DQ E and ZDF Enterprises to Co-Produce Second Series of the Jungle Book

Budget Euro 9m

HYDERABAD, India, February 4, 2011 - DQ E, the global entertainment production and distribution company, today
announces the signing of a coproduction agreement with ZDF Enterprises,
Germany, for a second season of the 3D HD animated series Jungle Book, 52
episodes of 11 minutes each.

ZDF Enterprises, together with German Pubcaster ZDF, has taken the lead
as chief coproduction partner of the second season, budgeted at over 9
million euros. It will distribute the new adventures of Mowgli and his
friends in more than 60 countries throughout Europe and Latin America.

The first season has been an unqualified success and has been picked up
by a number of marquee networks including : BBC (UK), TF1 (France), ABC
(Australia), TVO (Canada), ZDF (Germany), JCCTV (Middle East), Noga TV
(Israel), Channel B (Indonesia), EBS (Korea) and many others covering over
160 countries worldwide. It will also be aired on multiple Disney channels in
major parts of the world.

It is expected that the second season will further boost the
merchandising and licensing of this property, which already has many deals
agreed worldwide for toys, apparel, board games, outdoor action games, beach
toys, food items and more.

Based on stories from Rudyard Kipling's immortal classic, the JUNGLE BOOK
series features tales of wit, friendship, courage and loyalty with the
man-cub Mowgli and his friends in the dense Indian jungle.

Dr. Alexander Coridass, President and CEO at ZDF Enterprises, praises the
cooperation with DQ Entertainment: "Ever since we started cooperating with DQ
Entertainment, we've benefited from the exemplary efficiency of our Indian
partners. We particularly appreciate DQE's global outlook on production
issues. They are very successful in transposing universally beloved stories
into hit animation series. This is just one of the reasons we at ZDF
Enterprises did not hesitate to come aboard to co-produce not only the second
season of Jungle Book , but also the new 3D HD animated series Peter Pan and
Lassie."

Tapaas Chakravarti, Chairman & CEO of DQ Entertainment, says: "The second
season of Jungle Book was a simple decision after the tremendous success of
the first season and the inherent demand by the global broadcasting
community. Jungle Book already has a tremendous fan following and has created
the need to see more and more of Mowgli and his jungle friends by the kids.
We are confident that the second season will also be a tremendous commercial
success. It will be followed by a TV Movie special, a Christmas special, a
Halloween special and many other spin-offs. The partnership with ZDF is
symbiotic in the sense that we are producing several other projects with
them."

About DQE

DQE is one of the leading producers of animation, visual effects, game
art and entertainment content for the global media and entertainment industry
with a workforce of over 3500 permanent employees and a global client -
partner base of over 90 producers, distributors, broadcasters and licensors
including Walt Disney Television Animation, Nickelodeon Animation Studios
Inc., Electronic Arts, Marvel Comics, American Greetings, NBC-Universal, BBC
Group, M6/ France TV/ TF-1 Broadcasting groups from France, ZDF Germany and
many more world-wide.

DQE has produced/co-produced and distributed iconic brands such as Iron
Man (3D animated TV series, now in season 2) Twisted Whiskers, Mikido,
Casper, Pinky & Perky, second season of Large Family, Three seasons of Mickey
Mouse Clubhouse and is now producing properties like Little Prince, Little
Nicolas and Charlie Chaplin. DQE has a library of over 450 hours of
international programs for distribution. DQE has also developed and produced
'The Jungle Book' as a 52 episode animated series and a 60 minute TV feature,
Toomai-The Elephant Boy which is a live action TV series as well as Indian
IPs which are in production like Mysteries of Feluda, and Omkar. DQE's
production facilities are based in Hyderabad, Mumbai and Kolkata and it has
international sales representatives in Los Angeles, Paris and London.

    DQ Entertainment International
    Sumedha Saraogi
    sumedha@dqentertainment.com
    Tel: +91-40-2355-3726/27

    DQ Entertainment International
    P R Vishnu
    Vishnu@dqentertainment.com
    Tel: +91-40-2355-3726/27

DQ Entertainment International, Sumedha Saraogi, sumedha at dqentertainment.com, Tel: +91-40-2355-3726/27; DQ Entertainment International, P R Vishnu, Vishnu at dqentertainment.com, Tel: +91-40-2355-3726/27