DQE.L Regulatory News (DQE)

DQ Entertainment plc

("DQE" or the "Company")

Casper The Friendly Ghost goes into Season 2

DQ Entertainment plc, a global animation, gaming and live action entertainment production and distribution company, is pleased to announce the signing of a co-production agreement for the second season of 'Casper's Scare School' in high-end 3D animated CGI format at MIPCOM 2010, Cannes. 

The co-production between DQE, MoonScoop group, France and Classic Media, USA will have a global budget of approximately Euro 7 million. Production of the second series is scheduled to start later this month.

Casper has become one of the most famous properties with global recognition for DQE. Season one, which premiered in Canada on YTV in January 2009, was a huge success and has since been broadcast on Viacom18's kids channel, Nick, and also across the entire South Asia and Sun TV networks kids channel, Chutti TV in November 2009. TF1 the leading French broadcaster and Cartoon Network, US are already committed to broadcasting the second season and Cartoon Network US is expected to launch the second season by Halloween 2011.

Tapaas Chakravarti, Chairman & CEO of DQE Group commented:

"We are extremely happy to collaborate again with Moonscoop, for the co-production of this iconic property, Casper Scare School. The first season was a huge success and we expect to carry this momentum into the second season."

Christophe Bourdil, CEO Moonscoop, commeneted:

"After the successful first season of Casper, associating ourselves with our long standing partner DQ Entertainment on the second season of Casper Scare School is logical for us. We are extremely pleased with the partnership and hope to produce a great second season together featuring the friendly ghost to delight children the world over"

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