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Nets Basketball - Press Release

NETS Johnson Hosts Coaches Circle Suite Connector Program

Hosts Dinner for 20 New York Business Executives

January 13, 2011

NEW YORKNETS Basketball Head Coach Avery Johnson, Forest City Ratner Companies Chairman and CEO Bruce Ratner, the Barclays Center developer, and NETS CEO Brett Yormark hosted 20 New York area business executives at the tip-off dinner to the Coaches Circle Suite Connector Program at the Barclays Center Showroom in midtown Manhattan this week.

The dinner offered an opportunity for Coach Johnson to share his vision for the NETS, and for Ratner and Yormark to provide details on the Barclays Center in Brooklyn, the timeline for its opening, and the diversified programming for the world-class venue. The dinner was the first of many to take place in this exclusive setting.

In learning more about the Barclays Center and its unique suite offerings, such as the 16-seat Brownstone suites and 10-seat Loft suites, business executives in attendance will now serve as a conduit to other influencers in the business community for potential suite sales, and will be utilized as a sounding board for the arena.

Our Coaches Circle Suite Connector Program is an exciting opportunity to broaden the relationships of the Barclays Center and the NETS with the New York area business community, said Yormark. Coach Avery and Mr. Ratner did a terrific job in sharing their vision for the team and arena, respectively. This program is an important resource for us to help drive our business forward as we prepare for the exciting opening of the Barclays Center in late spring, early summer 2012.

In addition to the NETS, the Barclays Center will provide unprecedented volume and variety in sports and entertainment programming. The Barclays Center has formed several major alliances with top event management companies and promoters to bring the best events to the Brooklyn venue such as: IMG, which will bring approximately 25 major college basketball and college hockey events annually; Golden Boy Promotions, whose president is 10-time World Champion Oscar de la Hoya, which will promote a minimum of 12 major professional boxing events a year; Lagardre Unlimited, which will stage professional tennis events annually; and Feld Entertainment, the worlds largest source of live family entertainment, which will stage a range of top family event including Ringling Bros. and Barnum & Bailey Circus, Disney On Ice, and Disney Live!.

About the Barclays Center

The state-of-the-art Barclays Center, to be located at Atlantic and Flatbush Avenues, will host more than 200 events annually, including professional and collegiate sports, major concerts, family shows, NETS Basketball, and more. Scheduled to open in late spring, early summer 2012, the arena will offer 18,500 seats for basketball and up to 19,500 seats for concerts, and will also have 104 luxury suites, including 15 Brownstone Suites (16 seats each), 68 Loft Suites (10 seats each), 11 Cabana Suites, six Studio Suites, and four Party Suites. The arena will also include six clubs and restaurants.

The Barclays Center, designed by the award-winning architectural firms Ellerbe Becket <http://www.ellerbebecket.com/> and SHoP Architects <http://www.shoparc.com/> , will be one of the most intimate seating configurations ever designed into a modern multi-purpose arena, with unparalleled sightlines and first-class amenities.

In addition to Barclays, the naming rights partner, the Barclays Center currently has 12 major partners, including: ADT, Cushman & Wakefield, Stolichnaya, EmblemHealth, MetroPCS, MGM Grand at Foxwoods, Willis, Jones Soda, Haier America, Phillips-Van Heusen, Anheuser-Busch, and High Point Solutions.

Nine subway lines and the Long Island Rail Road will be accessible at the base of the Barclays Center.

For more information on the Barclays Center log on to www.barclayscenter.com

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