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Blank check company Santa Monica Media prices at $8.00

March 28, 2007

Santa Monica Media, a blank check company seeking to enter communications, media, gaming or entertainment industries, priced its 12.5 million shares at its anticipate price of $8.00 Tuesday evening. Citigroup and Ladenburg Thalmann were the underwriters on the deal. The stock is expected to begin trading on the AMEX on Wednesday under the ticker "MEJ-U."