• STONE SKIPPING, a human drama film , isthe first production of the Company's wholly‐owned indirect subsidiary, StudioTake, founded by veteran movie producer, Mr. Song Dae‐chan
• STONE SKIPPING was screened at the 23^rd BusanInternational Film Festival in October 2018, and expected to be released inKorea on 9 September 2020

SINGAPORE - Media OutReach - 4 August 2020 - Spackman Entertainment Group Limited ("Spackman EntertainmentGroup" or the "Company" and together with its subsidiaries, the "Group"),wishes to announce that the Group's new art film, STONE SKIPPING,produced by the Company's wholly‐owned indirect subsidiary, Studio Take Co.,Ltd. ("Studio Take") is scheduled to be released in Korea on 9 September2020.

STONE SKIPPING is the first production to bereleased by Studio Take. The human drama film stars Kim Dae-Myung of GOLDENSLUMBER (2017) & BLUEBEARD (2017), Jeon Chae‐eun of ANNE OFGREEN GABLES (MUSICAL) (2017), Kim Eui‐sung of TRAIN TO BUSAN (2016)& GOLDEN SLUMBER (2017) and Song Yun‐ah of THE K2 (2016). Thestory of STONE SKIPPING revolves around an unforeseen friendship betweenSuk‐Gu (played by Kim Dae-Myung), an adult with an intellectual disabilityrunning a rice mill in a small village, and Eun‐Ji (played by Jeon Chae‐eun), arunaway teenage girl from the city looking for her father. One day, anunexpected incident at the rice mill leads to their world falling apart.

STONE SKIPPING is directed by Kim Jung-sikand distributed by Little Big Pictures.

For more information on STONESKIPPING and its official trailer, visit the Group's website at https://www.spackmanentertainment.com.

About Spackman Entertainment Group Limited

Spackman Entertainment GroupLimited ("SEGL" or the "Company"), and together with itssubsidiaries, (the "Group"), foundedin 2011 by Charles Spackman, is one of Korea's leading entertainment productiongroups. SEGL is primarily engaged in the independent development, production,presentation, and financing of theatrical motion pictures in Korea. Accordingto Variety, Korea was the world's fourth largest box office market in 2019,behind only North America, China and Japan.    

TheGroup also invests into and produces Korean television dramas. In addition toour content business, we also own equity stakes in entertainment-relatedcompanies and film funds that can financially and strategically complement ourexisting core operations. SEGL is listed on the Catalist of the SingaporeExchange Securities Trading Limited under the ticker 40E.

Production Labels

SEGL's wholly-owned Zip CinemaCo., Ltd. ("Zip Cinema") is one ofthe most recognised film production labels in Korea and has originated andproduced some of Korea's most commercially successful theatrical films,consecutively producing 10 profitable movies since 2009 representing anindustry leading track record. Recent theatrical releases of Zip Cinema'smotion pictures include some of Korea's highest grossing and award-winningfilms such as CRAZY ROMANCE (2019), DEFAULT (2018), MASTER(2016), THE PRIESTS (2015), COLD EYES (2013), and ALL ABOUT MY WIFE (2012). For moreinformation on Zip Cinema, do visit https://zipcine.com 

SEGL also owns Novus MediacorpCo., Ltd. ("Novus Mediacorp"), aninvestor, presenter, and/or post-theatrical distributor for a total of 79 films(58 Korean and 21 foreign) including ROSEOF BETRAYAL, THE OUTLAWS and SECRETLY, GREATLY, which was one of thebiggest box office hits of 2013 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 thepost-theatrical rights distributor of ALLABOUT MY WIFE, a top-grossing romantic comedy produced by Zip Cinema. In2018, THE OUTLAWS, co-presented byNovus Mediacorp broke the all-time highest Video On Demand ("VOD") sales records in Korea. For moreinformation on Novus Mediacorp, do visit https://novusmediacorp.com 

The Company owns a 100% equityinterest in Simplex Films Limited ("Simplex Films") which is an earlystage film production firm. Simplex Films has thefollowing films in the pipeline namely, A BOLT FROM THE BLUE, IRREVOCABLEPROMISE and OUR SUPERSTAR K.

TheCompany owns a 100% equity interest Take Pictures Pte. Ltd. ("Take Pictures") which has a line-up of several films including STONE SKIPPING(working title), GUARDIAN (working title) and theco-production with Zip Cinema for THEPRIESTS 2.

The Company owns a100% equity interest in Greenlight 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 20% equityinterest in The Makers Studio Co. Ltd., which plans to produce and release fourupcoming films, the first of which will be THE ISLAND OF THE GHOST'S WAIL,a comedy horror film.

Our films are theatricallydistributed and released in Korea and overseas markets, as well as forsubsequent post-theatrical worldwide release in other forms of media, includingonline streaming, cable TV, broadcast TV, IPTV, video-on-demand, and homevideo/DVD, etc. We release all of our motion pictures into wide-theatricalexhibition initially in Korea, and then in overseas and ancillary markets.

TalentRepresentation

The Company holds an effectiveshareholding interest of 43.88% in Spackman Media Group Limited ("SMGL"). SMGL, a company incorporated inHong Kong, together with its subsidiaries, is collectively one of the largestentertainment talent agencies in Korea in terms of the number of artists undermanagement, including some of the top names in the Korean entertainmentindustry. SMGL operates its talent management business through renownedagencies such as MSteam Entertainment Co., Ltd. (Son Ye-jin, Lee Min-jung, KoSung-hee), UAA&CO Inc. (Song Hye-kyo, Yoo Ah-in, Park Hyung-sik), FiftyoneK Inc. (So Ji Sub, Ok Taec-yeon), SBD Entertainment Inc. (Bae Doo-na, SonSuk-ku), and Kook Entertainment Co., Ltd. (Kim Sang-kyung, Kim Ji-young).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, varietyshows and TV dramas. This platform also creates and derives opportunities forSMGL to make strategic investments in development stage businesses that cancollaborate with SMGL artists. SMGL is an associated company of the Company.

The Company owns a 100% equityinterest in Constellation Agency Pte. Ltd. ("Constellation Agency"). ConstellationAgency, which owns The P Factory Co., Ltd. ("The P Factory") and Platform Media Group Co., Ltd. ("PMG"), is primarily involved in thebusiness of overseas agency for Korean artists venturing into the overseasmarket. The P Factory is an innovative marketing solutions providerspecializing in event and branded content production. PMG is a talentmanagement agency which represents and manages the careers of major artists infilm, television, commercial endorsements and branded entertainment.

StrategicBusinesses

TheCompany owns a 100% equity interest in Frame Pictures Co., Ltd. ("Frame Pictures"). Frame Pictures is a leader in the movie/dramaequipment leasing business in Korea. Established in 2014, Frame Pictures hasworked with over 25 top directors and provided the camera and lightingequipment for some of Korea's most notable drama and movie projects including ITAEWONCLASS (2020), HOW TO BUY A FRIEND (2020), KIM JI-YOUNG, BORN 1982(2019), FOUR MEN (2019) and ASADAL CHRONICLES (2019).  

Previously, Frame Pictures wasalso involved in GIRL COPS (2018), MALMOI (2018), SUITS (2018),MISTRESS (2018), LIFE (2018), LIVE (2018), MONEY FLOWER(2017), SWEET REVENGE (2017), BAD GUYS 2 (2017), THELEGEND OF THE BLUE SEA (2016) and VETERAN (2015).

We also operate a café-loungecalled Upper West, in the Gangnam district of Seoul and own a professionalphotography studio, noon pictures Co., Ltd.

Formore details, do visit https://www.spackmanentertainmentgroup.com/