Entertainment Capital Corporation Announces Release of June Investor Newsletter

Entertainment Capital Corporation, whose focus is to invest in companies engaged in various aspects of the entertainment industry, today announced that the company has released the June edition of its monthly investor newsletter.

Included in this edition of Entertainment Capital Corporation's June newsletter is a feature article on the activities of portfolio investment FilmMates Entertainment during its successful appearance its the 47th annual Marche du Film, which took place from May 17-27 at the Cannes Film Festival (Festival International du Film de Cannes) in Cannes, France. During the appearance at Cannes, FilmMates International held four screenings of "Valley of the Wolves: Iraq," for which it recently acquired U.S. and various other distribution rights. FilmMates Entertainment also acquired worldwide distribution rights to "My Suicidal Sweetheart," an award-winning dark romantic comedy during its attendance at the Marche du Film. Additional details of these events and other related news regarding Entertainment Capital Corporation are included in the June newsletter.

"We held this edition of our monthly newsletter so that we could include the events from our recent appearance at Cannes but are pleased to now make it available to our shareholders," stated chief executive officer John Bailey. "It is our goal to keep Entertainment Capital Corporation shareholders well-informed of our progress as we support the growth of FilmMates Entertainment and build the ECC portfolio so that it returns significant value."

A PDF version of the newsletter, which includes pictures and other graphics, is posted online at http://www.entertainmentcapitalcorp.net/media.asp?id=newsletters. The company intends to mail a print version to all shareholders of Entertainment Capital Corporation and portfolio investment company FilmMates Entertainment in the coming days.

"Frequent press releases as events warrant, our monthly newsletters, selected entertainment industry media, and other similar communication tools will continue to be utilized to make the public markets aware of the opportunities presented by Entertainment Capital Corporation, and we hope our shareholders will be pleased with the ongoing progress that we expect to report," added Mr. Bailey

To sign up to receive information by email directly from Entertainment Capital Corporation when new press releases, investor newsletters, SEC filings or other information is disclosed, please visit www.entertainmentcapitalcorp.net/investor.asp?id=email.

About Entertainment Capital Corporation

Entertainment Capital Corporation (www.entertainmentcapitalcorp.net), a business development company pursuant to the Investment Company Act of 1940, was formed to build a portfolio of investments in the entertainment industry, including companies engaged in movies, music, home video, television and related projects. Portfolio investment FilmMates Entertainment, Inc. is a global motion picture financing, production and distribution company that acquires content for theatrical, television, home entertainment and portable digital markets. In January 2006, the company entered into a multi-year home video distribution agreement with Vivendi Visual Entertainment (VVE), a division of Universal Music Group Distribution (UMGD). In addition to FilmMates Entertainment, Entertainment Capital Corporation has acquired a 100% interest in Roma Music Group, Inc., a privately held Nevada corporation, which is comprised of two divisions, a music publishing arm that owns and administrates copyrights to music for film properties and a record label that produces and distributes soundtracks and new recording artists.