Kings Official Media Release

SACRAMENTO, CA, February 10, 2011 -- “The Kings organization spoke with David Taylor and will provide him with the studies, research and documents done during the course of the last 11 years on the feasibility of a new sports and entertainment facility. During that time, the organization has contributed several million dollars to pay for and support traffic and engineering studies, architectural plans and other studies as well as consultants, lawyers and architects. The organization will have no further public comment on the process at this time, and will continue to focus each day on improving the basketball team.”

About Maloof Sports & Entertainment:
Maloof Sports & Entertainment includes the Sacramento Kings and ARCO Arena. Owned by the Maloof family with long-term, local partners, the organization is committed to being a contributing member of the Sacramento community. Teaming up with local leaders and non-profit organizations to give back to those in need throughout the region, MS&E has donated millions of dollars to charity in 11 years of Maloof family ownership. For more information about Maloof Sports & Entertainment, please visit kings.com, arcoarena.com or call 916-928-0000.