Shareholders should not sign Sellers' white consent card

Premier Exhibitions Files Strong Rebuttal to Sellers Capital's Letter to the SECand Urges Shareholders Not to Sign Any Consent Forms Received From SellersATLANTA, Jan 7, 2009 (GLOBE NEWSWIRE) Premier Exhibitions, Inc. Premiershareholders are urged to read the Company's detailed rebuttal to Sellers'letter. Geller as Premier's CEO and President at the endof August 2008, the majority of the Board of Directors, including ourindependent directors, is confident that retaining current leadership is thebest way to improve earnings and increase value for Premier shareholders.Unfortunately, Sellers Capital has chosen to proceed with a costly consentsolicitation, which we believe, if successful, would significantly interferewith the Company's industry relationships, which are the foundation of ourCompany, and the future success of the Company's exhibitions.Sellers Capital has not provided any type of detailed long-term operating planfor shareholders to consider and, in our opinion, has instead focused on makinga series of allegations against our CEO and issuing a number of misleading pressreleases designed to encourage investors to support its solicitation. In themeantime, Sellers has still not located a replacement for our CEO since theydemanded his resignation over two months ago. These failures, in our opinion,together with Sellers' misguided proposal to monetize the Company's RMS Titanicartifacts, demonstrate a significant lack of understanding of, and experience,in the Company's exhibition business, on the part of the dissident hedge fundand its managers, and also, and perhaps more importantly, by the othersolicitation participants Sellers has nominated to sit on Premier's Board and inthe CEO's chair while Sellers presumably continues to look for a CEO.We believe that such turmoil in our leadership is likely to result inuncertainty and a lack of consistent strategic direction, as well as costlyadministrative disruption.

Perhaps more crucially, we believe that suchuncertainty is likely to discourage other parties from negotiating with us forthe installation of exhibitions and other revenue creating transactions giventhe important role played by personal relationships in executing thesetransactions, relationships Mr Geller has spent decades cultivating. We areconcerned that the change in leadership proposed by Sellers would saddle theCompany with management that has little or no experience in the exhibitionindustry and that any new CEO would have a significant learning curve duringwhich vital opportunities may be lost.Sellers Capital, through its director-designees on the Company's Board, Mr.Sellers and Mr. Rather thanworking with the full Board of Directors in a collaborative fashion to addressany legitimate concerns it may have, Sellers Capital has chosen to proceed in anadversarial fashion, culminating in this costly consent solicitation to effect achange in management that we believe is not in the Company's or ourshareholders' best interests at this critical juncture.We see Sellers' solicitation, together with its stated intention of taking oversenior management, as part of an integrated plan to advance its own interests,over the interests of Premier's other shareholders, by acquiring substantialinfluence and effective control of Premier without providing a control premiumto you.Shareholders should not sign Sellers' white consent card. The Boardof Directors will be mailing to Premier shareholders a BLUE "Revocation ofConsent Card" that they should immediately sign, date and mail back.Shareholders may support their current management by signing, dating and mailingthe BLUE Consent Revocation Card as soon as they receive it.In response to Sellers' unwarranted solicitation, Premier filed a PreliminaryConsent Revocation Statement on December 29, 2008 with the SEC. The Company willpromptly file and mail to shareholders a Definitive Consent Revocation Statementto shareholders, with a BLUE Consent Revocation Card, when the SEC advises usthat it has completed its review of our preliminary statement.

Shareholders areurged to read the company's consent revocation statement, our response tosellers' capital, and other materials filed by the company with the sec relatingto the consent solicitation, when available, because they contain or willcontain important information.Additional Information:D.F King & Co., Inc. has been retained by the Company as consent revocationsolicitation agent. Copies of Premier's preliminary Consent RevocationStatement, Premier's Response to Sellers' letter to the SEC, and any otherdocuments filed by Premier with the SEC in connection with the consentsolicitation, including the Company's definitive Consent Revocation Statementwhen filed, can be obtained free of charge from the SEC's website at, from Premier's website at , or from D.F. King & Co.Premier and certain directors, executive officers and other employees may bedeemed to be "participants" in the Company's solicitation of consentrevocations. Information regarding the names and respective interests of thesepersons in Premier, by security holdings or otherwise, is set forth in Premier'spreliminary Consent Revocation Statement (including any amendments orsupplements thereto).Forward Looking Statements:The information contained in this news release, other than historicalinformation, contains of forward-looking statements within the meaning ofSection 27A of the Securities Act and Section 21E of the Securities ExchangeAct. These statements may involve risks and uncertainties that could causeactual results to differ materially from those described in such statements.These risks and uncertainties include, among others, the costs of reviewing andresponding to Sellers' unwarranted consent solicitation and other impacts ofSellers' costly and disruptive solicitation. Although Premier believes that theexpectations reflected in such forward-looking statements are reasonable, it cangive no assurance that such expectations will prove to have been correct.Important factors, including factors impacting attendance at the Company'sexhibitions, such as the current economic recession (including changes inconsumer spending patterns), changes in governmental regulations, localconditions, events and disturbances, adverse weather conditions, pending,threatened and/or future legal proceedings and other factors could cause actualresults to differ materially from Premier's expectations.

Reference is made to amore complete discussion of forward-looking statements and applicable riskscontained in the Company's 2008 Annual Report on Form 10-K, which is availablefree of charge on Premier's website at Exhibitions, Inc.Investor Relations:Bud Ingalls, Chief Financial Media Inquiries:Katherine Morgenstern, Director of Public . It seems that Landon Donovan has settled on his best option at this point in his career. Now that the MLS season is over, it looks like Donovan will follow in Beckham's footsteps and head over to Europe for a couple of months, and with Donovan's contract coming up in the near future, a loan move may be the smartest choice he could make.No longer is Donovan the spring chicken that can afford to spend time on the bench, waiting for the opportunity to win a starting spot with a high profile, overseas team. He needs to continue gaining experience, not just for this summer's World Cup, but for theforeseeable future.Over the next four years, Donovan will be forced to turn his game into one that will allow him to play into his late thirties (unless he is the American version of the ageless Ryan Giggs). He will have to rely more on his skill and intelligence, and less on his speed and space.