Prospectus, Trading Update and Posting of R&A

Entertainment One Ltd

Publication of Prospectus, Trading Update and Posting of Annual Report

Further to the announcement released on 4 June 2010 Entertainment One Ltd. (AIM:ETO, the "Company" or "Group") is pleased to announce that the UK Listing Authority has approved a prospectus in relation to the admittance of the common shares of Entertainment One Ltd., the newly incorporated proposed ultimate holding company of the Group ("Entertainment One Canada"), to a standard listing on the Official List and to trading on the London Stock Exchange's main market for listed securities (together "Admission").

Admission remains subject to the Company's ordinary shareholders approving a proposed scheme of arrangement (the "Scheme") that would change the place of incorporation of the Group's ultimate holding company from the Cayman Islands to Canada through an exchange of all ordinary shares in the Company for an equal number of common shares in the Canadian incorporated Entertainment One Canada.

On 4 June 2010, the Company gave notice of a meeting of the ordinary shareholders to be held at 3pm BST on 28 June 2010 at the offices of Mayer Brown International LLP, 201 Bishopsgate, London, EC2M 3AF, United Kingdom. If shareholder approval is received and the Scheme becomes effective, Admission is expected to occur at 8.00am BST on 15 July 2010.

As disclosed within the prospectus, trading in the first two months of the current financial year has been in line with management expectations. The Directors are confident that the positive momentum in the business will continue.

The prospectus also includes a full transcript of the Group's Annual Report and Accounts for the year ended 31 March 2010, which is in the process of being sent to shareholders.

The prospectus will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at Financial Services Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS. In addition, the prospectus will be available to view on the Company's website (www.entertainmentonegroup.com) and will be available for inspection at the offices of Mayer Brown International LLP, 201 Bishopsgate, London EC2M 3AF. 

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About Entertainment One

Entertainment One (AIM: ETO) is a leading international independent entertainment group of companies that specialises in the acquisition, production and distribution of film and television content. The Group's comprehensive network extends around the globe including Canada, the U.S., the UK, Ireland, the Benelux, France, Australia and New Zealand. Through established Entertainment and Distribution divisions, the company provides extensive expertise in film distribution, television and music production, kids programming and merchandising and licensing. Its current rights library is exploited across all media formats and includes more than 20,000 film and television titles, 2,400 hours of television programming and 45,000 music tracks.