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MIRAMAX AND SCHWIMMER IN OVERALL DEAL; ACTOR TO STAR IN FEATURES AND MAKE DIRECTORIAL DEBUT

NEW YORK, Nov. 2 /PRNewswire/ -- Miramax Films has entered into an overall deal with "Friends" sensation David Schwimmer, Company Co- Chairmen Harvey and Bob Weinstein announced today.

"Our relationship with David began during 'THE PALLBEARER,' where we got to know him personally and saw what a great fit he is for the Miramax family. He's a great actor and a break-out film star, and we're really excited to be working with him on future projects," said Harvey Weinstein.

Under this extremely lucrative deal, Schwimmer will commit to act in upcoming Miramax movies to be coordinated with his shooting schedule for "Friends." Prior to his commitment to Miramax, Schwimmer had passed on a wide range of multi-million dollar offers from several major studios. In addition to his work for Miramax, this deal will allow Schwimmer to pursue other acting projects.

In addition, Schwimmer will make his directorial debut this summer with a yet to be determined project in which he will also co-star. This ensemble comedy will feature fellow co-members of the Lookingglass Theater Company, which Schwimmer co-founded in Chicago with fellow Northwestern University graduates. The script will most likely be co- written by Schwimmer and his writing partner Doug Ellin. More Medavoy will executive produce.

A star of NBC's smash sitcom "Friends," Schwimmer makes his feature length debut in Miramax's upcoming film "THE PALLBEARER." Set for release in 1996, he co-stars with Barbara Hershey, Gwyneth Paltrow, Michael Rapaport, Carol Kane and Toni Collette in a story that follows Schwimmer's character as a young man whose life is thrown into chaos when he agrees to lead funeral services for a high school classmate he cannot remember.

Paul Webster, Senior Executive Vice President-Production for Miramax, who produced "THE PALLBEARER" before joining Miramax, and Meryl Poster, Senior Vice President-Production who is the executive in charge of the production, will oversee Schwimmer's deal for the company.

The deal was negotiated on behalf of Miramax by John Logigian, Executive Vice President-Business and Legal Affairs; Scott Greenstein, Senior Vice President-Motion Pictures, Publishing, Music, and New Media; Cary Granat, Vice President Office of the Chairman; and Neil Sacker, Vice President Business Affairs West Coast.

On behalf of Schwimmer, the deal was negotiated by Leslie Siebert, Vice President of the Gersh Agency, Brian Medavoy of More Medavoy Management, and Tom Hansen of Hansen, Jacobson, Teller & Hoberman.
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/CONTACT: Erica Steinberg of Miramax, 212-941-3800/

CO: Miramax Films ST: New York IN: ENT SU:

MP-LG -- NY077 -- 8051 11/02/95 11:47 EST
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Date:Nov 2, 1995
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