Peace Arch Entertainment CEO Signs New Multiyear Contract

TORONTO, September 13:
Gary Howsam has signed a new multiyear agreement to remain in his current role
as CEO of Peace Arch Entertainment, effective through September 2009.

Since
joining Peace Arch in December 2002, Howsam has managed the company’s expansion
from a small production company to a high-growth emerging leader in the global
entertainment sector, creating critically acclaimed television, film and DVD
content for worldwide distribution. Peace Arch’s strong performance in
production, acquisition and sales during the last five years has resulted in
its ten-fold increase in revenue, one hundred-fold increase in market value,
and ten-fold increase in share value.

Howsam
has spent 20 years in the entertainment industry. He founded Greenlight Film
and Television, an independent production partnership comprised of
international filmmakers and financiers. He also served as chairman and CEO of
Greenlight Communications, overseeing that independent studio’s entertainment
and education divisions. Howsam also served as founding partner and CEO of Producers
Group International, an international communications company offering
television and film production and distribution services.

Peace
Arch Entertainment’s current lineup of feature films and long-form television
programming includes the powerful ensemble drama Winged Creatures, now in post-production, starring Kate Beckinsale,
and Academy Award-winners Forest Whitaker and Jennifer Hudson; the film satire The
Deal from the best-selling Peter
Lefcourt novel, with a cast that includes Academy Award-nominee William H.
Macy, Meg Ryan, LL Cool J and Elliott Gould, currently in post-production; as
well as the Showtime ten-part television event mini-series The Tudors starring Golden Globe Award-winning actor Jonathan
Rhys Meyers, which premiered to record audiences in the U.S. in April.

Other
titles in Peace Arch’s growing lineup include the award-winning comedy Delirious from director Tom DiCillo, starring Steve Buscemi,
Gina Gershon and Elvis Costello, and the drama Chapter 27, starring Jared Leto and Lindsay Lohan, which,
like Delirious, had its
premiere at the 2007 Sundance Film Festival; and the romantic comedy Watching
the Detectives starring Lucy Liu
and Cillian Murphy, which premiered at the 2007 Tribeca Film Festival.

“Over
the past five years I have worked closely with our exceptional management team
to ensure that Peace Arch continues to provide shareholders with a high-growth
investment opportunity,” commented Howsam. “I look forward to continuing in
that tradition and believe that we are just starting to see the true potential
of Peace Arch as a dominant force in the entertainment industry with a robust
production pipeline and long-term license agreements with major studio and
distribution partners. It will be my personal mission to work towards achieving
ever higher levels of performance in all aspects of the Company’s operations.”