IM Internationalmedia AG / Legal Matter 15.05.2008 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Munich / Los Angeles May 15, 2008 Intermedia Film Equities Ltd, an Internationalmedia Group company, issued a guarantee for certain liabilities of its former affiliated company IM Stopping Power GmbH, especially vis-à-vis the actor John Cusack and Cusack Enterprise Ltd. Cusack informed the Company through his lawyers on May 15, 2008, that he will bring claims against IM Stopping Power GmbH and Intermedia Film Equities Ltd. in the amount of round 5.6 million USD on the basis of the agreements made. Furthermore, Cusack and Cusack Enterprise Ltd. have announced to seek recourse also against IM Internationalmedia AG in its capacity as former shareholder of IM Stopping Power GmbH (which is currently in insolvency proceedings) and as parent company of Intermedia Film Equities Ltd. As the Company already communicated on September 17, 2007, IM Stopping Power GmbH has been sold and transferred to R Media Acquisitions LLC. Besides the purchase of all shares, R Media Acquisitions LLC also undertook to assume all liabilities resulting from the production of the film STOPPING POWER. In case claims are brought by creditors of IM Stopping Power GmbH and the IM Stopping Power production, respectively, IM Internationalmedia AG can seek to be indemnified by R Media Acquisitions LLC. The Company continues to expect that R Media Acquisitions LLC will fulfil its obligations under the agreements made and that therefore, drawing upon the Company can be avoided. Contact IM Internationalmedia AG Investor Relations Fon: +49 (89) 98 107 100 Fax: +49 (89) 98 107 199 E-Mail: info@internationalmedia.de DGAP 15.05.2008 --------------------------------------------------------------------------- Language: English Issuer: IM Internationalmedia AG Kaulbachstrasse 1 80539 München Deutschland Phone: +49 (0)89 98107-100 Fax: +49 (0)89 98107-199 E-mail: info@internationalmedia.de Internet: www.internationalmedia.de ISIN: DE000A0STYJ1 WKN: A0STYJ Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart, München, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: IM Internationalmedia AG: John Cusack brings claim against IM Stopping Power GmbH and Intermedia Film Equities Ltd.
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