(BARCELONA, Spain) -- Private Media Group Inc. (Nasdaq: PRVT - news), a leader in high-class adult entertainment products and services since 1965 and the first such company trading on the Nasdaq National Market, today announced that the Company has received 18 nominations in two separate awards ceremonies to be hosted by the highly influential U.S. industry trade magazine, Adult Video News. Since the Company began releasing movies in 1992, it has won 14 AVN awards.

For the traditional AVN awards ceremony, to be held in Las Vegas on January 8, 2000, Private has been nominated for 13 awards in seven different categories, including Best DVD, Best DVD Extras (technical), Best Overall Marketing Campaign/Company Image, Best Director, Best Scene, Best Foreign Vignette Tape and Best Foreign Feature.

Three days later, also in Las Vegas, Adult Video News hosts its 2nd Annual Adult Internet Awards. Private Media Group has received five nominations in five separate categories, including Best Overall Adult website (www. private. com), Best Commerce/Retail Website (http://shop. private. com), Best E-zine, Best Photography (www. privategold. com) and Best Adult Hardcore Website (www. private. com).

For over 16 years, Adult Video News has been the trade ``bible'' of the adult entertainment industry. Each monthly edition contains over 200 adult video, DVD and hardware reviews; plus industry news and gossip, interviews with top directors and stars, company profiles, sneak previews, behind-the-scenes coverage and trade-specific sections which cover issues such as legal commentary.

Private Media Group Inc. commenced operations in 1965. Its primary business activities today include the creation, refinement and delivery of proprietary Internet sites and the licensing of its library content and brand name for Internet sites and broadcasting transmission; the acquisition, refinement and delivery of adult feature products, including unrated and adult feature DVDs, magazines, videos, and CD-ROMs; the distribution and licensing of Private's total proprietary product range on the Internet, including DVDs, magazines, videos, interactive services and the Private Circle fashion line; the licensing of its internationally reputable brand name for product lines, including adult novelty product ranges such as Private Collection; the production and control of distribution rights to its Private Dynamite energy drink; and TV Home Shopping for Private's proprietary and licensed products.

For more information visit the Company's corporate website at www. prvt. com.

This release contains, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company's current judgments of those issues. However, because those statements are forward-looking and apply to future events, they are subject to such risks and uncertainties, which could lead to results materially different than anticipated by the Company.

SOURCE: Private Media Group Inc.