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

NEW YORK, Sept. 16 /CNW/ - On September 16, 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) (the "Company"). Investment funds affiliated with MHR currently collectively hold 23,165,278 Common Shares, representing approximately 19.8% of the issued and outstanding Common Shares.

On September 15, 2009, Mark H. Rachesky M.D. ("Dr. Rachesky") was elected to the Company's Board of Directors at the Company's 2009 Annual General Meeting of Shareholders.

MHR's address is 40 West 57th Street, 24th Floor, New York, New York 10019, USA.

SOURCE MHR FUND MANAGEMENT LLC

For further information: 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

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MHR FUND MANAGEMENT LLC

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