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FIRST NATIONAL FILM RELEASES 'HAPPILY EVER AFTER' WITH THE ANNOUNCEMENT OF A NATIONAL SNOW WHITE SCHOLARSHIP PROGRAM

 AUSTIN, Texas, June 4 /PRNewswire/ -- Children from ages 3-13 will get an opportunity to win a $10,000 scholarship towards their college education when they enter the "Happily Ever After" Snow White Scholarship Drawing sponsored by First National Film.
 "Happily Ever After," the new animated family entertainment Snow White film, was released on May 28 in 1,000 theaters across the United States. First National Film has shipped 15 million Snow White Scholarship Applications to 35,000 schools across the country. On June 18, five $10,000 scholarships will be drawn and awarded from the entries for a total of $50,000 in scholarships towards college educations.
 Milton Verret, president of First National Film, stated, "The Snow White Scholarship Program signifies the commitment that this film company has made to further the education of children. Our primary focus is on G-rated all-family entertainment. This highlights the enduring positive values so important to the development of children and the bonding of family and society."
 "Happily Ever After" features one of the greatest all-star casts ever assembled in an animated film. The roster of celebrity voices includes Dom DeLuise, Ed Asner, Tracey Ullman, Carol Channing, Zsa Zsa Gabor, Phyllis Diller, Sally Kellerman, Malcolm McDowell, and Oscar and two-time Grammy Award winner Irene Cara as Snow White.
 "Happily Ever After" is produced by animation veteran and Filmation Studio founder Lou Scheimer, who also produced "The Cosby Kids," "Ghostbusters" and "He-Man/She-RA" for television.
 First National Film of Austin is a publicly-held company. First National stock is traded on the NASDAQ exchange.
 -0- 6/4/93
 /CONTACT: Pauline Barfield, 212-736-0404, or Charisma Productions Ltd., 212-832-3020, both for First National Film/


CO: First National Film ST: Texas IN: ENT SU:

SH-GK -- NY038 -- 5501 06/04/93 14:18 EDT
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Date:Jun 4, 1993
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