Tennis Superstar Andre Agassi Joins the Tennis Channel Team.

Entertainment/Sports/Business Editors

LOS ANGELES--(BUSINESS WIRE)--Aug. 27, 2002

Andre Agassi, a seven-time Grand Slam singles champion, is joining The Tennis Channel in a myriad of capacities including promotion of the Channel to consumers as well as the cable and satellite community, it was announced today by The Tennis Channel President and Founder, Steve Bellamy.

Under terms of the agreement, Agassi will be a frequent spokesperson and make an equity investment in The Tennis Channel, the first 24-hour, all-tennis cable network which is scheduled to launch by year-end 2002.

"We are extremely gratified that Andre Agassi has chosen to join forces with The Tennis Channel and contribute in so many positive ways to our new venture," said Bellamy. "His superstar status can only enhance all of our efforts to bring more exposure to the sport of tennis and the many people who benefit from it."

The Tennis Channel, separately, will assist in the promotion of the Andre Agassi Charitable Foundation (AACF). The AACF was created to provide recreational and educational opportunities for at-risk boys and girls and strives to assist those underprivileged, abused and abandoned children who may be deprived of basic options. The Foundation also funds a combination of emotional, physical and academic programs designed to enhance a child's character, self-esteem and career possibilities.

"There is no athlete in sports that gives like Andre," Bellamy added. "Until you go to Las Vegas and see it with your own eyes, you cannot possibly comprehend the impact of his remarkably generous contributions. He builds buildings, bolsters communities and changes lives by the thousands. It will be a large priority for the network to foster awareness and help grow the Andre Agassi Charitable Foundation."

Said Agassi: "I have two giant priorities -- to leave the game in a better state than when I started, and to grow my Foundation. The Tennis Channel is a great vehicle to fulfill these two significant objectives, and it is a huge priority for me to help it succeed."

Andre Agassi's tennis career highlights include:

-- One of only five singles players in history to win all four Grand Slam championships (3 Australian, 2 U.S. Opens, 1 French, 1 Wimbledon)

-- 54 Career ATP Tour singles titles, including 4 titles in 2002

-- Won more than 700 career singles matches

The Andre Agassi Charitable Foundation, a not-for-profit organization established in 1994, was formed to benefit at-risk youth in Southern Nevada, with funds raised by the Grand Slam for Children specifically assisting youth in Las Vegas, Agassi's hometown. To date, the AACF has raised more than $18 million for its charities. For more information on the AACF, call 702/227-5700.

The Tennis Channel is a 24-hour-a-day, traditional, ad-supported cable network. David Meister is Chairman and CEO, and Steve Bellamy is President and Founder. The Tennis Channel Board of Directors and investors include former Viacom heads Frank Biondi, Philippe Dauman, Tom Dooley, Terry Elkes, Ken Gorman, and Ed Horowitz, plus IMG, the world's premier sports management and marketing agency, and Pete Sampras, tennis' all-time Grand Slam champion. The Tennis Channel's Web site is located at www.thetennischannel.com.