MHR announces acquisition of common shares of Lions Gate Entertainment Corp.

    New York, March 5 /CNW/ - On March 5, 2008, MHR Capital Partners Master
Account LP, MHR Capital Partners (100) LP, and MHR Institutional Partners III
LP collectively acquired beneficial ownership of 100,000 common shares
("Common Shares") at CDN $9.06 per Common Share in the capital of Lions Gate
Entertainment Corp. ("Lions Gate") (trading symbol "LGF" on the New York Stock
Exchange ("NYSE") through the facilities of the NYSE, representing 0.084% of
the issued and outstanding Common Shares. As a result, investment funds
affiliated with MHR Fund Management LLC ("MHR") now collectively hold
15,615,600 Common Shares, representing 13.18% of the issued and outstanding
Common Shares. MHR effected the acquisition of Common Shares for investment

For further information:

For further information: or to obtain a copy of the report required
pursuant to the early warning reporting requirements, please contact: MHR Fund
Management LLC, 40 West 57th Street, 24th Floor, New York, New York 10019,
USA, Attention: Arlene Mizrahi, Phone: (212) 262-0005

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