Hit Entertainment Appoints Gary Krakower As Senior Vice President, Business Development

HIT Entertainment - November 2007

HIT Entertainment Limited ("HIT" or the "Company") announces today the appointment of former Twentieth Century Fox Vice President Gary Krakower as its new Senior Vice President, Business Development for North America. Based in HIT's New York office, Gary, whose appointment is with immediate effect, will be focusing his attention on the growth area of live events, theme parks and attractions.

Gary has some 18 years of experience in business development and his recent experience includes a nine year period at Twentieth Century Fox, latterly as Vice President, International Licensing and Merchandising.

Peter Byrne, EVP, Worldwide Consumer Products commented on the appointment: "We have a first class team here at HIT Entertainment and Gary's appointment adds yet another dimension and strength. Gary brings years of experience to the team and his role in driving our live events and theme parks and attractions business in North America will be pivotal."