Market Overview

Eros International Forms Joint Venture With One of India's Top Screen-Writers and Directors


Exclusive collaboration will celebrate cinema through joint
development of scripts and production and distribution of films and

Eros International PLC (NYSE:EROS) ("Eros"), a leading global company in
the Indian film entertainment industry, announced today that its
Indian subsidiary, Eros International Media Limited, formed a joint
venture with V. Vijayendra Prasad, one of India's most prestigious
screen-writers and directors. Eros and Mr. Prasad have agreed to partner
and jointly develop scripts, greenlight projects, and produce and
distribute films and web-series across Hindi, Telugu and Tamil languages.

As an award-winning screen-writer and director, Mr. Prasad is popular
for his body of work in various Indian language films, including many
high-grossing box office successes including Baahubali, Makhkhi and
. Mr. Prasad has been recognized with several popular
Indian awards, including Filmfare Award for Best Story (Bajrangi
), Nandi Award for Best Feature Film (Rajanna), Sony
Guild Award for Best Story (Bajrangi Bhaijaan) and The Iconic
Trade Achiever of the Year for Indywood Film Market. Eros and Mr. Prasad
last collaborated for Bajrangi Bhaijaan, which garnered worldwide
success, including a strong box office performance in China. Setting
this venture into motion, Mr. Prasad has already penned ten stories for
the joint venture and several leading directors have been selected to
bring the stories to life. These include a family action thriller by
acclaimed Telugu director Sukumar, another thriller in Tamil and Telugu
by S.S. Kanchi and Sriman making his Hindi directorial debut under the
joint venture.

Speaking about the joint venture, Mr. Sunil Lulla, Managing Director,
Eros International Media Ltd
said, "It is an honor to collaborate
with V. Vijayendra Prasad. By combining his stories and the vision of
some of the best directors in India, strengthens our content offering
and further positions Eros as the destination for world class cinematic
experience. Our aim is to constantly create lasting intellectual
property by collaborating with leading talent across Hindi and regional
industries to deliver the best in entertainment."

Speaking on his partnership with Eros International, Mr. V.
Vijayendra Prasad
said, "I am truly delighted to be partnering
with a leading studio like Eros International, undisputed leaders with
the best global marketing and distribution infrastructure. I hope this
announcement is the beginning of a long and successful journey together
in presenting films that will be appreciated."

About Eros International Plc

Eros International Plc (NYSE:EROS) is a leading global company in the
Indian film entertainment industry that acquires, co-produces and
distributes Indian films across all available formats such as cinema,
television and digital new media. Eros International Plc became the
first Indian media company to list on the New York Stock Exchange. Eros
International has experience of over three decades in establishing a
global platform for Indian cinema. The Company has an extensive and
growing movie library comprising of over 3,000 films, which include
Hindi, Tamil, and other regional language films for home entertainment
distribution. The Company also owns the rapidly growing OTT platform
Eros Now. For further information, please visit:

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