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International Entertainment News

Sunday, July 29, 2007

'Hollywood China' Entertainment Project Slated for Shanghai

'Hollywood China' Entertainment Project Slated for Shanghai

HOLLYWOOD, California, July 30/PRNewswire/ --

Shanghai Film Group Corporation (SFG) and Nations Trust Ltd. have signed
a five year JV "Cooperation" Agreement for what may become the entertainment
"sweetheart deal" of the decade in China. SFG's vision to become a
world-class studio has expanded to include Hollywood co-production, a movie
theme park and leisure entertainment properties. The Agreement, signed on
Valentines Day, February 14, 2007 by SFG President, Ren Zhonglun has been
under wraps awaiting Nations Trust Ltd.'s announcement (this week) of US$800M
in funding commitments for what is now being termed "Hollywood China
Studios."

Recent meetings orchestrated by Nations Trust Ltd. with SFG executives in
Hollywood included feature film producers/directors, a major Hollywood movie
studio, international film distributor, and an international theme park
developer (to be announced). This alliance of Hollywood notables working with
SFG is a "golden opportunity" for investors in China's burgeoning film and
entertainment industry.

SFG, one of China's largest film groups, is composed of Shanghai Film
Studio, Animation, Dubbing and Documentary Studios, and Film Technology
Plant. SFG owns 5 large film production enterprises, a large shooting base,
14 TV Series Productions, and the largest cinema circuit, with 75 cinemas and
198 screens topping the list in China. SFG also recently acquired the Warner
Brothers Cinemas in Shanghai.

The JV Cooperation plans to develop SFG properties through three distinct
projects: Phase I, redevelopment of SFG's studio back lot "Old Nanjing Road"
Movie Set (circa 1949) will be transformed into "Shanghai Nights" enchanting
"city walk" entertainment complex. Phase II, "the construction of the film
and television shooting base, the construction of the film post-production
base, theatre complexes, film and TV co-productions, CG animations,
international distribution of films and TV series, entertainment and leisure
projects," Phase III, a major Movie Theme Park incorporating 4D technologies
for what will be the first "East meets West" state-of-the-art theme park
development in Asia.

Nations Trust Ltd. has worked seven years to develop the "Hollywood China
Studio" and Movie Theme Park concept. Nations Trust Ltd. "Risk Mitigation
Structured Finance" (c. 2002), incorporating the principles of Alternative
Risk Transfer (ART) underwrites the downside of foreign markets as an added
benefit to investors. Lender's Indemnity coverage will be put in place
through major Underwriters in Europe.

Over five years, the project is estimated to require US$1.5 Billion. SFG,
who presently owns the Crown Plaza Hotel in Shanghai, anticipates Nations
Trust Ltd. raising additional funds to build a world class "Hotel and
Galleria" within the "Shanghai Nights" complex.

"Nations Trust China Holdings Ltd." (SPV), a wholly owned subsidiary
established to manage this project, holds rights to 75% of the shares in the
Hollywood China JV and is offering equity participation to interested
investors. With the coming Olympics and Shanghai World Expo, "Sponsorship" is
also being offered to companies seeking exposure in China. Bona fide parties
may contact Nations Trust Ltd. at london@nationstrustltd.com or
us@nationstrustltd.com to receive a prospectus.

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


Source: Nations Trust Ltd.

Nations Trust Ltd., +1-623-298-2089, london@nationstrustltd.com or us@nationstrustltd.com


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