The 8th Annual Pageant of the Masters Gala Benefit at the Laguna Beach Festival of Arts Returns for a Festive Celebration of 'A Passion for Art'; Award-winning Actress Teri Hatcher Scheduled to Host the Event.

Festival of Arts:

WHO &   The Festival of Arts - California's Premier Fine Art
WHAT:   Exhibition presents the 8th Annual Pageant of the Masters Gala
        Benefit, a black-tie optional affair. This exclusive, highly
        anticipated, one-night event, will offer guests an evening of
        music, dancing and a performance of this summer's extremely
        popular Pageant of the Masters, titled "A Passion for Art."
        The Pageant of the Masters is an entertaining show that
        re-creates famous works of art with live people.

        The event is sold out; attending will be approximately 2,600
        guests. Hosting the event will be award-winning actress Teri
        Hatcher, "Susan Mayer" of the hit TV series DESPERATE
        HOUSEWIVES.

        Additional guest celebrities scheduled to attend include
        Cindy Ambuehl, James Avery, Neil Patrick Harris, Christopher
        Knight, Joshua Malina, Joe Mantegna, Andrea Roth, Doug Savant,
        Charles Shaughnessy and others.

        5:00 p.m. - 5:30 p.m. Celebrity invited guests and $300
        patrons will be arriving. $300 patrons will have sit-down
        dinner at Tivoli Terrace. Musical entertainment - James Torme.

WHEN:   Saturday, Aug. 26 at 5:00 p.m.

        5:00 p.m. - 6:00 p.m. Celebrity photo ops. Front entrance.
        Also available for interviews celebrities and Pageant of the
        Masters Director Diane Challis Davy and Festival of Arts
        President Anita Mangels.

WHERE:  Irvine Bowl Park, 650 Laguna Canyon Road, Laguna Beach, CA

MEDIA
R.S.V.P. Please R.S.V.P. to Sharbie Higuchi at 949-464-4282.
         Credentials required.

WHAT    The evening proceeds will benefit the Festival of Arts
ELSE:   Building Fund. Expected to raise over $200,000. The Festival
        is a non-profit organization that produces The Festival of
        Arts - California's Premier Fine Art Exhibition and The
        Pageant of the Masters-Where Art Comes to Life.

        A 2006 SLK 280 Mercedes-Benz, valued at approximately $48K,
        will be given away during an opportunity drawing at the Gala
        event. Tickets for the car are $5 each or 5 for $20 and may be
        purchased at the Festival of Arts Gift Shop.