Getty Images Stockholders Vote to Approve Acquisition by Hellman & Friedman

  
    
  
  
    
      Getty Images, Inc. (NYSE:GYI) announced that its stockholders voted at a 
      special meeting today to adopt the merger agreement entered into on 
      February 24, 2008 providing for the acquisition of Getty Images by 
      affiliates of the private equity firm Hellman & Friedman LLC.
    
    
      Adoption of the merger agreement was subject to two votes. Under 
      Delaware law, the merger agreement was required to be adopted by the 
      holders of a majority of the shares of the company’s 
      common stock outstanding on the record date of May 20, 2008. Holders of 
      approximately 75% of these shares voted in favor of the adoption of the 
      merger agreement, representing 96% of the votes cast.
    
    
      In addition to the vote required under Delaware law, the merger 
      agreement was required to be adopted by the holders of a majority of the 
      shares of the company’s common stock present 
      in person or by proxy and voting at the special meeting, other than 
      Getty Investments L.L.C., Mark Getty, The October 1993 Trust, Cheyne 
      Walk Trust, Ronald Family Trust B and Jonathan Klein. Holders of 
      approximately 95% of these shares voted in favor of the adoption of the 
      merger agreement.
    
    
      Under the terms of the merger agreement, Getty Images stockholders will 
      receive $34.00 in cash, without interest, for each share of Getty Images 
      common stock held at the effective time of the merger. Subject to the 
      satisfaction or waiver of customary closing conditions, the transaction 
      is anticipated to close during the week of June 30, 2008.
    
    
      About Getty Images
    
    
      Getty Images is the world’s leading creator 
      and distributor of still imagery, footage and multimedia products, as 
      well as a recognized provider of other forms of premium digital content, 
      including music. Getty Images serves business customers in more than 100 
      countries and is the first place creative and media professionals turn 
      to discover, purchase and manage images and other digital content. Its 
      award-winning photographers and imagery help customers produce inspiring 
      work which appears every day in the world’s 
      most influential newspapers, magazines, advertising campaigns, films, 
      television programs, books and Web sites. Visit Getty Images at http://www.GettyImages.com 
      to learn more about how the company is advancing the unique role of 
      digital media communications and business, and enabling creative ideas 
      to come to life.
    
    
      Forward-Looking Statements
    
    
      Some of the statements in this press release may constitute “forward-looking 
      statements” within the meaning of the Private 
      Securities Litigation Reform Act of 1995. These statements are based on 
      management’s expectations, assumptions and 
      projections about our business as of the time the statements are made. 
      These forward-looking statements are not guarantees of future 
      performance and are subject to certain risks and uncertainties that 
      could cause our actual results to differ materially from our past 
      performance and our current expectations, assumptions and projections. 
      Differences may result from actions taken by us as well as from risks 
      and uncertainties beyond our control. These risks and uncertainties 
      include, among others, (i) the occurrence of any event, change or other 
      circumstances that could give rise to the termination of the merger 
      agreement; (ii) the inability to complete the merger due to the failure 
      to satisfy conditions to completion of the merger; (iii) risks that the 
      proposed transaction disrupts current plans and operations and the 
      potential difficulties in employee retention as a result of the merger; 
      (iv) the ability to recognize the benefits of the merger; (v) the amount 
      of the costs, fees, expenses and charges related to the merger; (vi) 
      currency fluctuations; (vii) the company’s 
      ability to integrate and grow recently acquired businesses and pursue 
      new business strategies; (viii) changes in the economic, political, 
      competitive and technological environments; and (ix) system security, 
      upgrades, updates and service interruptions. The foregoing list of risks 
      and uncertainties is illustrative, but by no means exhaustive. For more 
      information on factors that may affect future performance, please review 
      the reports filed by the company with the Securities and Exchange 
      Commission, in particular the company’s Annual 
      Report on Form 10-K for the year ended December 31, 2007 and the company’s 
      Quarterly Report on Form 10-Q for the quarter ended March 31, 2008. 
      Except as required by law, the company does not intend to update or 
      revise any forward-looking statements.