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International Entertainment News

Wednesday, May 25, 2005

Milagro Entertainment Acquires Movie Script

Milagro Entertainment Acquires Movie Script

LAS VEGAS, May 25 /PRNewswire-FirstCall/ -- Milagro Entertainment, Inc., a wholly owned subsidiary of Milagro Holdings, Inc. (MLGH) is pleased to announce that it has acquired the rights to the completed Movie Script "Prince Charming" from Screenplay writer Phaylen Abdullah.

"This is the continuance of a well developed plan for Milagro in building assets that will ultimately be the platform that will give Milagro a strong foothold within the Film and Television Industry. I believe that this Script is very timely as the Script is a Comedic Satire based upon the Reality Television craze and I believe has all the elements to become a successful Motion Picture," said CEO Stephen Brown.

About Milagro Entertainment, Inc.

Milagro Entertainment, Inc. is dedicated to producing quality product for Television and Film. Milagro Entertainment is constantly seeking out new projects while developing existing projects and leveraging rights to literary and real-life adaptations.

This press release does in no way constitute a reason to purchase the stock of MLGH as the company cannot predict the outcome to be a success.

Forward-looking statements and comments in this press release are made pursuant to the safe harbor provisions of the Securities and Exchange Act of 1934. Such statements relating to, among other things, the prospects for the companies to complete the transactions and enhance the operating results, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These risks may be further discussed in periodic reports and registration statements to be filed by the company from time to time with the Securities and Exchange Commission in the future.

Source: Milagro Entertainment, Inc.

CONTACT: Stephen Brown of Milagro Entertainment, +1-702-614-6565, or
sbrown@milagroent.com

Web site: http://www.milagroholdings.com/

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