Statement Regarding New Lawsuit

RESPONSE TO LAWSUIT FILED BY G&J GROSS, INC.DBA MIKEY FINE PHARMACY AGAINST MICHAEL JACKSON

Regarding your inquiries about an action filed by G & J Gross, Inc., DBA Mikey Fine Pharmacy against Michael Jackson: the issue has been amicably resolved. Mikey Fine Pharmacy has been paid.

This action related to the administration of Mr. Jackson’s finances, which has been transitioned away from Mr. Jackson’s former business managers.

On December 22, 2006, Mr. Jackson filed a lawsuit against his former business managers, Bernstein, Fox, Whitman, Goldman and Sloan, LLP.

Source: Raymone Bain & MJWN