Lucian Grainge And Jason Kilar Nominated For Election To DreamWorks Animation Board Of Directors

Lucian Grainge And Jason Kilar Nominated For Election To DreamWorks Animation
                              Board Of Directors

Current Directors Nathan Myhrvold and Richard Sherman to Retire From
Leadership Positions

PR Newswire

GLENDALE, Calif., April 15, 2013

GLENDALE, Calif., April 15, 2013 /PRNewswire/ --DreamWorks Animation SKG,
Inc. (Nasdaq: DWA) today announced that at its upcoming annual meeting of
stockholders, scheduled to be held on May 29, 2013, current directors Nathan
Myhrvold and Richard Sherman will retire from the Company's Board of Directors
and Lucian Grainge, chairman and chief executive officer of Universal Music
Group, and Jason Kilar, founding chief executive officer of Hulu, will be
nominated for election as new Directors.

Myhrvold is the chief executive officer of Intellectual Ventures and has
served on the DreamWorks Animation Board of Directors since the Company went
public in October of 2004. Sherman is the chief executive officer of The
David Geffen Company and has served as a DreamWorks Animation Board member
since November 2008.

"Nathan has served on our board for nearly ten years during which time his
unique perspective and wise counsel has been invaluable – he will truly be
missed," said Chief Executive Officer and Director Jeffrey Katzenberg.
"Likewise, Richard has played a pivotal role in maximizing the potential of
our business and I am incredibly grateful for his contributions over the
years."

Continued Katzenberg: "Looking ahead, I am beyond excited at the prospect of
welcoming Lucian and Jason to our Board. They are true superstars in their
respective fields – Jason revolutionized how we consume content and Lucian is
one of the most innovative forces in the music industry. The addition of
their expertise to our already incredibly strong board will help take the
Company to new heights as we continue to grow our brand."

Kilar was the founding CEO of Hulu and a pioneer in the field of digital
content. Prior to building Hulu, Kilar served in key leadership positions
with Amazon.com, including senior vice president of Worldwide Application
Software and vice president and general manager of Amazon.com's domestic
books, music and video businesses. Kilar received his undergraduate degree at
The University of North Carolina at Chapel Hill before receiving his MBA from
Harvard Business School.

Grainge joined Universal Music Group in 1986 and has spent his entire career
in the music industry. Hehas not only pioneered new approaches to the
signing and development of the world's most successful recording artists and
songwriters but has also consistently championed the development of innovative
business models and partnerships with a wide range of technology and media
partners around the world. Grainge is also a member of the Board of Directors
of Activision Blizzard, Inc.

About DreamWorks Animation
DreamWorks Animation creates high-quality entertainment, including CG animated
feature films, television specials and series and live entertainment
properties, meant for audiences around the world. The Company has world-class
creative talent, a strong and experienced management team and advanced
filmmaking technology and techniques. DreamWorks Animation has been named one
of the "100 Best Companies to Work For" by FORTUNE® Magazine for five
consecutive years. In 2013, DreamWorks Animation ranks #12 on the list. All
of DreamWorks Animation's feature films are produced in 3D. The Company has
theatrically released a total of 26 animated feature films, including the
franchise properties of Shrek, Madagascar, Kung Fu Panda, How to Train Your
Dragon and Puss In Boots.

SOURCE DreamWorks Animation SKG, Inc.

Website: http://www.dreamworksanimation.com
Contact: Matt Lifson, (818) 695-6576, matt.lifson@dreamworks.com
 
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