FOR IMMEDIATE RELEASE
                                                         


                                           KOCH SIGNS V2 RECORDS


(Port Washington, New York) March 6, 2008 – KOCH Entertainment Distribution today announced that it is now the exclusive physical distributor for V2 Records North America, a Sheridan Square Entertainment company. KOCH is now the exclusive physical distributor of the entire Sheridan Square Entertainment (SSE) roster in North America.

V2 North America was formed in early 2006. V2 NA is most well known for breaking Moby, The White Stripes and The Raconteurs and a number of indie rock bands ranging from newer acts like the Blood Brothers and Chris Stills to the legendary rock icons Ray Davies and Gang of Four. V2 Records North America brings to the music marketplace a catalog full of great music and notable artists. PM Dawn, Moby, Carla Bruni, Underworld, the Gee Street catalog, Sugarcult, and the Black Crowes give a taste of the complexity of the catalog.

“Further expanding our relationship with the KOCH organization will give both companies a stronger presence and increased level of importance within the ever consolidating retail environment. It will also finally bring together all of Sheridan Square's assets under one distributor so that we can devote more resources to effectively manage and promote our diverse catalog of releases,” said Michael Olsen, Chief Executive Officer of Sheridan Square.

Michael Rosenberg, President of KOCH Entertainment Distribution comments, “We’re very excited to distribute indie-powerhouse V2 Records and to further expand our relationship with Sheridan Square Entertainment. V2’s massive catalog of multi-platinum and legendary artists will give a great boost to our roster.”

Sheridan Square Entertainment
With over 3,500 albums and 50,000 tracks representing virtually every music genre, Sheridan Square Entertainment’s catalog is among the most comprehensive in the music industry. Sheridan Square Entertainment’s eight label imprints (Sheridan Square Records, V2, Triloka, Ropeadope, Spitfire, Light, Intersound, and Tone Cool) have built a reputation of diversity and unparalleled musical excellence, releasing albums featuring some of the most renowned artists in music history, including Moby, Joan Osborne, Kansas, George Clinton, Andrae Crouch, Mighty Clouds of Joy, Vickie Winans, and Britain’s Royal Philharmonic Orchestra.

KOCH Entertainment, founded in 1987, is the leading and fastest-growing independent music company in the U.S. KOCH's operations encompass record and video labels as well as distribution companies in the U.S. and Canada. KOCH Entertainment is the market leader among independent labels and distributors in both the U.S. and Canada and its record label KOCH Records had the largest number of Billboard charting albums among independents for six years in a row (2001 – 2007). KOCH Entertainment is owned by Entertainment One Ltd. which is listed on the London Stock Exchange’s AIM market (ticker symbol “ETO”).

For more information, please contact James Scileppi at (516) 484-1000 Ext. 243 or email james.scileppi@kochent.com.