay TV Platform, in both Standard and High Definition Formats

WARSAW, POLAND  16 NOVEMBER, 2006 -- Global television channel provider, MGM Networks, a division of Metro-Goldwyn-Mayer Studios Inc., and ITI Neovision, a subsidiary of the ITI Group, one of Poland’s leading media and entertainment companies, have joined forces to create a localized version of The MGM Channel for Poland.  Launching next month on “n”, the ITI Group’s new direct-to-home satellite television platform, the MGM Channel in Poland will be broadcast in Polish and be available in high definition format for customers with the requisite equipment and standard definition format elsewhere.  The announcement was made today by Bruce Tuchman, Executive Vice President, MGM Networks, and Maciej Sojka, President, ITI Neovision.

Tuchman stated, "As MGM Networks has expanded its footprint across the world, we have worked diligently to partner with top local media and entertainment companies to secure the most compelling opportunities and ensure the highest levels of quality.  In the ITI Group we have found an example par excellence," Tuchman added, "This will also be our first MGM branded channel available in HD format, and it will present a compelling and unmatched viewing experience for both those familiar with, and those new to, the legendary MGM film library."

“It’s great privilege for us to introduce to Polish viewers the first HD Movie Channel in the country and a great honour for us to launch with the magnificent MGM brand,” said Maciej Sojka, President, ITI Neovision.  Sojka added, “Interest in HD technology and content in Poland has grown dynamically, along with ever-increasing sales of HD and HD Ready television sets. Until now, Poland has lacked channels that can offer viewers full appreciation of the potential of high definition technology. Thanks to ‘n’, from now on Polish viewers will also be able to get the full benefit of HD, thanks to our cooperation with MGM  – they will have a chance to experience the highest quality home entertainment, quality thus far only experienced in the cinema.”

Featuring handpicked selections from the MGM library, the world’s largest collection of modern films, the MGM Channel in Poland will present movies across all eras and genres of film marking, including renowned staples from the MGM library such as Raging Bull, Midnight Cowboy, Dirty Rotten Scoundrels, Coming Home, Network and The Manchurian Candidate.  In addition, the MGM Channel will showcase MGM library features from master film-makers such as Woody Allen, Brian DePalma, Spike Lee, John William Friedkin and Robert Altman, as well as some of Hollywood’s most luminous all time stars, including Robert De Niro, Jane Fonda, Jodie Foster, Gene Hackman, Steve McQueen and Reese Witherspoon. 

The MGM Channel will be available on “n,” the ITI Group’s newly launched digital satellite platform, which features Poland’s only HD channel offerings, along with channels specially packaged for the platform by Poland’s leading commercial television network, TVN, and other third party providers.  In addition, the channel will be offered to Polish cable operators.

Customized versions of The MGM Channel are available in nearly 120 countries and territories around the world, representing a more than four-fold increase in the number of territories worldwide reached by MGM Networks over the last five years.  The MGM Channel in Poland represents another important milestone in MGM’s ambitious development strategy for the burgeoning television markets of Central and Eastern Europe, and follows the launch last month of the MGM Channel in Hungary, Romania, the Czech Republic and Slovakia (through a joint venture with Liberty Global’s chellomedia division), as well as the launch of a Russian versioned MGM channel across the former U.S.S.R. in 2004.

About MGM Networks
MGM Networks manages Metro-Goldwyn-Mayer Studios Inc.’s interests in MGM-branded networks, Hollywood film studio joint venture channels and other programming services spanning scores of markets across Europe, North and South America, Asia, Oceana and Africa. For more information, visit www.mgmchannel.com

About Metro-Goldwyn-Mayer Inc.
Metro-Goldwyn-Mayer Inc., through its operating subsidiaries is actively engaged in the worldwide production and distribution of motion pictures, television programming, home video, interactive media, music, and licensed merchandise.  The company owns the world’s largest library of modern films, comprising around 4,000 titles.  Operating units include Metro-Goldwyn-Mayer Studios Inc., Metro-Goldwyn-Mayer Pictures Inc., United Artists Films Inc., MGM Television Entertainment Inc., MGM Networks Inc., MGM Distribution Co., MGM International Television Distribution Inc., Metro-Goldwyn-Mayer Home Entertainment LLC, MGM ON STAGE, MGM Music, MGM Consumer Products and MGM Interactive.  In addition, MGM has ownership interests in international TV channels reaching nearly 110 countries.  MGM ownership is as follows:  Providence Equity Partners (29%), Texas Pacific Group (21%), Sony Corporation of America (20%), Comcast (20%), DLJ Merchant Banking Partners (7%) and Quadrangle Group (3%).  For more information,

visit www.mgm.com: www.mgm.com.

About “n” and ITI Neovision
The ‘n’ digital platform was introduced by ITI Neovision in September 2006, as the first  HD broadcaster in Poland.  “n” offers variety of programming packages including HD channels. It also provides PVR and VOD options.  ‘n’ television is part of the ITI Group, the media leader in the Polish market.  www.n.pl

About ITI Group
The ITI Group incorporates some of the strongest and best recognised brands on the Polish market, and its activities include television, new media and entertainment.

Activities on the commercial television market are mainly conducted by the TVN Group, one of the largest commercial television networks in Poland.

The TVN Group offers the following channels:
Terrestrial television stations TVN and TVN Siedem, as well as the thematic channels: TVN 24, TVN Meteo, TVN Turbo, ITVN, TVN Style, TVN Gra, TVN Lingua and TVN Med. 

The ITI Group is present on the new media market through the company Grupa Onet.pl SA, under which onet.pl, Poland’s most popular Internet portal, operates.  Since the beginning of 2000, when the first independent market surveys were carried out, Onet.pl has remained the clear leader.

On the entertainment market, the ITI Group operates through Multikino, one of the leading multiplex operators in Poland, ITI Film Studio, one of the biggest TV advertisement producers, ITI Cinema and ITI Home Video, producers and distributors of cinema films and videos, as well as Impresariat ITI.

Legia, the best known and internationally recognised Polish football club has operated under the ITI Group for over a year. www.iti.pl