Significant Event: Michael Garstin, Former CFO of Orion Pictures, and Former Head of Media and Entertainment at Bear Stearns, Appointed President and Executive Managing Director of Seven Arts

HOLLYWOOD, Calif. & LONDON--(BUSINESS WIRE)--Feature film producer and distributor Seven Arts Pictures plc (the Company) (OTCBB:SAPXF) (PLUS:SAPP), is pleased to announce the appointment of Michael Garstin as executive Managing Director and President of the Group as of 1 July 2008.

Michael began his career as a Lending Officer at Chase Manhattan Bank, then joined Filmways Corp., later renamed Orion Pictures, as a Board Director and Chief Financial Officer. Subsequently, he returned to Wall Street and worked as a Senior Managing Director and Head of the Media & Entertainment Group at Bear Stearns & Co., during which time he provided advice to and helped raise capital for a number of independent film companies including Carolco Pictures, on whose Board of Directors he served on for a number of years. Michael is well known and respected in financial circles for his understanding of motion picture financing and accounting.

Michael Garstin commented, "I am very excited to have the opportunity to join Seven Arts Pictures at this stage of its development. I believe that Seven Arts has the opportunity to consolidate its position as a one of the leading profitable independent film production and distribution companies in the business and I look forward to assisting my friend and former Carolco Board Member and CEO, Peter Hoffman, as well as his talented team, in achieving this goal.”

Peter Hoffman, CEO of Seven Arts, said about the appointment, “It is a great pleasure to bring Michael’s expertise in the world of finance and motion picture accounting to our company. I have known Michael for more than 20 years and worked with him on many transactions. There is no more knowledgeable and experienced executive in our business.”

About Seven Arts:

Seven Arts Pictures plc (“SAP”, “7 Arts” or the “Company”) was founded in 2002 as an independent motion picture production and distribution company engaged in the development, acquisition, financing, production, and licensing of theatrical motion pictures for exhibition in domestic (i.e. the United States and Canada) and foreign theatrical markets, and for subsequent worldwide release in other forms of media, including home video and pay and free television.

Cautionary Information Regarding Forward-Looking Statements:

Included in this news release and other information that we make publicly available from time to time are forward-looking management comments and other statements that reflect management's current outlook for future periods. These statements include, among others, statements regarding the anticipated benefits from the development, production, or acquisition of new film projects as well as anticipated revenue from other sources and which may be critical to the overall revenue and profits of the Company.

These statements and expectations are based on currently available competitive, financial and economic data along with our operating plans, and are subject to future events and uncertainties that could cause anticipated events not to occur or actual results to differ materially from historical or anticipated results. Among the events or uncertainties which could adversely affect future periods are: changes in legal contingencies; issues surrounding labor disputes with unions such as the Screen Actors Guild, the Director’s Guild, and the Writer’s Guild; our use of estimates and assumptions; and the concentration of our capital stock ownership. The forward-looking statements in this news release should be read in conjunction with the more detailed descriptions of the risk factors located in our Registration Statement filed with the United States Securities and Exchange Commission as amended on Form 20-F (annual report pursuant to Section 13 or 15(d) of the Exchange Act) for the year ended March 31, 2007 and as updated to December 31st, 2007 under Part 1 Item 3 Section 3.D entitled “Risk Factors”. The Company undertakes no obligation to update or revise any forward-looking statements contained in this release as a result of new information or future events or developments.