Seven Arts Entertainment Inc.,an independent motion picture company

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Seven Arts Entertainment Inc. to Announce Earnings for the Fiscal Year Ended June 30, 2011 Next Week

Oct 31, 2011

Seven Arts Entertainment Inc. to Announce Earnings for the Fiscal Year Ended June 30, 2011 Next Week LOS ANGELES, CA--(Marketwire - Oct 20, 2011) - Seven Arts Entertainment Inc. (NASDAQ: SAPX) ("Seven Arts") announced today that it would report the results of operations of its NASDAQ listing predecessor company, Seven Arts Pictures plc ("PLC") for the fiscal year ended June 30, 2011 within the next five trading days. The Company is completing its audit and is responding to the requirement of its auditors and counsel. About Seven Arts: Seven Arts Entertainment Inc. is the successor to Seven Arts Pictures Plc, which was founded in 2002 as an independent motion picture production and distribution company engaged in the development, acquisition, financing, production, and licensing of theatrical motion pictures for exhibition in domestic (i.e., the United States and Canada) and foreign theatrical markets, and for subsequent worldwide release in other forms of media, including home video and pay and free television. Cautionary Information Regarding Forward-Looking Statements: Forward-looking statements contained in this press release are made under the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from the anticipated. Contact Information Seven Arts Entertainment Inc. US contact: Peter Hoffman +1 323-372-3080 phoffman@7artspictures.com Seven Arts Entertainment Inc. UK contact: Kate Hoffman +44-203-006-8223 khoffman@7artspictures.com

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We are an independent motion picture production company engaged in developing, financing, producing and licensing theatrical motion pictures with budgets in the range of $2 million to $60 million for exhibition in domestic (i.e. the United States and Canada) and foreign theatrical markets and for subsequent post-theatrical worldwide release in other forms of media, including DVD, home video, pay-per-view, and free television.