• So Ji Sub who is represented
  by 51k, a wholly-owned subsidiary of the Group's associated company, Spackman
  Media Group, won two awards at the 2018 MBC Drama Awards, namely the "Top
  Excellence Award" & the "Grand Prize"� �
• The Group was one of the
  main investors of TERIUS BEHIND ME, the
  Group's first co-produced drama, which was also recognized as the "Drama of the
  Year" at the 2018 MBC Drama Awards
• Awards serve as a
  testament to So Ji Sub's status as a top Korean megastar and the Group's successful
  participation into the highest quality content projects by leveraging on the
  talent management platform of Spackman Media Group

�

SINGAPORE -�Media OutReach�- 31 December 2018�-�Spackman Entertainment Group
Limited ("Spackman Entertainment Group" or the "Company" and
together with its subsidiaries, the "Group"), one of Korea's leading
entertainment production groups founded by international investor Charles
Spackman, wishes to announce that So Ji Sub of the Group's associated company,
Spackman Media Group Limited ("Spackman
Media Group") attained the "Top Excellence Award" & the "Grand Prize" for
his leading role in the Group's first co-produced drama, TERIUS BEHIND ME, at the 2018 MBC Drama Awards held on 30 December
2018. �

�

TERIUS BEHIND ME, a romantic comedy mystery
drama headlined by So Ji Sub and Jung In-sun, was also awarded the "Drama of the Year" at the award ceremony. The
television series opened top on its premiere day and maintained #1 position in
drama viewership ratings for its time slot in Korea. Other than being the
co-producer, the Group was also one of the main investors of TERIUS BEHIND ME.

�

Recognition at the MBC Drama Awards
reinforces So Ji Sub's status as a top Korean megastar and underscores the Group's successful participation into the
highest quality content projects by leveraging on Spackman Media Group's
unparalleled portfolio of artists. The Group shall continue to collaborate
strategically with Spackman Media Group to strengthen its foothold in the
Korean drama segment.

�

So Ji Sub, the star of TERIUS BEHIND ME, is represented by Fiftyone K Inc. ("51k"), which is a wholly-owned
subsidiary of Spackman Media Group He is also known for his leading roles in
the television series I'M SORRY, I LOVE
YOU (2004), CAIN AND ABEL (2009),
PHANTOM (2012) and MASTER'S SUN (2013) as well as the film ROUGH CUT (2008). Other than dramas, he
has also starred in hit movies such as BE
WITH YOU (2018) and BATTLESHIP ISLAND
(2017).

�

In March 2018, So Ji Sub was the top male
actor of the Movie Actor Brand category in Korea's Brand Power Survey.

����������������������������

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, in the second half of 2018, we will
to expand 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.

�

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 8 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 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��

�

SEGL also owns Novus Mediacorp
Co., Ltd. ("Novus Mediacorp"), an
investor, presenter, and/or post-theatrical distributor for a total of 76 films
(53 Korean and 23 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. Novus
Mediacorp is currently in the process of seeking a listing on the Singapore
Stock Exchange. For more information on Novus Mediacorp, do visit� http://novusmediacorp.com�

�

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.

�

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..

�

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.

�

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 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). Frame Pictures and
Novus Mediacorp are currently seeking to list on the Singapore Stock Exchange.

�

The
Company owns a 100% equity interest in Take Pictures Pte. Ltd. ("Take Pictures") which has a strong lineup of 10 film projects
including STONE SKIPPING and the
co-production with Zip Cinema for THE
PRIESTS 2.

�

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.

�

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.

�

On 7 May 2018, the Company announced that it would spin-off
Novus Mediacorp and Frame Pictures into a combined entity to seek listing on
the Catalist Board of the Singapore Exchange Securities Trading Limited to
exploit the growing post-theatrical and camera equipment leasing markets. For more details, do visit http://www.spackmanentertainmentgroup.com/