Portland, ME, February 12, 2001 – Lens Investment Management, LLC, the shareholder activist investment specialist, will hold a meeting for shareholders of Metromedia International Group, Inc. (AMEX: MMG), the global communications company founded and chaired by John W. Kluge.  The shareholder meeting will take place Wednesday, February 14 at 9 am in New York City’s Marriott Marquis Hotel, 1535 Broadway, New York City. 

Shareholders interested in attending in person should register by contacting Lens at (207) 775-4296.  Shareholders wishing to participate by conference call should call toll-free (888) 273-9890 or for international callers (612) 332-1025 at the time of the meeting.

Press are invited to attend, and should register by contacting Scott Sunshine or Carol Crane at TowersGroup, Lens’s public relations counsel at (212) 354-5020.

Lens (www.lens-inc.com), founded in 1991 by Robert A.G. Monks as an investment management firm, was among the first fund managers to take an active role in corporate governance.  Over the past decade, Lens, which operates no longer as an investment manager, but rather as a specialist in investor activism, has succeeded in increasing the value of shareholders’ investment in companies that include Scott Paper, American Express, Eastman Kodak and Pioneer Group.

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