SCI FI CHANNEL AND VIRGIN COMICS EMBARK ON GROUNDBREAKING JOINT VENTURE

Global Multimedia Enterprise to Create Original Properties Under the SCI FI /Virgin Comics Banner

NEW YORK COMIC CON, JACOB JAVITS CENTER�February 24, 2007�SCI FI Channel, the television network dedicated to fueling the imagination, is teaming up with Sir Richard Branson's Virgin Comics to create a forward-thinking, co-branded multimedia partnership called SCI FI/Virgin Comics. The announcement was made today by Dave Howe, SCI FI Executive Vice President and General Manager and Virgin Comics CEO & Publisher Sharad Devarajan at New York Comic Con, the season's biggest pop culture and comic book event.

With five new comic book titles serving as a jumping off point, SCI FI/Virgin Comics will develop fresh properties that integrate the unique spirit and vitality of both brands. Delivering innovative, multi-platform projects, original concepts will be considered across all mediums from publishing, film and television to digital and gaming.

"SCI FI/Virgin Comics marks an important step in our strategy to extend the SCI FI brand into new cross-media platforms. We're thrilled to be partnering with Virgin Comics to create exciting new titles, characters and stories that can live beyond the pages of the comic book," added SCI FI's Howe. "Virgin is the perfect brand to help us connect with the youth audience around the world."

"Virgin Comics and I are delighted to collaborate with SCI FI and the rest of the NBC Universal family," said Sir Richard Branson, "to create stories that will inspire a new generation of thinkers and dreamers throughout the world."

"Virgin is one of the world's most dynamic, forward-looking brands," said Bonnie Hammer, President, USA Network and SCI FI Channel. "It's a natural fit for SCI FI, where we've built our business on innovation and imagination."

"With SCI FI we are changing the face of the comic book industry � seamlessly developing characters and stories for books, television, online and other media," said Virgin Comics' Devarajan. "Together we are creating stories as innovative as the ways consumers will get to experience them."

Utilizing the global creative and synergistic resources that exist both at SCI FI Channel, part of NBC Universal, and Virgin Comics, the partnership will aim to attract some of the biggest names and talent from the worlds of comic books, television and movies. SCI FI and Virgin Comics will bring together a multimedia, creative editorial board with members representing comic books, television, movies, digital, gaming, licensing and merchandising. The first SCI FI/Virgin titles, distributed by Diamond Comics, can be expected to hit shelves later this year.

SCI FI Channel is a television network where "what if" is what's on. SCI FI fuels the imagination of viewers with original series and events, blockbuster movies and classic science fiction and fantasy programming, as well as a dynamic Web site (www.scifi.com) and magazine. Launched in 1992, and currently in 86 million U.S. homes, SCI FI is expanding its global portfolio with an ever-growing group of Channels in the United Kingdom, France, Germany and Spain. SCI FI Channel is a network of NBC Universal, one of the world's leading media and entertainment companies.

Virgin Comics LLC is a character entertainment company creating original stories and epic myths for worldwide audiences. The company was founded in November 2005 by Sir Richard Branson and Virgin Enterprises Ltd., alongside author Deepak Chopra, filmmaker Shekhar Kapur and Gotham Entertainment Group, South Asia's leading publisher of comic magazines. Among Virgin Comic's titles are the breakthrough new comics and graphic novels: Devi, Ramayan 3392 AD, Walk In, John Woo's Seven Brothers, Guy Ritchie's Gamekeeper. Feature films based on virgin Comics' characters are also in the works: an animated feature The Secrets of the Seven Sounds and The Sadhu with Nicholas Cage. www.VirginComics.com