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Blue Moon Group Acquires FAT KAT Records

Posted on: Thursday, 4 December 2003, 06:00 CST

NEW YORK--(BUSINESS WIRE)--Dec. 4, 2003--Blue Moon Group (the Company) (OTCBB:BMOO) announced today that the Company has acquired FAT KAT Records for $600,000 equalling 200,000 shares of the company's common stock.

About FAT KAT Records :

Lorenzo Medico, Winner of the North East American Idol, MTV Spring Break Idol, and American Idol, has started Fat Kat Records, subsidiary of Blue Moon Group. His single, "Summer", will be released in January of 2004, and is believed to go to the top of the charts. Lorenzo's sultry style has been branded as "sexy pop with an r&b twist." Fat Kat Records is also working on an American Idol Project due out next year.

About Blue Moon Group:

Blue Moon Group is a holding company with subsidiaries providing services to the music, entertainment and film industries. It is an emerging music and entertainment company engaged in the development, production and distribution of various types of music including pop, rock, R&B, hip hop, dance and country. Blue Moon is managed by a group of leading artists and producers who bring years of experience, having been involved with influential recording artists in the music industry.

Blue Moon Group has recently signed a music distribution deal with Brody/Sony Red.

Statements regarding financial matters in this press release other than historical facts are forward-looking statements within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

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