DIC, AOL in TV, Online Partnership

BURBANK/DULLES, June 21: AOL Kids’ KOL service is working
with DIC Entertainment to co-produce a children’s programming block that is launching
on CBS this fall.

KOL's Saturday Morning Secret Slumber Party on CBS launches September 16. KOL and DIC will co-produce
programming for the 2006 broadcast season, including the new television series Dance
Revolution, inspired by Konami's hit video
game franchise Dance Dance Revolution (DDR). The new dance competition series will be hosted by Radio KOL DJ
Rick Adams.

DIC and KOL are also now in development on programs for the
2007 season, and they will work together to develop online and on-air
co-production initiatives in conjunction with the block. A website is planned
to turn the block into an interactive experience for kids, and KOL will offer
online exclusives such as games and behind-the-scenes videos. KOL will also
create Public Service Announcements on healthy eating, to air during the block
and online, utilizing KOL's popular original animated character Princess
Natasha.

"With AOL's expertise in developing online programming
and our success in building brands such as Princess Natasha and Radio KOL, appealing to millions of kids, we are
confident that this landmark partnership with DIC will be a tremendous
success," said Malcolm Bird, the SVP of AOL Kids & Teens. "Once
again, AOL is leading the industry by building another initiative that taps the
power of television and the online medium to ultimately grow a larger audience
across both platforms."

"Kids today continue to expand their entertainment
options beyond television, and our new partnership with KOL will provide us
with a tremendous opportunity to reach kids through the launch of the new
Saturday morning programming block on CBS as well as through KOL's growing
online destination," notes Andy Heyward, the chairman and CEO of DIC
Entertainment. "We are thrilled to work with KOL to co-produce innovative
programming and to create a unique cross-promotional program that will drive
kids online; increase on-air viewership and provide our clients with an
effective way to reach kids in a progressive safe environment."