BIGFOOT ENTERTAINMENT BREAKS GROUND AT CITY’S SRP Production powerhouse goes full-steam ahead with its long-awaited expansion

Cebu, (May 8, 2007) – Bigfoot Entertainment is making a mark in the international industry as it breaks ground at its expansion site at the South Road Properties (SRP). Bigfoot’s 2-hectare property at SRP will soon house state-of-the-art filmmaking facilities that will equal such famous film outfits as Universal Studios and Warner Brothers Studios.

First phase of the development is the construction of the country’s first Quad Shooting Building, comprising four separate studios and a helicopter pad. With a total floor area of 4,800 square meters, each of the four studio will measure 30 x 40 meters, with a 10-meter clear height connected in the interior walls and an elephant door access. All studios will be complete with Film Production facilities: from the Director’s Office and Production Offices, to Star Dressing Rooms and Suites; Wardrobe, Hair and Makeup, Camera and Equipment Rooms; and Craft and Set Shops and electrical provisions.

Bigfoot’s SRP facilities will have a Fabrication and Mill Building, which will house a complete set of facilities and equipment for the construction of individually fabricated elements – from props, slide sets and swing sets, to full sets. The Fabrication and Mill Building will have an Art and Design Office; and Carpentry, Plaster and Mold, Metal and Steel Works, Glass Works, and Painting Areas. It will also serve as the storage area for completed props.

Also set to rise on the site is Bigfoot’s Executive Hotel that will serve not only Bigfoot Entertainment, but the public as well. The hotel will boast of 85 world-class studio-type suites, a roof deck swimming pool, spa and massage services, a well-equipped gym, a spacious lobby with a café and business center, and a park with a mini zoo.

To add icing to an already impressive cake, Bigfoot’s SRP facilities will evoke Hollywood’s glitzy atmosphere with vibrant splashes of neon lights and big colorful billboards; and a premier collection of restaurants, boutiques and sidewalk shops.

For more information, please call +63-32-493-8889 or 1-866-300-7207 (toll-free from U.S. Alternatively, you can visit www.bigfootentertainment.com.

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ABOUT BIGFOOT ENTERTAINMENT

Bigfoot Entertainment’s mission is to create an innovative, profitable and socially responsible organization and learning environment that provides quality content, products, and services for our stakeholders and the global market place.

Based in Asia, Bigfoot Entertainment is the parent company of Bigfoot Productions, Bigfoot Production Services, the International Academy of Film and Television (IAFT) and Bigfoot Partners. Through all of its divisions, Bigfoot Entertainment strives to be recognized as a globally competitive organization that provides critically acclaimed and commercially viable content as well as providing facilities, services and training to international filmmakers.

Bigfoot Entertainment - leaving lasting footprints in the world of entertainment!

For more information, visit www.bigfootentertainment.com

ABOUT BIGFOOT VENTURES

Bigfoot Ventures is a wholly-owned international private venture capital subsidiary of the Bigfoot Group of Companies. With operations in , , Cebu (Philippines), New York, Los Angeles and Antwerpen (Belgium), the company manages and implements the Group's investment plans and strategies, focusing on sectors operating in communications, technology, education, entertainment, and new media.

With a young and dynamic team based in Asia, Bigfoot Ventures seeks to establish viable equity stakes to constantly enhance its lucrative portfolio. In the development of its affiliate companies within the Bigfoot Group, Bigfoot Ventures also initiated the capital and resources to provide business consultancy, technical and operational expertise, as well as conduct due diligence and feasibility studies that will strengthen the value of its portfolio companies.

Bigfoot Ventures currently holds investment stakes of progressive technology companies within Asia, , and the United States.

For more information, visit www.bigfootventures.com.

For media enquiries, please contact:

Angela B. Emphasis Coordinator - Public Relations & Special Interests Bigfoot Entertainment, Ltd. Office : +852-2572-2727 HK, extension 5201 +63-32-493-8889 PH, extension 5201 Mobile : +63-926-755-3478 Email : [email protected]

High-resolution images for print as well as, video, can be provided upon request.