MHR announces filing of updated early warning report in connection with holdings of common shares of Lions Gate Entertainment Corp.

    NEW YORK, March 18 /CNW/ - On March 18, 2009, MHR Fund Management LLC
("MHR") announced that it intends to file an updated early warning report with
applicable Canadian securities regulators in respect of holdings of common
shares ("Common Shares") in the capital of Lions Gate Entertainment Corp.
(trading symbol "LGF" on the New York Stock Exchange) ("Lions Gate").
Investment funds affiliated with MHR currently collectively hold 23,165,278
Common Shares, representing approximately 19.999% of the issued and
outstanding Common Shares. In recent days, MHR has had communications with
Lions Gate, including preliminary communications regarding the possibility of
adding a nominee designated by MHR to Lions Gate's board of directors, and may
in the future engage in such or other communications with regard to such or
other matters that may facilitate implementation of MHR's investment
strategies and objectives.
    MHR's address is 40 West 57th Street, 24th Floor, New York, New York
10019, USA.

For further information: or to obtain a copy of the report required
pursuant to the early warning reporting requirements, please contact: Adam
Friedman, Adam Friedman Associates, (212) 981-2529 ext.18,
Adam@adam-friedman.com