PRESS RELEASE

For Immediate Release

MGM Announces Fourth Quarter Blu-ray Releases

USUAL SUSPECTS and WINDTALKERS Hit Stores November 28;
BULLETPROOF MONK and ROCKY Debut on December 5

Los Angeles, CA (August 31, 2006) -- Continuing its support of the Blu-ray Disc (BD) format, the only next generation high-definition packaged media that is broadly accepted by the film, music, gaming, computing and consumer electronics industries, MGM Home Entertainment announced two waves of two BD releases each for the fourth quarter today. The four titles to debut on BD are demographically on target with for adopters and Playstation 3 purchasers.

Slated for release on November 28 is Bryan Singer's acclaimed thriller USUAL SUSPECTS (day-and-date with a special edition DVD) and the compelling Nicholas Cage-starring action, war film, WINDTALKERS. On December 5, the company will release Sylvester Stallone's Academy Award winning, crowd-pleaser, ROCKY (day-and-date with a special edition DVD), and the Chow Yun-Fat and Seann William Scott, comic, action thriller, BULLETPROOF MONK. All of these BD releases are priced at with a suggested retail price of US$39.98/CAN$49.98.

Noted Eric Doctorow, GM Worldwide of the dedicated MGM unit at Fox: "MGM titles will be released by our new structure at Fox, to which we've fully dedicated a team, to give the product added presence in the marketplace. By capitalizing on the promise of next generation media and releasing MGM's library of classic and popular films on the BD format, we're broadening MGM's earning potential in the $25 billion North American home entertainment industry."

Each of the MGM BD releases is encoded in MPEG 2 and authored in HDMV and features DTS HD Master (Lossless) Audio on selected tracks along with Spanish and Parisian French language tracks. The releases also feature unique pop-up menus as well as a regular menu set.

Blu-ray Disc is a next generation optical disc format developed for high-definition video and high-capacity software applications. A single-layer Blu-ray Disc holds up to 25 gigabytes of data and a dual-layer Blu-ray Disc holds up to 50 gigabytes of data. This greater storage capacity enables the Blu-ray Disc to store over six times the amount of content than is possible with current DVDs, and is particularly well-suited for high definition feature films with extended levels of additional bonus and interactive material. Blu-ray also features the most advanced copy protection, backward compatibility with the current DVD format, connectivity and advanced interactivity.

Metro-Goldwyn-Mayer Inc., through its operating subsidiaries is actively engaged in the worldwide production and distribution of motion pictures, television programming, home video, interactive media, music, and licensed merchandise. The company owns the world's largest library of modern films, which is comprised of more than 4,000 titles. In addition, MGM has ownership interests in international TV channels reaching nearly 110 countries. MGM ownership is as follows: Providence Equity Partners (29%), Texas Pacific Group (21%), Sony Corporation of America (20%), Comcast (20%), DLJ Merchant Banking Partners (7%) and Quadrangle Group (3%). For more information, visit www.mgm.com.

A recognized global industry leader, Twentieth Century Fox Home Entertainment LLC is the worldwide marketing, sales and distribution company for all Fox film and television programming on VHS and DVD as well as video acquisitions and original productions. Each year the Company introduces hundreds of new and newly enhanced products, which it services to retail outlets -- from mass merchants and warehouse clubs to specialty stores and e-commerce -- throughout the world. Twentieth Century Fox Home Entertainment LLC is a subsidiary of Twentieth Century Fox Film Corporation, a News Corporation company.