Panavision Enters Into Agreement to Acquire AFM Group

Panavision Enters Into Agreement to Acquire AFM Group

WOODLAND HILLS, California, November 7/PRNewswire/ --

Panavision Inc., the worldwide market leader in the design, manufacture
and rental of camera systems for production of motion pictures, television
and commercials, announced that it had entered into a definitive agreement to
acquire the AFM Group, including its lighting, camera and studio rental
operations. Panavision and AFM expect the acquisition to be completed in the
next several months.

About Panavision:

Founded in 1954, Panavision Inc. is a leading designer and manufacturer
of high-precision camera systems, including both film and digital cameras,
and lenses and accessories for the motion picture and television industries.
Panavision systems are rented through its domestic and internationally owned
and operated facilities and distributor network. Panavision also supplies
lighting, grip and crane equipment for use by motion picture and television
productions.

About AFM:

Incorporated in 1988, AFM Group Ltd (AFM), through its specialists
brands, provides lighting, camera and studio rental facilities to the film,
television and photographic production industries. AFM has operations in
London, Prague, Cape Town, Johannesburg and Sydney.

Source: Panavision Inc.

Suzanne Lezotte of Panavision, Voice: +1-818-316-2233, Cell: +1-818-427-0116, Suzanne_lezotte@panavision.com

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