Beverly Hills Film Studios Spotlights Full Production Slate; Moves to Raleigh Studios.

LOS ANGELES -- Beverly Hills Film Studios Inc. (NQB: BVHJ) announced today an expanded production schedule for the balance of 2004 and 2005. Studio executives presently completing negotiations with distributors for their recently completed feature debut, "Forget About It," the hot new comedy starring Burt Reynolds, Raquel Welch, Robert Loggia and Charles Durning, have now set July 15, 2004 for casting and pre-production on the new comedy "Dirty Love."

"Dirty Love" is an outrageous, romantic comedy written by and starring Jenny McCarthy ("Scary Movie 3," "Scream 3," star of the upcoming UPN series "Little Black Book" and New York Times best-selling author of the recent "Belly Laughs").

The film is to be helmed by director John Asher (Miramax's "Diamonds," "Thank Heaven," "Going to California") and will be produced by BHFS' BJ Davis and Kimberley Kates. Producers are in negotiations with some top talent to round off the cast of "Dirty Love." Announcements to be forthcoming.

"Dirty Love" is part of a multipicture with McCarthy, her teenage comedy, "Rollin'," is scheduled to go before the cameras for BHFS in February 2005.

Also slated is "Murder on the Hudson," a psychological, action-packed cop thriller, staring Scott Glenn ("Training Day," "Vertical Limit," "Silence of the Lambs," "Backdrafts"), Ron Perlman ("Hellboy," "Star Trek," "Nemesis," "Blade 2"), Charles Durning ("O' Brother Where Art Thou," "One Fine Day") and Willie Garson ("Freaky Friday," "Sex in the City," "Being John Malkovich"). Pre-production is set for March 20, 2005 in Hoboken, N.J. "Murder on the Hudson" will be produced by BHFS' John D. Schofield, Kates and Davis and helmed by Davis.

In development are "Enduring Freedom," an action adventure set in the war-torn Middle East. Current cast attachments are Michael Pare ("Eddie and the Cruisers," "Hope Floats"), and Gary Busey ("Under Seige," "The Firm," "The Buddy Holly Story").

Other titles on the slate for BHFS include "Hunt for the Devil," "Blood Sucker," "Two Faced" and "The Road to Christmas."

On July 1, 2004, Beverly Hills Film Studios announced a major restructure of its corporate management and the appointment of an expanded legal team and has recently relocated its production group to Raleigh Studios in Hollywood.

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.