Virgin Comics Collaboration

UTV Motion Pictures PLC
10 August 2007


                                                                  10 August 2007

UTV MOTION PICTURES PLC & VIRGIN COMICS FORM PARTNERSHIP TO CREATE NEW INDIAN
SUPERHEROES

UTV Motion Pictures Plc (AIM: UTVM), through its movie production brand SpotBoy,
and Virgin Comics, an entertainment division of Sir Richard Branson's Virgin
Group, announced today that they are entering into a collaboration to create
four original superhero franchises. These new stories will be leveraged across
publishing, film, animation and gaming.

Aimed at India's 550 Million teenagers as well as the growing worldwide
fascination with superhero characters, the new collaboration intends to create
new entertainment characters that are rooted in an Indian ideology and borne
from the minds of the country's leading writers and artists. According to a
recent Hollywood study, films based on comic books earn more on average than
films based on any other source material, averaging $215 Million per film
worldwide.

Virgin Comics' CEO, Sharad Devarajan commented: "In the same way the West
created an age of heroes wearing capes and tights, our goal with UTV Motion
Pictures is to redefine the archetype of the superhero and infuse a new
sensibility that relates to today's Indian youth. Virgin's studio of leading
Indian artists and writers have already created comics that are being published
worldwide and turned into films, games and animation. This new relationship with
UTV Motion Pictures is a perfect extension of what we do best and we are
thrilled to be working with Ronnie and his team."

Ronnie Screwvala, Chairman of UTV Motion Pictures Plc said: "Virgin Comics is an
ideal partner as we look to develop new content in the character entertainment
space. Their expertise and global resources will allow us to create superheroes
that touch the hearts of audiences worldwide."

"For too long, western superheroes have dominated the stage, but in India, the
original mythic characters were born and we are now ready for a re-launch of
larger than life heroes that will reflect the ancestral ethos of the region from
which they spawn. We expect this partnership with UTV Motion Pictures to launch
a whole new universe of heroes and I couldn't be more excited," commented Gotham
Chopra, Virgin Comics Chief Creative Officer.

The new stories, will be co-created and co-owned by Virgin and UTV Motion
Pictures and will initially be released as graphic novels to be published
worldwide by Virgin. The collaboration anticipates the first comic books will be
released by the end of 2007.

Suresh Seetharaman, President of Virgin Comics and Vikas Bahl of UTVM, will be
managing the partnership and supervising the creative development.

"At UTV Motion Pictures we want to capture the imagination of audiences from all
dimensions and mediums. So when we will create stories for all mediums the
creative is bound to take a leap." added Vikas, "Our characters will exist in
every creative form."

"It's time for a new wave of Indian superheroes to fuel the imaginations and
foster the inspirations of the next generation of global kids and teens,"
commented Mr. Seetharaman.



ENDS



CONTACTS


UTV  Motion Pictures Plc                                [phone]
Siddharth Kapur - Chief Operating Officer

Grant Thornton - Nominated Adviser                      [phone]
Fiona Owen

Jermyn Capital Partners Plc - Broker                    [phone]
Dharmesh Doshi / Mehmet Ahmed

Bankside - Financial PR                                 [phone]
Simon Bloomfield / Andy Harris


About Virgin Comics

Virgin Comics is a character entertainment company creating original stories and
epic myths for worldwide audiences.  The company was founded in November 2005 by
Sir Richard Branson and Virgin Enterprises Ltd., alongside author Deepak Chopra,
filmmaker Shekhar Kapur and entrepreneurs Sharad Devarajan, Gotham Chopra and
Suresh Seetharaman. Virgin is developing new stories with acclaimed filmmakers,
actors and musicians including John Woo, Guy Ritchie, Terry Gilliam, Dave
Stewart, Ed Burns, Nicolas Cage, Duran Duran, Sachin Tendulkar and others.
Feature films based on Virgin Comics' characters are also in the works,
including an animated feature The Secrets of the Seven Sounds and theatrical
live action feature films, The Sadhu in development with actor Nicolas Cage as
well as Gamekeeper in development with Warner Bros. Virgin Comics has also
formed a strategic partnerships with NBC-Universal to create new science fiction
properties for graphic novels and television. Similarly in India, Virgin Comics
recently established a partnership with Studio 18 to pioneer the Indian "
teen-horror" genre in publishing, television, film and games.
www.VirginComics.com


About UTV Motion Pictures

Having become a strong player in Indian & International cinema with the success
of movies like Rang De Basanti, Khosla Ka Ghosla, Metro, The Namesake & I Think
I Love My Wife, along with international tie-ups such as a two movie deal with
Will Smith's company & Night Shyamalan's The Happening, the Company announced
its second motion picture brand SPOTBOY in May 2007, to coincide with the
Company entering new markets within India and developing internationally.
SPOTBOY will take over some existing projects but will largely develop its own
fresh content. This would provide the Company with range and flexibility at the
same time help bring diverse projects within the same studio through different
brands. Further information about the Company is available at
www.utvmotionpictures.com


About UTV Software Communications Ltd

UTV Software Communications Ltd. is India's foremost Media & Entertainment
Company with leading positions in four sectors including Motion Pictures,
Broadcasting, TV Content and Interactive (i.e. Animation and Gaming) and is
listed on the Mumbai Stock Exchange. Walt Disney Inc holds a strategic stake in
UTV. It has subsidiaries with offices across India, the UK and USA and is the
parent company of UTV Motion Pictures plc. More information on the group is
available at www.utvnet.com


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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