Premier Exhibitions (fka pxhb)

[jonesieatl]

Premier Exhibitions, Inc. set to join Russell 3000 Index as well as the Russell Microcap Index

Monday June 18, 2:09 pm ET

ATLANTA, June 18 /PRNewswire-FirstCall/ --

Premier Exhibitions, Inc. (Nasdaq: PRXI - News) today announced that the Company's common stock is set to join the broad-market Russell 3000® Index and the Russell Microcap(TM) Index, when Russell Investment Group reconstitutes its comprehensive set of U.S. and global equity indexes on June 22, 2007.

Membership in the Russell Indexes, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® as well as the appropriate growth and value style indexes. Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes.

Mr. Arnie Geller President of the Company made the following statement "The Company is extremely pleased to be considered for this highly coveted inclusion with the Russell Microcap Index as well as the Russell 3000 Index." Mr. Geller also added "This listing is in line with our goals to become more visible and more proactive towards advocating investor relations activities to maximize shareholder value."

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. An industry-leading $4 trillion in assets currently are benchmarked to them.

Annual reconstitution of Russell's U.S. indexes captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. The largest 1,000 companies in this ranking comprise the Russell 1000 and the next 2,000 companies become the Russell 2000. These investment tools originated from Russell's multi-manager investment business in the early 1980s when the company saw the need for a more objective, market-driven set of benchmarks in order to evaluate outside investment managers.

About Russell:

Russell Investment Group aims to improve financial security for people by providing strategic advice, world-class implementation, state-of-the-art performance benchmarks, and a range of institutional-quality investment products. With more than $200 billion in assets under management, Russell serves individual, institutional and advisor clients in more than 40 countries. Russell provides access to some of the world's best money managers. It helps investors put this access to work in corporate defined benefit and defined contribution plans, and in the life savings of individual investors.

Founded in 1936, Russell is a subsidiary of Northwestern Mutual Life Insurance Company. Headquartered in Tacoma, Wash., U.S., Russell has principal offices in Amsterdam, Auckland, Hong Kong, Johannesburg, London, Melbourne, New York, Paris, San Francisco, Singapore, Sydney, Tokyo and Toronto.

Russell's indexes are unmanaged and cannot be investing in directly. For more information on Russell indexes, go to http://www.russell.com.

About Premier Exhibitions, Inc.:

Premier Exhibitions, Inc. is a major provider of museum quality touring exhibitions throughout the world.