Mr. Derik Murray reports

NETWORK MEDIA GROUP ANNOUNCES RESULTS FOR THE FISCAL YEAR ENDED NOVEMBER 30, 2014

Network Media Group Inc. is releasing its results for the three and 12 months ended Nov. 30, 2014.

The company reported a loss of $103,384 (nil per share) for the year ended Nov. 30, 2014, compared with a loss of $1,063,509 (two cents per share) for 2012. For the three months ended Nov. 30, 2014 (fourth quarter), the company recorded income of $94,119 (nil per share), compared with a loss of $385,139 (one cent per share) for the fourth quarter of 2013.

The improved results are directly attributable to the increased levels of production that Network has experienced over the year. It released two icon documentaries, "I am Steve McQueen" and "I am Evel Knievel," and commenced production on two others during the year.

Executive chairman Robert Pirooz commented: "Our focus on expanding our customer base for our content in the United States and internationally has resulted in interest and sales of icon documentaries to additional U.S. broadcasters that we hadn't worked with before, giving us more outlets for our films and the resulting increase in production and revenues."

A more detailed analysis of the other components of the company's performance can be found in its management discussion and analysis as filed on SEDAR.

We seek Safe Harbor.