Alfacam Group Leases Facilities to Dragone

Antwerp (Belgium), 7 May 2008 • Alfacam Group (Euronext Brussels: ALFA) signed an agreement with Dragone (Productions du Dragon) for rehearsal space and the preproduction of its new water-themed spectacle to be presented at City of Dreams, a new integrated urban entertainment resort in Macau, being developed by Melco PBL Entertainment (Macau) Limited (NASDAQ: MPEL).

The City of Dreams, a flagship project of MPEL, has recently topped out its main podium and one of the hotels. The resort will offer a kaleidoscope of entertainment options, world-class shopping, an amazing array of accommodations, as well as a 420,000 square-foot casino. With an exclusive partnership with MPEL in Greater China, Founder Franco Dragone will personally direct the breathtaking water-themed show, created specifically for City of Dreams.

In preparation for the opening in the fall of 2009, the rehearsals of this creation will take place at the Eurocam Media Center in Lint (Belgium) from December 2008 through to June 2009. Approximately 80 artists will train and rehearse in a brand-new studio and will be lodged at the Eurocam Media Center. A group of 30 people is already present in studio 7 to make the necessary preparations.

Gabriel Fehervari, CEO of Alfacam Group, stated: “Dragone and Alfacam Group are both internationally oriented and have a universal approach. While Dragone creates the most prestigious shows in the world, Alfacam is frequently involved in the filming of these and other events. The contract with Dragone is a nice illustration of the diversification of the customer base for the studio activities of Alfacam Group”.

The value of the contract for the studio rental to Dragone is similar to the turnover of the Eurocam Media Center in 2006.