Steinberg Asset Management, LLC confirms its control over 14.72% of the common shares of Lions Gate Entertainment Corp.

NEW YORK, Oct. 9 /CNW Telbec/ - Steinberg Asset Management, LLC ("Steinberg") announced today that it has filed an early warning report with the Canadian securities regulatory authorities confirming its control over 17,281,484 common shares of Lions Gate Entertainment Corp. ("Lions Gate"), representing 14.72% of the 117,374,945 common shares referred to as being issued and outstanding as per Lions Gate's most recent interim MD&A.

Information regarding Steinberg's control over common shares of Lions Gate has previously been made available by Steinberg via its Schedule 13G and Schedule 13G/A filings with the United States Securities and Exchange Commission (publicly available on the EDGAR database), and has been reported by Lions Gate in its proxy statements.

Steinberg is an independent investment advisory firm. Steinberg has purchased common shares of Lions Gate on behalf of various separately managed accounts over which it exercises discretionary authority for passive investment purposes and not with a view to influence management or the direction of the company. On behalf of its managed accounts, Steinberg may, as investment conditions warrant, acquire further securities or dispose of its holdings of securities of Lions Gate.

Contacts

Mr. Steven Feld
(212) 980-0080