In A Restructuring Of Warner Bros. Pictures Lorenzo di Bonaventura Has Been Promoted To The Newly Created Position Of Executive Vice President, Worldwide Motion Pictures, Warner Bros.

(July 10, 2002 - Burbank, CA) - Lorenzo di Bonaventura has been promoted to the newly created corporate position of Executive Vice President, Worldwide Motion Pictures, Warner Bros., taking on added responsibilities in a partial restructuring of Warner Bros. Pictures’ operations, it was announced today by Alan Horn, President and Chief Operating Officer, Warner Bros. Di Bonaventura continues to report to Horn. As part of the restructuring, Jeff Robinov has been named President, Domestic Production, Warner Bros. Pictures and Steve Papazian has been named President, Physical Production, Warner Bros. Pictures. Both report to di Bonaventura, as will Warner Bros. Pictures’ Domestic Marketing (led by Dawn Taubin, President, Domestic Marketing, Warner Bros. Pictures). “2001 was the best year in the history of Warner Bros. Pictures and 2002 is well on its way to being another record-breaking year,” said Horn. “These changes not only recognize the extraordinary contributions Lorenzo, Jeff, Steve and Dawn have made to this success, but also put in place a structural shift that recognizes and takes advantage of the critically important organic connection between development, production, post-production and marketing.” While Horn maintains the ultimate “green light” authority for the production and acquisition of all feature films, di Bonaventura will now have oversight of every aspect of production from development to acquisitions to physical production. Di Bonaventura will continue to be an integral part of the domestic distribution scheduling process and, in an effort to better integrate marketing into production at the earliest creative stages, domestic theatrical marketing has been added to his responsibilities. Di Bonaventura continues to be the gatekeeper for all the creative elements for films produced by or with Warner Bros. Pictures (including those from Village Roadshow, Bel Air Productions and Gaylord Films, as well as from independent producers). He will also continue to have complete oversight of the Studio’s independent theatrical production deals. He will also continue to share responsibility for the Studio’s relatively new, but already very successful “in-country” film production activities in the international marketplace, working closely with Richard Fox (Executive Vice President, International, Warner Bros.). In his new role, Robinov takes charge of the majority of the day-to-day development process for feature films produced or co-produced by Warner Bros. Pictures, with the creative production staff and the story department reporting to him. He will also serve as the liaison with Castle Rock and oversee the Studio’s recently announced Looney Tunes theatrical shorts program. Papazian continues to be in charge of the day-to-day physical production and fiscal aspects of all films produced or co-produced by Warner Bros. Pictures, including budgeting, production and post production. Di Bonaventura joined Warner Bros. Pictures in 1989 as a Production Executive and was promoted to Vice President, Production shortly thereafter. He was named Senior Vice President, Production in 1993 and Executive Vice President, Production in 1995. In 1996, he became the co-head of Warner Bros. Pictures’ theatrical production, assuming his current position as sole president of Warner Bros. Pictures’ worldwide production in April 1998. Robinov joined Warner Bros. Pictures in 1997, following five years as a literary agent at ICM, representing some of the most talented directors and writers in the industry, including the Wachowski brothers, the Hughes brothers, Chris McQuarrie and McG. Robinov currently supervises some of the Studio’s most important films, including “The Matrix Reloaded,” “The Matrix Revolutions,” “Troy” and “Looney Tunes: Back in Action.” From last year’s slate, “Cats & Dogs,” “Thirteen Ghosts” and “Swordfish” were among the films under Robinov’s watchful eye. Papazian, who has spent most of his 34-year career at the Studio, with a two-year hiatus at Universal Television as Executive Vice President, Production, is one of the most respected and effective production problem-solvers in the industry. He started at Warner Bros. in the mailroom in 1968, quickly rising through the feature film and television production ranks to his most recent post as Executive Vice President, Physical Production, Warner Bros. Pictures, which he has held since January 1996. # # #