· Ko Sung-heepreviously won the Best New Actress in the 2014 MBC Drama Awards for her rolein MISS KOREA (2013) and DIARY OF A NIGHT WATCHMAN (2014)

· Her recent works include the Korean remake ofSUITS (2018) and MY HOLO LOVE (working title), scheduled to be broadcast in2020 on Netflix

· Ko Sung-hee shall join the ranks at one ofKorea's leading talent management agencies, MS Team, which also representsKorean megastar Son Ye-jin, leading actress Lee Min-jung and Wi Ha-jun

SINGAPORE- Media OutReach - 2October 2019 - Spackman Entertainment Group Limited ("Spackman EntertainmentGroup" or the "Company" and together with its subsidiaries, the "Group"),wishes to announce that Korean actress, Ko Sung-hee, has signed an exclusivecontract with MS Team Entertainment Co., Ltd. ("MS Team"), a wholly-ownedsubsidiary of the Group's associated company, Spackman Media Group Limited("Spackman Media Group").

Ko Sung-heemade her debut in the 2013 film, AN ETHICS LESSON, starring Lee Je-hoon, ChoJin-woong, Kim Tae-hoon, Kwak Do-won and Moon So-ri. She landed her firstleading role in the fantasy period drama, DIARY OF A NIGHT WATCHMAN (2014), andsubsequently won the Best New Actress for this project. Notably, she was alsorecognized for her role in MISS KOREA (2013) at the 2014 MBC Drama Awards.

Some of her recent works include the Koreanremake of SUITS (2018), starring alongside Park Hyung-sik of UAA & Co Inc.under Spackman Media Group and Jang Dong-gun, and MOTHER (2018), featuring LeeBo-young, Heo Yool and Lee Hye-young.

Ko Sung-hee has recently completed the filmingof Netflix's original drama with the working title MY HOLO LOVE, which isslated to be released in 2020.

Other than Ko Sung-hee, MS Team also representsand manages Korean megastar Son Ye-jin, leading actress Lee Min-jung and WiHa-jun.

About Spackman Entertainment Group Limited

Spackman Entertainment Group Limited ("SEGL" orthe "Company"), and together with its subsidiaries, (the "Group"), one ofKorea's leading entertainment production groups founded by investment veteran,Mr. Charles Spackman, is primarily engaged in the independent development,production, presentation, and financing of theatrical motion pictures in Korea.In order to diversify our revenue streams, we have expanded our businessportfolio to include the production of Korean television dramas. In addition to our content business, wealso make investments into entertainment companies and film funds that canfinancially and strategically complement our existing core operations. SEGL islisted on the Catalist of the Singapore Exchange Securities Trading Limited underthe ticker 40E.

SEGL's Zip Cinema Co., Ltd. ("Zip Cinema") isone of the most recognised film production labels in Korea and has originatedand produced some of Korea's most commercially successful theatrical films,consecutively producing 9 profitable movies since 2009 representing an industryleading track record. Recent theatrical releases of Zip Cinema's motionpictures include some of Korea's highest grossing and award-winning films suchas DEFAULT (2018), MASTER (2016), THE PRIESTS (2015), COLD EYES (2013), and ALLABOUT MY WIFE (2012). For more information on Zip Cinema, do visithttps://zipcine.com

SEGL also owns Novus Mediacorp Co., Ltd. ("NovusMediacorp"), an investor, presenter, and/or post-theatrical distributor for atotal of 79 films (58 Korean and 21 foreign) including ROSE OF BETRAYAL, THEOUTLAWS and SECRETLY, GREATLY, which was one of the biggest box office hits of2013 starring Kim Soo-hyun of MY LOVE FROM THE STARS fame, as well as FRIEND 2:THE GREAT LEGACY. In 2012, Novus Mediacorp was also the post-theatrical rightsdistributor of ALL ABOUT MY WIFE, a top-grossing romantic comedy produced byZip Cinema. In 2018, THE OUTLAWS, co-presented by Novus Mediacorp broke theall-time highest Video On Demand ("VOD") sales records in Korea. For moreinformation on Novus Mediacorp, do visit https://novusmediacorp.com

Our films are theatrically distributed andreleased in Korea and overseas markets, as well as for subsequentpost-theatrical worldwide release in other forms of media, including cable TV,broadcast TV, IPTV, video-on-demand, and home video/DVD, etc. We release all ofour motion pictures into wide-theatrical exhibition initially in Korea, andthen in overseas and ancillary markets.

We also operate a café-lounge called Upper West,in the Gangnam district of Seoul and own a professional photography studio,noon pictures Co., Ltd..

The Company holds an effective shareholdinginterest of 43.88% in Spackman Media Group Limited ("SMGL"). SMGL, a companyincorporated in Hong Kong, together with its subsidiaries, is collectively oneof the largest entertainment talent agencies in Korea in terms of the number ofartists under management, including some of the top names in the Koreanentertainment industry. SMGL operates its talent management business throughrenowned agencies such as MS Team Entertainment Co., Ltd., UAA & Co Inc.,Fiftyone K Inc., SBD Entertainment Inc., and Kook Entertainment Co., Ltd.Through these full-service talent agencies in Korea, SMGL represents and guidesthe professional careers of a leading roster of award-winning actors/actressesin the practice areas of motion pictures, television, commercial endorsements,and branded entertainment. SMGL leverages its unparalleled portfolio of artistsas a platform to develop, produce, finance and own the highest quality ofentertainment content projects, including theatrical motion pictures,variety shows, and TV dramas. This platform also creates and derivesopportunities for SMGL to make strategic investments in development stage businessesthat can collaborate with SMGL artists. SMGL is an associated company of theCompany.

The Group owns a 100% equity interest in FramePictures Co., Ltd. ("Frame Pictures"). Frame Pictures is a leader in themovie/drama equipment leasing business in Korea. Established in 2014, FramePictures has worked with over 25 top directors and provided the camera andlighting equipment for some of Korea's most notable drama and movie projectsincluding the upcoming Korean film GIRL COPS (2018) featuring Wi Ha-jun of SMGLand THE GREATEST DIVORCE (2018) starring Bae Doona of SMGL. In 2018, FramePictures has also won contracts to supply equipment to FOUR MEN (2019), ASADALCHRONICLES (2019), THE CROWNED CLOWN (2019), THE BEAUTY INSIDE (2018), HUNDREDMILLION STARS FROM THE SKY (2018), LOVELY HORRIBLY (2018), THE GUEST (2018),historical Korean movie MALMOI, SUITS (2018) featuring Park Hyung-sik of SMGL,MISTRESS (2018), LIFE (2018), LIVE (2018) starring Lee Kwang-soo of RUNNINGMAN, MY MISTER (2018) and Netflix's first Korean original production LOVE ALARM(2018).

The Company owns a 100% equity interest TakePictures Pte. Ltd. ("Take Pictures") which has an upcoming film STONE SKIPPINGand a line-up of other films such as the co-production with Zip Cinema for THEPRIESTS 2.

The Company owns a 100% equity interest inConstellation Agency Pte. Ltd. ("Constellation Agency"). Constellation Agency,which owns The P Factory Co., Ltd. ("The P Factory") and Platform Media GroupCo., Ltd. ("PMG"), is primarily involved in the business of overseas agency forKorean artists venturing into the overseas market. The P Factory is aninnovative marketing solutions provider specializing in event and brandedcontent production. PMG is a talent management agency which represents and managesthe careers of major artists in film, television, commercial endorsements, andbranded entertainment.

The Company owns a 100% equity interest inGreenlight Content Limited which is mainly involved in the business ofinvesting into dramas and movies, as well as providing consulting services forthe production of Korean content.

The Company owns a 100% equity interest inSimplex Films Limited ("Simplex Films") which is an early stage film productionfirm. Simplex Films has several films in the pipeline including, A BOLT FROMTHE BLUE, IRREVOCABLE PROMISE and OUR SUPERSTAR K. For more details, do visithttps://www.spackmanentertainmentgroup.com/