Spackman Equities Group Inc. (TSX VENTURE:SQG) ("SEGI" or the "Company") is
pleased to announce that it has completed its previously announced acquisition
of 55% of the issued and outstanding shares of Team Vision International Limited
("TVIL") in exchange for the issuance of 30,475,500 common shares of the Company
at a deemed price of $0.15 per share (the "Transaction"). The common shares
issued in connection with the transaction have a hold period in Canada until May
10, 2012.


TVIL holds 93% of Opus Pictures Co., Ltd. ("Opus") and 92.996% of Zip Cinema
Co., Ltd. ("Zip"). The Company also indirectly holds a 7.0% equity ownership in
Opus and a 7.004% equity ownership in Zip through its 100% interest in Gold
China Technologies Limited. Opus and Zip are engaged in the production and
distribution of theatrical motion pictures in the Republic of Korea and other
overseas markets.


Charles Spackman, Martin Mohabeer and Richard Lee, currently directors of SEGI,
will join the board of directors of TVIL. The other directors of TVIL are Tae
Hun Lee and Yoo Jin Lee.
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