Wi Ha-joon of MS Team confirmed to headline in upcoming crime thriller film, MIDNIGHT, which is expected to crank-in early next month and released in the first half of 2020

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SINGAPORE -�Media OutReach�- 30 August 2019 -�Spackman Entertainment Group
Limited ("Spackman Entertainment Group" or the "Company" and
together with its subsidiaries, the "Group"), wishes to announce that
up-and-coming Korean actor Wi Ha-joon of MS Team Entertainment Co., Ltd. ("MS
Team"), a wholly-owned subsidiary of the Group's associated company,
Spackman Media Group Limited, has been confirmed to star in a new Korean crime
thriller film, MIDNIGHT.

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The film is written &
directed by Kwon Oh- seung and produced by Peppermint & Company. Wi Ha-joon
of MS team starred in GONJIAM: HAUNTED ASYLUM (2018), which was one of
the biggest March openings ever achieved by a Korean film, accumulating 1.4
million admissions in its opening weekend and accounted for 40% of the total
weekend box office.

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MIDNIGHT is
scheduled to crank-in early next month and released in the first half of
2020.��

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Other
than Wi Ha-joon, MS Team also represents Korean megastar Son Ye-jin and leading
actress Lee Min-jung.

About Spackman Entertainment Group Limited

Spackman Entertainment Group Limited
("SEGL" or the "Company"), and together with its subsidiaries, (the "Group"), one of Korea's leading
entertainment production groups founded by investment veteran, Mr. Charles
Spackman, is primarily engaged in the independent development, production,
presentation, and financing of theatrical motion pictures in Korea. In order to
diversify our revenue streams, we have expanded our business portfolio to
include the production of Korean television dramas. In addition to our content
business, we also make investments into entertainment companies and film funds
that can financially and strategically complement our existing core operations.
SEGL is listed on the Catalist of the Singapore Exchange Securities Trading
Limited under the ticker 40E.

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SEGL's Zip Cinema Co., Ltd. ("Zip Cinema") is one of the most
recognised film production labels in Korea and has originated and produced some
of Korea's most commercially successful theatrical films, consecutively
producing 9 profitable movies since 2009 representing an industry leading track
record. Recent theatrical releases of Zip Cinema's motion pictures include some
of Korea's highest grossing and award-winning films such as DEFAULT (2018), MASTER (2016), THE PRIESTS
(2015), COLD EYES (2013), and ALL ABOUT MY WIFE (2012). For more
information on Zip Cinema, do visit http://zipcine.com��

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SEGL also owns Novus Mediacorp
Co., Ltd. ("Novus Mediacorp"), an
investor, presenter, and/or post-theatrical distributor for a total of 79 films
(58 Korean and 21 foreign) including ROSE
OF BETRAYAL, THE OUTLAWS and SECRETLY, GREATLY, which was one of the
biggest box office hits of 2013 starring Kim Soo-hyun of MY LOVE FROM THE STARS fame, as well as FRIEND 2: THE GREAT LEGACY. In 2012, Novus Mediacorp was also the
post-theatrical rights distributor of ALL
ABOUT MY WIFE, a top-grossing romantic comedy produced by Zip Cinema. In
2018, THE OUTLAWS, co-presented by
Novus Mediacorp broke the all-time highest Video On Demand ("VOD") sales records in Korea. For more
information on Novus Mediacorp, do visit�
http://novusmediacorp.com�

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Our films are theatrically
distributed and released in Korea and overseas markets, as well as for subsequent
post-theatrical worldwide release in other forms of media, including cable TV,
broadcast TV, IPTV, video-on-demand, and home video/DVD, etc. We release all of
our motion pictures into wide-theatrical exhibition initially in Korea, and
then in overseas and ancillary markets.

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We also operate a caf�-lounge
called Upper West, in the Gangnam district of Seoul and own a professional
photography studio, noon pictures Co., Ltd..

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The Company holds an effective
shareholding interest of 43.88% in Spackman Media Group Limited ("SMGL"). SMGL, a company incorporated in
Hong Kong, together with its subsidiaries, is collectively one of the largest
entertainment talent agencies in Korea in terms of the number of artists under
management, including some of the top names in the Korean entertainment
industry. SMGL operates its talent management business through renowned
agencies such as MS Team Entertainment Co., Ltd., UAA & Co Inc., Fiftyone K
Inc., SBD Entertainment Inc., and Kook Entertainment Co., Ltd. Through these full-service
talent agencies in Korea, SMGL represents and guides the professional careers
of a leading roster of award-winning actors/actresses in the practice areas of
motion pictures, television, commercial endorsements, and branded
entertainment. SMGL leverages its unparalleled portfolio of artists as a
platform to develop, produce, finance and own the highest quality of
entertainment content projects, including theatrical motion pictures, variety
shows, and TV dramas. This platform also creates and derives opportunities for
SMGL to make strategic investments in development stage businesses that can
collaborate with SMGL artists. SMGL is an associated company of the Company.

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The
Group owns a 100% equity interest in Frame Pictures Co., Ltd. ("Frame Pictures"). Frame Pictures is a leader in the movie/drama
equipment leasing business in Korea. Established in 2014, Frame Pictures has
worked with over 25 top directors and provided the camera and lighting
equipment for some of Korea's most notable drama and movie projects including the upcoming Korean film GIRL COPS (2018) featuring rising star Wi Ha-jun of SMGL and THE GREATEST DIVORCE (2018) starring Bae
Doona of SMGL. In 2018, Frame
Pictures has also won contracts to supply equipment to FOUR MEN (2019), ASADAL
CHRONICLES (2019), THE CROWNED CLOWN (2019), THE BEAUTY INSIDE (2018), HUNDRED MILLION STARS FROM THE SKY (2018), LOVELY HORRIBLY (2018), THE
GUEST (2018), historical Korean movie MALMOI, SUITS (2018)
featuring Park Hyung-sik of SMGL, MISTRESS (2018), LIFE (2018), LIVE (2018) starring Lee Kwang-soo of RUNNING MAN, MY MISTER (2018) and Netflix's first Korean original production LOVE ALARM (2018).

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The
Company owns a 100% equity interest Take Pictures Pte. Ltd. ("Take Pictures") which has an upcoming film STONE SKIPPING and a line-up of other films such as the
co-production with Zip Cinema for THE
PRIESTS 2.

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The
Company owns a 100% equity interest in Constellation Agency Pte. Ltd. ("Constellation Agency"). Constellation Agency, which owns The P
Factory Co., Ltd. ("The P Factory")
and Platform Media Group Co., Ltd. ("PMG"),
is primarily involved in the business of overseas agency for Korean artists
venturing into the overseas market. The P Factory is an innovative marketing
solutions provider specializing in event and branded content production. PMG is
a talent management agency which represents and manages the careers of major
artists in film, television, commercial endorsements, and branded entertainment.

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The Company owns a
100% equity interest in Greenlight Content Limited which is mainly involved in the business of
investing into dramas and movies, as well as providing consulting services for
the production of Korean content.

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The Company owns a 100% equity
interest in Simplex Films Limited ("Simplex Films") which is an early
stage film production firm. Simplex Films has several
films in the pipeline including, A BOLT FROM THE BLUE, IRREVOCABLE
PROMISE and OUR SUPERSTAR K.

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For more details, do visit http://www.spackmanentertainmentgroup.com/