Mr. Bennett is seeking to inspect Metromedia's records to determine whether John W. Kluge, the company's Chairman, and Stuart Subotnick, Vice-Chairman, President and Chief Executive Officer, have breached their fiduciary duties by engaging in related party transactions or by otherwise unfairly profiting from Metromedia International at the expense of its public shareholders. Metromedia International continues to deny Mr. Bennett's lawful access to company records.

"We gave Metromedia's management every opportunity to work with us; instead they chose to thwart our efforts to exercise the rights granted to all shareholders. They have left us with little option other than to seek due process," said Richard Bennett.

Metromedia International Group, Inc. is a global communications and media company operating telephony and television businesses in Eastern Europe, the republics of the former Soviet Union and other emerging markets. The company also owns the lawn and garden equipment manufacturer, Snapper, which it has called a "non-core" asset.

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