MOTION PICTURE & TELEVISION FUND ANNOUNCES CONSOLIDATION OF LONG TERM CARE RESIDENTS

Residents on Wasserman Campus to join under single roof

WOODLAND HILLS, CA, May 11, 2010 — The Motion Picture & Television Fund (MPTF), a non-profit organization that provides health and social services to more than 60,000 members of the Southern California entertainment industry, today announced the consolidation of its Long Term Care residents into the Skilled Nursing Facility on its Wasserman Campus. Affected by this move will be 25 Long Term Care residents currently accommodated in the Pavilion, a campus building dating back to 1961. They will join the other 29 Long Term Care residents in the newer and more contemporary Skilled Nursing Facility. Of the 54 residents remaining in Long Term Care, 37 are industry members and 17 are parents of industry members. MPTF plans to complete the campus consolidation by June 18.

“This is the next phase in our plan to close our Long Term Care operation,” said Bob Beitcher, president and CEO of the Motion Picture & Television Fund. “In all respects, the Skilled Nursing Facility is a better living space for our LTC residents than the nearly 50-year-old Pavilion and will enable us to provide more spacious accommodations and enhanced socialization opportunities for all residents. Continuity of care will be provided by the primary LTC caregivers as well as the social worker and activities staffs who will follow the residents to their new accommodations.”

Beitcher added that “from an operational perspective, it will help us maintain our high-level of service and run Long Term Care more efficiently and cost-effectively. We are still expecting to incur shortfalls in 2010 of more than $10 million. Our staff is continuing to work with residents and their caregivers to identify other acceptable accommodations in the community prior to the closure of Long Term Care.”

MPTF is also in the final stages of closing the Acute Care Hospital and expects to announce the exact closure date within the next few months. The assisted and independent living facilities at MPTF, including the Country Home, will be unaffected by any of these changes. They remain a vital part of the Fund’s mission of “taking care of our own” and house more than 200 industry seniors on the Wasserman Campus.

For nearly 90 years, the Motion Picture & Television Fund has served California’s entertainment community. The non-profit organization provides healthcare, independent and assisted living, memory care, retirement care, childcare, financial support and charitable social services to more than 60,000 entertainment industry professionals every year. MPTF is a leader in the development and implementation of services and programs for senior citizens. For more information, visit www.mptvfund.org.