Hollywood Studios International CEO visits with His Highness Sheikh Majid Bin Mohammed bin Rashid al Maktoum in Dubai

May 31, 2006 (Dubai, UAE) - Hollywood Studios International CEO Sir Steven Saxton recently met with His Highness Sheikh Majid Bin Mohammed bin Rashid al Maktoum, son of His Highness Sheikh Mohammed bin Rashid Saeed al Maktoum, the visionary Ruler of Dubai, Vice President and Prime Minister of the United Arab Emirates in Dubai. Saxton is currently in Dubai structuring an initial $50 million private placement in the GCC region and planning the logistics of launching Hollywood Studios International in Dubai’s free zone. Saxton viewed the new Dubai Studio City facilities (currently under construction) and also began location scouting and development for the slate of films Hollywood Studios International plans to produce in the region.

"His Highness Sheikh Majid was a charismatic and gracious host.  I look forward to continuing this relationship as we build our company in Dubai" said Saxton.

This meeting followed Saxton's announcement of Dr. Mohammed Samir as the company's Executive Director, Dubai.  Dr. Samir also works with His Highness Sheikh Majid. 

His Highness Sheikh Majid Bin Mohammed bin Rashid al Maktoum is the son of His Highness Sheikh Mohammed bin Rashid Saeed al Maktoum, the visionary Ruler of Dubai, Vice President and Prime Minister of the United Arab Emirates in Dubai.

Sheikh Majid is currently following in his father's footsteps by studying in the United Kingdom.  He will soon graduate from the prestigious Sandhurst Royal Military Academy.  He is an all-arounder in sports with football (soccer) being his favorite and has a world ranking in the World Horse Endurance Race.  Sheikh Majid is Chairman of the soccer club Al Wasl and Patron of the Dubai Balloon Festival, part of the world famous Dubai Shopping Festival.

About Dubai, United Arab Emirates:

Dubai is currently the fastest growing city in the world, with over $300 billion of current developments, including 300 hotels, 84 towers, and what will be the tallest tower in the world. The city is also home to Burj Al Arab, the world’s most luxurious hotel, and is currently developing 'The Palm, Jumeirah,' a palm tree shaped island billed as the 'Eighth Wonder of the World.'  Leading international companies in the free zone of Dubai include Microsoft, Oracle, IBM, HP, MBC, Reuters, CNN and CNBC.

The city has put a strong focus on the growth of its entertainment industry through completion of Dubai Media City and the current construction of Dubai Studio City. Today there are more than 120 channels operated by 40 broadcast companies based in Dubai Media City; Dubai Studio City will offer a complete technical and community infrastructure for the film, TV, and music production industries.

About Hollywood Studios International

Hollywood Studios International (OTC: HYWS) ( www.hsifilms.com / www.artistint.com), a publicly traded entertainment holding company, exists to create award-winning entertainment which succeeds both artistically and commercially through the inherent synergies of combining elements of a traditional studio system with the structure of artist management. Current subsidiaries and divisions include Artist International Management, Doc Hollywood Kidz, Doc Hollywood Records, and Bop City Records. The Company recently signed a letter of intent to acquire controlling interest in a feature film production/international distribution company currently with $100 million in annual productions. Due to a non-disclosure agreement, the Company cannot publicly disclose any further information regarding this transaction.

Forward-Looking Statements:

This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although Hollywood Studios International believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by the Company or any other person that the objective and plans of the Company will be achieved.

Contact:
Steven Saxton
press@hsifilms.com
(310) 358-9007