Freston Joins DreamWorks Animation Board

GLENDALE, September 25: Former Viacom chief Tom Freston has
been elected to the Board of Directors at DreamWorks Animation.

Freston was ousted from his role as president and CEO of
Viacom last year after several years of building MTV Networks into a global
entity reaching more than 400 million households in 160-plus countries.

"Tom is a tremendous addition to our distinguished
Board of Directors and I'm pleased to welcome him to DreamWorks
Animation," said Jeffrey Katzenberg, CEO of DreamWorks Animation.
"His wealth of leadership experience in the entertainment industry will
serve the Company well."

"I am excited to join the Board of such a dynamic and
creative family entertainment company," said Freston. "I look forward
to working closely with the whole team at DreamWorks Animation as it enters the
next phase of its bright future."