UTVM Utv Motion

RNS Number:0283N
UTV Motion Pictures PLC
31 January 2008

                            UTV Motion Pictures Plc

                                                                 31 January 2008

                                QUARTERLY REVIEW

KEY HIGHLIGHTS FOR THE QUARTER

-          Hindi movies released

   * Release of one of the highest grossing films of the year, Welcome.
   * Dhan Dhanadhan Goal recovers costs even before it kicks off in theatres.
   * Taare Zameen Par opens to standing ovations worldwide and great reviews.

-          Foray into the South Indian Film industry

   * Maiden Telugu Release Atidhi with super star Mahesh Babu.
   * Maiden Tamil Release Kennamoochi Yennada.

UPCOMING 2008 RELEASES

1.        Jodhaa Akbar: Expected Release date - February 15, 2008; starring
          reigning superstars Hrithik Roshan and Aishwarya Rai.

2.        Race: Expected Release date - March 21, 2008; starring Saif Ali Khan,
          Akshaye Khanna, Anil Kapoor, Bipasha Basu, Katrina Kaif and Sameera Reddy.

3.        Wednesday: Expected Release date - March 28, 2008; starring
          Naseeruddin Shah, Jimmy Shergill and Anupam Kher.

4.        Aamir: Expected Release date - April 2008; starring Rajeev Khandelwal.

5.        Phir Kabhi: Expected Release date - April 2008; starring Dimple
          Kapadia, Rati Agnihotri and Mithun Chakraborty.

6.        Hawai Dada: Expected Release date - May 2008; starring Anupam Kher and
          Tanuja.

7.        The Happening: Expected Release date - June 2008; starring Mark
          Wahlberg

8.        Kismat Konnection: Expected Release date - June 2008; starring Shahid
          Kapoor and Vidya Balan.

9.        Bombay Meri Jaan: Expected Release date - July 2008; starring
          Madhavan, Irrfan Khan, Paresh Rawal, Kay Kay Menon and Soha Ali Khan.

10.       Mahadev: Expected Release date - July 2008; starring Shreyas Talpade,
          Amrita Rao and Ravi Kissen.

11.       Dhoondte Reh Jaaoge: Expected Release date - August 2008; starring Kunal
          Khemu, Zayed Khan, Soha Ali Khan, Celina Jaitley, Paresh Rawal and 
          Rajpal Yadav.

12.       Dev D: Expected Release date - September 2008; starring Abhay Deol.

13.       Fashion: Expected Release date - October 2008; starring Priyanka Chopra,
          Kangan a Ranawat and Arbaaz Khan.

14.       Shoebite: Expected Release date - October 2008; starring Amitabh
          Bachchan.

Target markets are global as UTV Motion Pictures distributes its products in 32
different countries.

Ronnie Screwvala, Chairman of UTV Motion Pictures Plc said "Its been a good
quarter for us and we are looking forward to big things in our next quarter with
our biggest product to date, Jodhaa Akbar being released on February 15th, 2008"

UTV Software Communications Limited, the ultimate parent company of UTV Motion
Pictures, have today released their quarterly results to the BSE and NSE in
India. These are available on their website www.utvnet.com

CONTACTS

UTV Motion Pictures Plc                                 +91 22 4098 1514
Siddharth Kapur - Non-Executive Director

Grant Thornton (Nomad)                                  +44 207 383 5100
Fiona Owen

Jermyn Capital (Broker)                                 +44 207 399 2020
Dharmesh Doshi

Bankside (Financial PR)                                 +44 207 367 8888
Simon Bloomfield, Chris Price or Andy Harris


CHAIRMAN'S REPORT

Your Company, in its first year of operation has an unprecedented line up of
films ever planned by an Indian studio which includes top talent of the industry
such as Aamir Khan, Shahid Kapoor, John Abraham, Akshay Kumar, Amitabh Bachchan,
Priyanka Chopra and ace directors like Ashutosh Gowariker, Shyam Benegal and
Madhur Bhandarkar. This quarter saw good performance from movies like Welcome,
Dhan Dhanadhan Goal and Taare Zameen Par in the Hindi language that were
released during the quarter. Welcome, the surprise package, opened to an
overwhelming response from audiences, emerging as one of the top grossers for
the year and the biggest comic blockbuster of all time. Dhan Dhanadhan Goal
recovered its cost of production even before its theatrical release. Taare
Zameen Par, Aamir Khan's directorial debut, has received great reviews from
critics and audiences worldwide. This quarter also saw our first foray into the
lucrative South Indian market where we co produced and released a Tamil movie
Kennamoochi Yennada. We then co produced a film Atidhi for the Telugu film
industry which opened to an overwhelming response at the box office when it was
released in over 500 screens. Going forward, we have some key releases slotted
for the ensuing months from January '08 to October '08.

For Dhan Dhanadhan Goal we tied up with brands like Reebok, Gillette, ESPN Star
Sports and Zee Sports who have all contributed to its recovery of cost of
production even before the film release. Reebok sponsored the clothing line in
the film which was then retailed in its outlets across the country. Similarly,
the film Atidhi was backed by some good marketing tie ups with brands like
Thums-Up, Kingfisher and Big FM.

Your Company's Home Entertainment Division with a strong distribution chain
across India has now launched some of the best Hollywood and World Cinema titles
from the Miramax Library which are as much box office hits as critically
acclaimed.

Your Company is currently entering an exciting phase with an extensive slate of
projects under development with eminent directors and excellent talent like
Salman Khan, Kareena Kapoor, Priyanka Chopra, Shahid Kapoor, John Abraham,
Rakeysh Omprakash Mehra and Anurag Basu. In the International scenario, our
slate boasts of a co-production with 20th Century Fox, The Happening, directed
by M. Night Shyamalan and Live Action and Animation projects with Will Smith's
Overbrook Entertainment. Management believes with such a diverse slate with
multiple genres, languages and budgets it will surely transform your Company
into a global Indian movie studio.

Your Company through UTV India has launched the UTV Music Label. This will
distribute music of its latest production Jodhaa Akbar, releasing worldwide on
February 15, 2008. Jodhaa Akbar is expected to be one of the biggest movies of
this year. This was a development in the business post the quarter ended 31
December 2008. The movie's soundtrack is composed by the maestro A R Rahman and
Javed Akhtar, a famed lyricist and screenplay writer has written lyrics for the
movie songs.






                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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