New Chairman Joins Seven Arts Pictures

HOLLYWOOD, Calif.--(BUSINESS WIRE)--Seven Arts Pictures plc (Seven Arts) (PLUS:SAPP) (OTCBB:SAPXF) announced the appointment of Philip Kendall as Non-Executive Chairman as of September 2008. Mr. Kendall has a wealth of experience in the global capital markets arena, having spent some thirty years on Wall Street and in the City of London’s Financial District.

Mr. Kendall holds a BA honors degree in English from Oxford University’s Balliol College and received his Masters Diploma in Business Administration from Manchester Business School. He spent 12 years at Baring Brothers in London and New York, one of the oldest British merchant banks.

From 1984 he joined Samuel Montague, now part of Midland Bank, where he ran the corporate finance and loan origination business units. In 1996 Mr. Kendall joined PricewaterhouseCoopers LLP in London as a Partner and Head of the firm's public company advisory practice specializing in mergers and acquisitions in the international retail, media, property, and financial services sectors.

Since 2005 Mr. Kendall has served as a non-executive director at Compel Group, an IT solutions company, which was acquired by the 2e2 Group in 2007. He also served as non-executive Chairman of Rugby Estates Investment Trust, a public REIT, focused on investment properties. He served as a non-executive director of Hexagon Human Capital, and as senior adviser at Hawkpoint Partners, a leading independent corporate finance advisory firm.

Philip said of his appointment, “I am very excited to have the opportunity to join Seven Arts Pictures as Chairman. Peter Hoffman has built a strong company combining exceptional profitability, creative tax structures, a growing film library, all supported by a creative management team who have demonstrated their ability to make good films on time and at a reasonable budget. I look forward to joining Peter in exploiting this unique opportunity to create a successful growing company focused on maximizing shareholder value.”

Peter Hoffman, CEO of Seven Arts, said about the appointment: “It is a great pleasure to bring Philip's expertise in the world of finance to our company. The Board of Directors and I look forward to working closely with him to continue to develop and improve the business.”

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 page 11 of Form 20-FR12G/A Amendment 11 (annual report pursuant to Section 13 or 15(d) of the Exchange Act) for the year ended March 31, 2007 and as updated to March 31^st, 2008 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.