Key Element Film Fund Will Bring Kazakhstan's Top Investors to Hollywood

Key Element Film Fund Will Bring Kazakhstan's Top Investors to Hollywood

LOS ANGELES, May 31 /PRNewswire/ -- Kazakhstan will soon become the first former Soviet republic to create a multimillion-dollar film investment fund aimed at helping the country become a world-class player in the motion picture industry. The fund will be officially presented during the Key Element Film Investment Conference, which takes place on June 27th, 2006 in Almaty, Kazakhstan.

Key Element, a California-based company, and the office of the Mayor of Almaty are organizing the event. Over fifty of the wealthiest private and institutional investors, including heads of industrial, financial, oil and media conglomerates, will be among the conference's participants. Also attending will be two former Prime Ministers of Kazakhstan, senior government officials, as well as representatives of the country's cultural elite.

The fund will be managed by Key Element, LLC and will be headquartered in Los Angeles. "At this time we plan to focus on low to mid-budget motion picture projects in various stages of development that combine high artistic value with good commercial potential" -- says Donna Kasseinova, the CEO of Key Element.

"The creation of the Key Element Fund is a very important step toward realization our long-term goals, which are developing a vibrant film industry in the Republic of Kazakhstan and raising Kazakhstan's profile on international arena" -- says Mr. Essetzhan Kosubayev, the head of Key Element Kazakhstan and former Minister of Culture, Information and Sport.

ABOUT KEY ELEMENT, LLC

Key Element, LLC was formed in 2003 for the purpose of assisting the Kazakhstani Government in its efforts to develop the country's film industry. The company has offices in Los Angeles and in Almaty, Kazakhstan.

Ms. Donna Kasseinova, the CEO of Key Element, has a long history of building successful US businesses. She has been actively involved in various high profile projects in Kazakhstan since 1998. Ms. Kasseinova also served as the US director of the government-financed Eurasia International Film Festival, one of the country's main cultural events. Ms. Kasseinova is an American of Kazakhstani descent and a long-time resident of Los Angeles. She holds two post-graduate degrees, including an MBA from USC with specialization in entertainment marketing and finance.

For further conference/fund details or to schedule an interview with

Hollywood executives and celebrities who recently visited Kazakhstan as part

of Key Element's delegations, please contact Emil Chiaberi at:

Tel: (310) 746-6666 or Email: info@keyelement.us

Source: Key Element, LLC

CONTACT: Emil Chiaberi of Key Element, LLC, +1-310-746-6666,
info@keyelement.us

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