(BARCELONA, Spain) -- Private Media Group Inc., (Nasdaq: PRVT - news) worldwide leader in premium-quality adult entertainment products, services and Internet content, today announced that John Millerman, one of the Company's movie directors, has been nominated for a prestigious Nebula Award(TM) by the Science Fiction and Fantasy Writers of America Inc. for one of the Company's most ambitious productions to date, 'The Uranus Experiment, Part 2,' which is available on VHS video and DVD formats, as well as via the Company's flagship website, www. private.com. The awards ceremony will take place in New York City on May 20, 2000.

Nominated in the 'Script' section, 'The Uranus Experiment, Part 2' (Private Media Group Inc.) has three rivals for a Nebula Award(TM): Larry and Andy Wachowski's 'The Matrix' (Warner Bros.), M. Night Shyamalan's 'The Sixth Sense' (Hollywood Pictures), Brad Bird and Tim McCanlies' 'The Iron Giant' (Warner Bros.) and Robert J. Avrech's 'The Devil's Arithmetic' (Showtime Television).

Previous winners of Nebula Awards(TM) include Isaac Asimov, Arthur C. Clarke, Mel Brooks and Gene Wilder, William Gibson, Joe Haldeman, Anne McCaffrey and Frank Herbert. The SFWA was founded in 1965 and has over 1,200 members, many of whom are among the world's leading writers of science fiction and fantasy.

The leading publicly-quoted adult entertainment company in the world, Private Media Group Inc., is the founder of the globally established brand name 'Private' and has positioned itself in the marketplace with a visionary management strategy that combines both New Economy (Internet, multimedia, e-commerce) and Old Economy (videos, magazines) business models. Maintaining a total adult lifestyle philosophy, this is reflected in the Company's broad range of products and services, both proprietary and licensed, and its strategic policies of development, diversification and acquisition.

For more information, visit the Company's corporate Web site at www. prvt.com

Other adult industry companies include Playboy Enterprises Inc. and New Frontier Media.

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.

CONTACTS: In Barcelona, Spain: Johan Gillborg of Private Media Group Inc., +34-93-590-7070, johan@milcap.es; or in London, England: Adam Reynolds of Hansard Communications.Com, 207-840-7782, adam.hansard@clsholdings.com