Beverly Hills Film Studios Announces Plans for Distribution of Films at American Film Market ``AFM''.

HOLLYWOOD -- Beverly Hills Film Studios, Inc. (NQB:BVHJ) announced today plans to participate at this year's American Film Market (AFM), to be held November 3 - 10, 2004 in Santa Monica, California. The Company will be showcasing "Forget About It," the highly anticipated Burt Reynolds - Raquel Welch comedy produced by John D. Schofield ("As Good As It Gets," "Jerry Maguire," "Ali") and BJ Davis and Kimberley Kates of Beverly Hills Film Studios, Inc. (BHFS). BHFS will also be previewing the new romantic comedy "Dirty Love" with Jenny McCarthy, along with other completed projects including "Medal of Honor" with Burt Reynolds, which will also be sold for foreign distribution.

"Forget About It" sees longtime favorites, Burt Reynolds and Raquel Welch, reunite for a hilarious comedy adventure set in an Arizona trailer park. The film, which is expected to be one of the hottest at AFM, has already garnered international attention, being the first film of Burt Reynolds' comeback series, appearing in various print media throughout the world and on Entertainment Tonight.

On reuniting with Burt Reynolds in "Forget About It," Raquel Welch says, "It was wonderful to see him again. He looks great and still as charming as ever. It is terrific coming back together again after all these years. We have always had amazing chemistry together and it really shows on screen."

In the last few months, BHFS has seen steady growth with announcement of a full production slate and the signing of Jenny McCarthy to a two-picture deal with the studio. BHFS has also recently expanded its team to include a sales staff for foreign distribution as well as a music division, Beverly Hills Film Studios Media Division, which will distribute the soundtrack to "Forget About It" in upcoming months.

"We anticipate a strong turn-out for our product as a number of major film distributors have already approached us looking to represent "Forget About It" in the domestic marketplace, as well as asking for a "first look" opportunity for our upcoming comedy, "Dirty Love," said Kates and Davis of BHFS.

Viewing dates and times for "Forget About It" at AFM will be made available in the coming weeks. BHFS also plans to sponsor an AFM party in honor of the stars of their films, for which details will be available shortly.

Safe Harbor Statement:

Certain statements contained in this press release are forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) and information relating to the Company that is based on the beliefs of the management of the Company, as well as assumptions made by and information currently available to the management of the Company.