TEAM Communications Group Inc. to Acquire DandelionDistribution Ltd. for US$5 Million.

LOS ANGELES--(BUSINESS WIRE)--June 9, 1999--

Strategic European Partnership Expands TEAM's Production

and Distribution Presence Globally While Increasing

TEAM Library to Over 2,500 Hours

TEAM Communications Group Inc. (Nasdaq:TMTV), a leading television production

and distribution company, announced it has signed a letter of intent to acquire Dandelion Distribution Limited, the 23-year-old UK-based TV and film distributor and producer for US$5 million in cash and TEAM securities. Drew S. Levin, TEAM's chairman and chief executive officer made the announcement today. The acquisition of Dandelion, which provides TEAM with a sales and production office in Europe, gives TEAM an even stronger foundation in the international production and distribution arena. With this strategic partnership, TEAM's library will now expand to over 2,500 hours of programming and provide the company with an initial base to create EC content programming.

Subject to the definitive agreement and due diligence, the purchase price is US$5 million. Fifty percent of the acquisition cost is to be paid in cash over a two-year period and fifty percent is to be paid in TEAM common stock with Rule144 restrictions. The companies have set a deadline of 30 days to finalize the definitive agreement.

Dandelion, recognized as a leading independent distributor of US and European programming in the UK, will become a division of TEAM and will continue to operate under its existing banner. Noel Cronin, founder and chief executive of Dandelion, will retain his existing position overseeing productions, co-productions and acquisitions that carry the Dandelion name, as well as taking on the added responsibilities of managing director of TEAM's European operations which will include the packaging and distribution of TEAM's programs, overseeing co-productions and expansion into Europe while focusing on opportunities that will meet TEAM's corporate growth objectives.

"As part of our corporate mandate to grow globally in both depth and breadth, we are pleased that a company with the prestige of Dandelion is the first acquisition as we establish our presence in the European community," said Levin. "With TEAM's full service production and distribution operation, we intend to capitalize on and expand our reach with global partnerships throughout Europe."

"We are equally delighted that along with the acquisition of Dandelion comes a senior, top-flight management team. Together we will insure continuity and sustained growth for the new operation. Dandelion has long been recognized as a leader in the industry and we are all proud to have them become a part of the TEAM family," added Levin.

"We are delighted to join forces with TEAM. Their senior management's forward thinking made our decision to accept TEAM's proposal a brilliant long-term business strategy," commented Cronin. "We will still function as Dandelion, drawing upon our close working relationships in the UK and throughout Europe. However, we will now have a considerably larger base from which to operate -- a TEAM Europe, so to speak," added Cronin.

TEAM Communications Group, Inc. (Nasdaq:TMTV), is a leading television production and distribution company specializing in family, action, adventure, and reality-based programming for worldwide distribution. The company's latest productions include: "Total Recall 2070" for for Showtime Networks; "Call of the Wild," a dramatic series for Discovery's Animal Planet and "Strange Universe" for Chris Craft/United Television Inc. In addition, TEAM Communications currently distributes over 400 hours of programming internationally. The company's shares trade on NASDAQ and on the Frankfurt and Berlin exchanges under TMTV.

The core business of Dandelion is the distribution of television programming and feature films to broadcasters within the UK, as well as countries within Europe, Africa, the Middle East, Scandinavia and Australia. Currently, Dandelion owns and markets some 2,000-plus hours of film and TV titles, as well as representing other libraries and major producers in key territories. Based in the UK and focused on primarily European productions, Dandelion has also represented US production entities including NBC and New World. Additionally, it has produced or co-produced a number of films, dramatic, and documentary series to which the company has select distribution rights.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this new release (as well as information included in oral statements or other written statements made or to be made by TEAM Communications Group Inc.) contains statements that are forward-looking, such as statements relating to consummation of the transaction, anticipated future revenues of the companies and success of current product offerings. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward-looking statements made by or on behalf of TEAM Communications Group Inc. For a description of additional risks and uncertainties, please refer to TEAM Communications Group Inc. filings with the Securities and Exchange Commission including Forms 10-K and 10-Q.