Marvel Entertainment Names David Maisel as Chairman, Marvel Studios and Kevin Feige as President...

Studio Further Solidifies Executive Team with New Hirings and Promotions as Iron Man Begins Principal Photography Today

LOS ANGELES -- Mort Handel, Chairman, Marvel Entertainment, (NYSE: MVL) announced today that David Maisel has been named Chairman, Marvel Studios and Kevin Feige has

been named President of Production. This comes as Marvel Studios continues to build momentum on the production of a slate of self-produced and financed feature films based on some of its marquee Super Hero franchises, and as principal photography on the first film in this slate, Iron Man, begins this week.

Mr. Maisel joined Marvel in December 2003. He was responsible for the conception and execution of the company's new film production initiative, including the establishment of the $525 million non-recourse loan facility to finance that strategy.

Mr. Feige joined Marvel in 2000 and has been involved in all of Marvel's theatrical productions including the X-Men trilogy, Spider-Man 1,2 and 3, and the Fantastic Four and its upcoming sequel. He is currently serving as producer on Iron Man and The Incredible Hulk. In his expanded role, Mr. Feige will also now creatively oversee Marvel's animated projects for television and DVD, as well as video games.

Additionally, Marvel Studios has solidified its infrastructure with the recent hiring of a number of seasoned, industry executives. Joining Marvel Studios in senior executive positions are: Tim Connors as Executive Vice President, Business Affairs and Operations; Ross Fanger as Executive Vice President, Physical Production; Michael Brown as Senior Vice President, Marketing; Charlie Davis as Senior Vice President, Post Production; Rod Smith as Senior Vice President, Production Finance; Elizabeth Lynch as Vice President of Business and Legal Affairs; and Jean-Claude Boursiquot as Director of IT and Studio Technology. Marvel has also promoted Matt Finick to Senior Vice President, Studio Finance and Corporate Development and named Ryan Potter to Associate Counsel. Both have relocated to Los Angeles from Marvel's New York office. Meanwhile, David Galluzzi, Assistant General Counsel, based in New York, will also be a key member of the Marvel Studios' Business Affairs team. Marvel also announced that Michael Helfant, President and Chief Operating Officer, Marvel Studios, is exiting the company to pursue other opportunities.