Saban Capital Acquisition ^{Priced, Nasdaq: SCAC}

We are a newly organized blank check company formed to capitalize on the ability of our management team to identify, acquire and operate a business, leveraging its experience in digital media, entertainment, communications and consumer brands. Haim Saban, our Chairman nominee, is an entrepreneur and leader in the entertainment industry, with over forty years of experience as an operator and investor in media companies globally. Mr. Saban got his start by building a successful tour promotion business in Israel and later an independent record company in France. In 1988, Mr. Saban formed Saban Entertainment, an international television, production, distribution and merchandising company, which produced several major hits including X-Men and other shows around Marvel characters. In addition, Saban Entertainment introduced to the United States the Mighty Morphin Power Rangers, a global phenomenon that to this day is one of the top selling boys' toy brands in the United States.