The High-Tech Action-Packed IRON MAN: ARMORED ADVENTURES is Set for a Second Season!

HYDERABAD, India, March 2, 2010 - DQE, the animation, gaming, live action entertainment
Production and Distribution Company, in collaboration with their
co-production partners Marvel Animation and Method Animation, are pleased to
announce they will co-produce 26 all-new episodes for a second season of the
popular animated series Iron Man.

(Photo:
www.newscom.com/cgi-bin/prnh/20100302/380867 )

The first season of Iron Man: Armored Adventures debuted in
the United States on Nicktoons Network in April 2009 to both critical and
audience acclaim, with the hour-long premiere event becoming the highest
rated original series premiere in Nicktoons history. While the incredibly
successful first season continues to air on broadcasters throughout the
world, DQ Entertainment, Marvel Animation and Method Animation have announced
they will co-produce 26 all-new episodes for a second season of the popular
animated series at a multi million Euro production budget.

Tapaas Chakravarti, Chairman & CEO of DQE said, "This Marvel
Super Hero - Iron Man - has emerged as one of the most popular Super Heroes
of our time. Season 2 of this animated TV series will take Iron Man fans on a
very different visual trip of high action sequences produced in high end CGI.
We're extremely proud of this project, and look forward to adding further
momentum to our relationship with Marvel Animation and Method Animation."

Aton Soumache, Chairman & CEO of Method Animation stated, "We
are very proud to renew our fruitful collaboration with Marvel Animation and
DQE for Iron Man: Armored Adventures season 2. These new adventures will
provide even more stunning visual effects and entertainment for the delight
of all Iron Man fans."

Eric Rollman, President of Marvel Animation stated, "With the
premiere season cherished by fans of all ages across the globe, we are
thrilled to work with DQE and Method to bring season two of Iron Man: Armored
Adventures to our loyal fans. We have a lot more action and excitement."

About Iron Man:

The first season of Iron Man: Armored Adventures was
celebrated for its spectacular CGI animation and incredible action with
Entertainment Weekly commenting Iron Man: Armored Adventures contains "smart
writing and stellar CG butt-kickery". The second season of Iron Man: Armored
Adventures will take the action and visual effects to the next level as
Marvel Animation continues to tell the story of the exploits of Marvel's
high-octane Super Hero, Iron Man. This exciting series introduces young Tony
Stark, an heir to the billion-dollar corporation Stark International. After
tragedy strikes, the teenage Tony begins using his suit of invincible armor
and technical know-how to protect those who would also fall prey to tragedy,
corruption and conspiracy! He is a new hero for the digital age, a mechanized
knight in ever-evolving, adaptable armor. He is…IRON MAN! Following the
worldwide sensation of the Iron Man movie, which generated $585 million
worldwide, and the upcoming May release of Iron Man 2, the excitement and
awareness of the beloved character is bigger and better than ever.

About DQE

DQE is one of the leading producers of animation, visual
effects, game art and entertainment content for the Indian as well as global
media and entertainment industry. With a workforce of over 2800 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 - the first 3D animated TV series, Twisted Whiskers, Mikido,
Casper, Pinky & Perky, second season of Large Family, third season of Mickey
Mouse Clubhouse and is now producing properties like Little Prince and Little
Nicolas. DQE has a library of over 350 hours of international programs for
distribution.

DQE is also developing and producing '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 on
production like Mysteries of Feluda, and Omkar.

DQE is currently developing, in collaboration with French
production companies Method Animation and MK2, animated 104 six-minute
episodes for worldwide distribution and exploitation inspired by the
legendary film icon Charlie Chaplin's Hollywood films.

DQE has received recognition and awards at several national
and international forums. such as the EMMY Award and several nominations at
the EMMY awards, The Pulicenella Award at Cartoons on the Bay international
festival, Red Herring top 100 Private Companies in Asia 2005, ISO 9001: 2000
certification by M/s. Det Norske Veritas, Netherlands and several others.

DQE's production facilities are based in Hyderabad, Mumbai and
Kolkata and it has international sales representatives in Los Angeles, Paris
and Tokyo.

About Marvel Entertainment

Marvel Entertainment, LLC, a wholly-owned subsidiary of The
Walt Disney Company, is one of the world's most prominent character-based
entertainment companies, built on a proven library of over 5,000 characters
featured in a variety of media over seventy years. Marvel utilizes its
character franchises in licensing, entertainment (via Marvel Studios and
Marvel Animation) and publishing (via Marvel Comics). Marvel's strategy is to
leverage its franchises in a growing array of opportunities around the world,
including feature films, consumer products, toys, video games, animated
television, direct-to-DVD and online. For more information visit
www.marvel.com.

DISCLAIMER:

DQ Entertainment Ltd is proposing, subject to market
conditions and other considerations, a public issue of the equity shares and
has filed the Red Herring Prospectus with Registrar of Companies (ROC),
Hyderabad. The Red Herring Prospectus will be available on the website of
SEBI at www.sebi.gov.in, the website of the Book Running Lead Manager
at www.sbicaps.com, and the website of the Company at
www.dqentertainment.com.

This press release does not constitute or form part of any
offer or invitation to sell or issue, or any solicitation of any offer to
purchase or subscribe for, any equity shares, nor shall it or any part of it
nor the fact of its distribution form the basis of, or be relied on in
connection with, any contract or investment decision.

The Equity Shares have not been and will not be registered
under the US Securities Act ("the Securities Act") or any state securities
laws in the United States and may not be issued or sold within the United
States or to, or for the account or benefit of, "U.S. persons" (as defined in
Regulation S under the Securities Act), except pursuant to an exemption from,
or in a transaction not subject to, the registration requirements of the
Securities Act of 1993.

Any potential investor should note that investment in equity
shares involves a high degree of risk. For details, see the section titled
"Risk Factors" of the Red Herring Prospectus, which has been filed with the
Registrar of Companies.

Media Contact

    DQ Entertainment PLC
    Sumedha Saraogi
    +91-40-2355-3726/27 or
    sumedha@dqentertainment.com

Photo:
www.newscom.com/cgi-bin/prnh/20100302/380867

Media Contact: DQ Entertainment PLC, Sumedha Saraogi, +91-40-2355-3726/27 or sumedha at dqentertainment.com