In agreement with the Board of Directors, Mr. Sean Brennan tendered his resignation as Chief Executive Officer of Focus Entertainment on 16 May with immediate effect. As part of this change in governance and in order to pursue the development of the Company's strategy, the Board of Directors, meeting on 16 May, announced that it had taken the decision to combine the functions of Chairman of the Board and Chief Executive Officer and to appoint Fabrice Larue as Chief Executive Officer of Focus Entertainment.