Last Day to Qualify for Raven Moon's 100 for 1 Warrant Dividend With a 7 Day Grace Period for Payment

Last Day to Qualify for Raven Moon's 100 for 1 Warrant Dividend With a 7 Day Grace Period for Payment

Company Gives Christmas Bonus and Waives $25 Processing Fee and Adds 7 Days for Payment

Shareholders Who Have Paid the Fee Will Receive a Refund

The 100 for 1 Warrants Must Be Paid for by January 7, 2006 To Qualify for Additional Shares From The Company's 5-for-1 Forward Split

ORLANDO, Fla., Dec. 29 /PRNewswire-FirstCall/ -- Raven Moon Entertainment, Inc. (BULLETIN BOARD: RVMN) announced today that because of the holidays, the New York transit strike and the back-up of FEDEX, DHL and UPS to make over night deliveries on time, a 7 day grace period has been established for payment of warrants by the company's Board of Directors. The company also has waived the $25 processing fee as a Christmas Bonus to its shareholders. Shareholders who received the company's 100-for-1 warrant dividend and choose to exercise them must pay for them by January 7, 2006. The company will also refund any fees that have already been paid in by shareholders who have already exercised their warrants.

December 31, 2005 is also the record date for the company's 5-for-1 forward split, with a pay date on January 30, 2006. "However, shareholders who exercise their warrants to purchase restricted shares and pay for them by January 7, 2006, will be eligible for the 5-for-1 forward split. Because the record date of the forward split is also the exercise deadline, warrants exercised at the $0.0015 exercise price will have the effect of one-fifth that price," said Joey DiFrancesco, Chairman and CEO of Raven Moon.

Instructions for exercising warrants

If your account is with a broker and you have not received a physical warrant, have the broker send a letter to Raven Moon Entertainment, 120 International Parkway, Suite 220, Heathrow, FL 32746 verifying the number of shares you owned in your account as of September 30, 2005. Indicate the number of warrants you would like to exercise at $0.0015 per share and enclose a check payable to Raven Moon Entertainment for the number of warrants you are exercising with no processing fee required.

If you have received a physical warrant from the company, fill it out and indicate the number of warrants you wish to exercise at $0.0015 each, sign it and send a check for the number of warrants with no processing fee required to Raven Moon Entertainment. Upon receipt, the company will authorize the transfer agent to issue shares to you.

Information on the 5-for-1 Forward Split

The company announced a forward stock split on a 5-for-1 share basis. The record date for the forward split is December 31, 2005. The pay date is January 30, 2006.

As a result of the forward stock split, every one outstanding share of the company's common stock will be exchanged for five (5) new shares of common stock. Common stockholders are not required to take any action related to the forward split.

About Raven Moon Entertainment, Inc.

Raven Moon Entertainment, inc. is involved with the production of family entertainment programs for television, VHS tapes, DVDs, music CDs and related toys. Raven Moon has produced 24 episodes of Gina D's Kids Club(R), which started airing in September 2004 and is currently carried on 227 television stations nationwide. In November 2005, the company signed an exclusive agreement with public television station WPBT-Miami to offer the programs through American Public Television (APT) to public stations across the country for a June 2006 launch.

For more information on Raven Moon Entertainment and Gina D's Kids Club(R), visit http://www.ravenmoon.net/ or http://www.ginadskidsclub.com/ .

Safe Harbor Statement

This release may contain forward-looking statements that involve risks and uncertainties, including without limitation, acceptance of the company's products, increased levels of competition, product and technological changes, the company's dependence upon financing and third-party suppliers, and other risks detailed from time to time in the company's federal filings, annual reports, offering memorandum, or prospectus. Specifications are subject to change without notice. Raven Moon Entertainment assumes no obligation to update any forward-looking statements.

Contact: Carol Merry
Fahlgren Mortine Investor Relations
Phone: 614-825-1750
Email: carol.merry@fahlgren.com

Source: Raven Moon Entertainment, Inc.

CONTACT: Carol Merry of Fahlgren Mortine Investor Relations,
+1-614-825-1750, or carol.merry@fahlgren.com, for Raven Moon

Web site: http://www.ravenmoon.net/
http://www.ginadskidsclub.com/

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