Network To Launch Into Cyberspace October 25; Company Intends to Capitalize on Strong Brand Appeal

Los Angeles, California, UNITED STATES

Los Angeles, October 20, 1999 (PRIMEZONE) - J2/National Lampoon (Nasdaq:JTWO) today announced the October 25 grand launch of its new comedy network,

"We're right on track with our fall launch," said J2/National Lampoon Chairman and CEO James P. Jimirro. "I'm thrilled that the world will be able to experience the depth and breadth of comedy talent and programming on We think we have the funniest and edgiest comedy anywhere on the World Wide Web - or in the larger world of television and movies."

The interactive network, located at features new National Lampoon creations, such as interactive games like the Fantasy Losers League, and series, like Cybercops, along with classic Lampoon-style daily news updates and National Lampoon merchandise.

About J2/National Lampoon

Based in Los Angeles, CA, J2 Communications, which owns National Lampoon, is an Internet-based entertainment company. The Company is creating an interactive comedy network on its website The site will contain hilarious new characters, stories and features as well as entertainment classics from the national Lampoon archives. The Company plans to sell related merchandise and advertising space on the site to supplement its current revenue base of licensing agreements.

Certain of the above statements may be forward looking statements that involve risks and uncertainties. In such instances, actual results could differ materially as a result of a variety of factors, including competitive developments and risk factors listed from time to time in the company's SEC reports.