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International Sports and Media Group Announces Stock Dividend Payable Date for Spin-off of Pan American Relations
Jun 1, 2005 6:00:00 AM
Copyright Business Wire 2005
LOS ANGELES--(BUSINESS WIRE)--June 1, 2005--

International Sports and Media Group (OTCBB:ISME), a diversified Sports and News Marketing and Communications firm, announced today a payable date of June 30, 2005 for its stock dividend in the spin-off of Pan American Relations (PAR), a privately owned subsidiary of ISME. The spin-off of Pan American Relations will create a stock dividend granted to any investors who own common stock of ISME prior to the Ex-date of June 2nd, 2005.

Pan American Relations is a financial investor relations and corporate advisory firm that provides emerging and established companies with useful guidance within the financial marketplace. Pan American Relations generates revenue through service contracts with both private and public companies.

PAR develops comprehensive investor relations and corporate identity programs to assist and enhance companies with their corporate image needs. The aim of these programs is to assist in Finance, PR, and Marketing -- to increase market awareness and to broaden its existing investor base.

The infrastructure of PAR in North America and Latin America allows PAR to maximize a company's global potential.

Yan Skwara, President of International Sport and Media Group, stated, "As we announced earlier this month, we are spinning off Pan American Relations to create multiple opportunities for the future for our shareholders. After discussions with our transfer agent, we are happy to announce a payable date on our stock dividend into PAR will be set on June 30, 2005. Shareholders and investors alike will have an opportunity to participate in the newly created dividend as long as one is a shareholder of record by the Ex Date of June 2, 2005."

Any common stock of ISME purchased before the Ex-date June 2, 2005 will grant the investor the ability to receive 1 share of PAR common stock for every "100" shares of ISME common shares they own by said date. Additional information will be made available accordingly.

About International Sports and Media Group, Inc.:

International Sports and Media Group is a sports and news marketing communications firm focused on increasing brand awareness using its expertise in the sports and media sectors, with services including marketing, product development, branding, corporate communications, public relations, hospitality, sponsorship and the new Premium Text Messaging Sport and Media marketing programs from Smart SMS. For more information on the Company, please visit www.ismg.info or www.ussocceruk.com.

International Sports and Media Group, Inc. (OTCBB:ISME) is a fully reporting issuer.

About Pan American Relations

Pan American Relations is a financial investor relations and corporate advisory firm that provides emerging and established companies with useful guidance within the financial marketplace. PAR assists both publicly traded and private companies to reach their ultimate goals of increased market awareness.

Forward-Looking Statements:

Certain statements in this news release may contain "forward-looking" information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements.

Source: International Sports and Media Group, Inc.