Carver International Project Selected to Present Bollywood Awards 2003.

Entertainment Editors/Motion Picture Writers

WALNUT CREEK, Calif.--(BUSINESS WIRE)--Feb. 26, 2003

International Charity Solicits Sponsorship for Premier Event,

Targets Preservation of Indian Film and Cultural Heritage

The Carver International Project, a California-based

public service organization dedicated to preserving and promoting the cultural heritage of South Asian countries, among other causes, has been selected to present the fifth international Bollywood Movie and Fashion Awards 2003. The Bollywood Movie and Fashion Awards are two of the largest South Asian events outside of India. Backed by the multibillion dollar entertainment industry that takes its name from Bombay and Hollywood, the Bollywood Movie and Fashion Awards will be held May 2nd and 3rd at the Trump Taj Mahal Casino Resort in Atlantic City, New Jersey and will be broadcast to over 250 million people worldwide.

The Carver International Project was chosen as the presenter of Bollywood Awards 2003 based on its reputation as a worldwide charity and its desire to help preserve classic Indian films -- many of which are in danger of being lost or destroyed. Carver International plans to offer corporations and individuals a variety of tax-deductible Bollywood Awards 2003 sponsorship packages, with a portion of the proceeds targeted to fund cultural heritage and other projects around the world.

Kamal Dandona, Bollywood Awards 2003 Inc. chairman, said, "Indian movies are the eternal bond between thousands of others like me and our roots, which have their foundations in the memories of our motherland. It is the magnificent medium of Indian Films which are an enduring link between Indians abroad and their country back home. I am impressed with The Carver International Project's desire to preserve and promote our cultural film heritage."

Marge D'Wylde, filmmaker and director of cultural heritage and communications for The Carver International Project, said, "We believe that by helping to preserve India's cultural film heritage for future generations, we can stimulate philanthropy and help break the cycle of poverty in this and other South Asian countries. We are honored that Bollywood Awards 2003 has partnered with us to support this worthy cause."

About the Bollywood Awards

The Bollywood Movie Awards, an event of international stature honoring the outstanding achievements of Indian moviemakers and artists during the prior year, will be held on May 3 in the Taj Mahal's 5,500-seat Mark G. Etess Arena. The Bollywood Fashion Awards, featuring top models from the film industry, will be staged at the 1,400-seat Taj Mahal Xanadu Showroom. Previous Bollywood attendees and performers include Michael Jackson, Richard Gere, Steven Seagal, Sir Andrew Lloyd Webber, Ismail Merchant, Senator Patrick Moynihan and his daughter Maura Moynihan, Congressman Benjamin Gillman, Miss Universe Lara Dutta, Jose Feliciano, Truth Hurts, C&C Music Factory, Tracy Jackson, Shah Rukh Khan, Miss World Aishwarya Rai, Karishma Kapoor, Salman Khan, Urmila Matondkar, Padmabhushan Yesudos, and almost every celebrity from the Indian film industry.

About the Carver International Project

Driven by the belief that amazing things happen when people get the resources they need, the goal of the Carver International Project is to be an economic and intellectual asset stimulating philanthropy in communities and contributing to lasting positive change. The organization is chaired by Daniel Kemper, a successful businessman and philanthropist. Other board members include Ganesh Iyer, assistant professor of marketing for the Haas School of Business, University of California, Berkeley; Satish Mehta, director of the Times of India Group Newspapers; Anil Kalra, head of the Verification and Valuation Branch at the United Nations Compensation Commission; and Charles Colombe, successful businessman and member of the Rosebud Sioux Tribe of South Dakota.

The Carver International Project is a 501(c)3 not-for-profit organization based in Walnut Creek, California, with a history of supporting education, public health, human rights and women's rights. For more information, visit www.carverworld.org or contact The Carver International Project, 1340 Treat Boulevard, Suite 120, Walnut Creek, CA 94597, phone 925-947-4190, fax: 925-947-4191. For more information on Bollywood 2003, visit www.bollywoodawards.com.