DreamWorks Animation Announces New Cast Members for 2010 Fall Release, Oobermind

DreamWorks Animation Announces New Cast Members for 2010 Fall Release, Oobermind

Will Ferrell, Brad Pitt and Jonah Hill To Join Tina Fey

GLENDALE, Calif., Aug. 17 /PRNewswire-FirstCall/ -- DreamWorks Animation SKG, Inc. (NASDAQ:DWA) announced today that Will Ferrell, Brad Pitt and Jonah Hill will star alongside Tina Fey in its upcoming theatrical release, Oobermind, which is scheduled to hit theaters on November 5, 2010. Will Ferrell assumes the leading role of Oobermind, replacing Robert Downey, Jr., who has left the production due to scheduling conflicts.

(Photo: http://www.newscom.com/cgi-bin/prnh/20090817/LA62083)

When super villain Oobermind (Will Ferrell) defeats his archrival Metro Man (Brad Pitt), the world should be his oyster. But instead, Oobermind falls into total despair. It turns out that life without a rival is life without a point for him. So, he creates a new superhero rival, Titan (Jonah Hill). Unfortunately, the new hero wants to be a super villain, too. Caught in the middle, star reporter Roxanne Ritchi (Tina Fey) asks the tough questions: Who can we turn to? Who has what it takes to stand up to this menace? Who will defend the innocent? Oobermind! That's who.

"We are thrilled to welcome Will, Brad and Jonah to Oobermind," said Bill Damaschke, Co-President of Production & President of Live Theatrical for DreamWorks Animation. "Together, our all-star cast will set the comedic tone for this exciting new twist on the superhero genre."

Oobermind is being directed by Tom McGrath (Madagascar, Madagascar: Escape 2 Africa) and produced by Lara Breay and Denise Nolan Cascino.

About DreamWorks Animation SKG

DreamWorks Animation is principally devoted to developing and producing computer generated, or CG, animated feature films. With world-class creative talent, a strong and experienced management team and advanced CG filmmaking technology and techniques, DreamWorks Animation makes high quality CG animated films meant for a broad movie-going audience. The Company has theatrically released a total of eighteen animated feature films, including Shrek, Shrek 2, Shark Tale, Madagascar, Over the Hedge, Shrek the Third, Bee Movie, Kung Fu Panda, Madagascar: Escape 2 Africa and Monsters vs. Aliens. All of the Company's feature films are now being produced in stereoscopic 3D technology.

Caution Concerning Forward-Looking Statements

This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company's plans, prospects, strategies, proposals and our beliefs and expectations concerning performance of our current and future releases and anticipated talent, directors and storyline for our upcoming films and other projects, constitute forward-looking statements. These statements are based on current expectations, estimates, forecasts and projections about the industry in which we operate and management's beliefs and assumptions. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and other risks and uncertainties affecting the operation of the business of DreamWorks Animation SKG, Inc. These risks and uncertainties include: audience acceptance of our film and other projects, our dependence on the success of a limited number of releases each year, the increasing cost of producing and marketing feature films, piracy of motion pictures, resource constraints resulting from our expanding number of films and other projects, the effect of rapid technological change or alternative forms of entertainment and our need to protect our proprietary technology and enhance or develop new technology. In addition, due to the uncertainties and risks involved in the development and production of our projects, the release dates described in this document may be delayed. For a further list and description of such risks and uncertainties, see the reports filed by us with the Securities and Exchange Commission, including our most recent annual report on Form 10-K and our most recent quarterly reports on Form 10-Q. DreamWorks Animation is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, changes in assumptions or otherwise.

Photo: http://www.newscom.com/cgi-bin/prnh/20090817/LA62083
http://photoarchive.ap.org/
AP PhotoExpress Network: PRN1
PRN Photo Desk, photodesk@prnewswire.com
Source: DreamWorks Animation SKG, Inc.

CONTACT: Publicity, Jeff Hare, +1-818-695-6055,
Jeff.Hare@dreamworks.com, or Corporate Communications, Shannon Olivas,
+1-818-695-3658, Shannon.Olivas@dreamworks.com, both of DreamWorks Animation
SKG, Inc.

Web Site: http://www.dreamworksanimation.com/

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