Statement From Harry E. Sloan, Chairman and CEO, Metro-Goldwyn-Mayer Studios Inc.

Statement From Harry E. Sloan, Chairman and CEO, Metro-Goldwyn-Mayer Studios Inc.

LOS ANGELES, Aug. 14 /PRNewswire/ -- After reading erroneous reports about Tom Cruise and United Artists, I would like to clarify that we are honored that he will continue as our full partner in control of UA. He is in the middle of one of the greatest careers our industry has ever seen and one that will continue at the top of United Artists Entertainment.

Contact:
Jeff Pryor
Executive Vice President/Corporate Communications
MGM
(310) 449-3446

(Logo: http://www.newscom.com/cgi-bin/prnh/20011119/MGMLOGO)

First Call Analyst:
FCMN Contact:

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20011119/MGMLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: Metro-Goldwyn-Mayer Inc.

CONTACT: Jeff Pryor, Executive Vice President-Corporate Communications
of MGM, +1-310-449-3446

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

-------
Profile: intent