• Revenue up 312% to $5,846,163 vs. 2007 revenue of $1,876,488
• Profit After Tax increased by 411% to $1,495,892 vs. 2007 profit of $363,922
• Primary EPS up 356% to 28.75 cents vs. 2007 basic EPS of 8.10 cents

Operational highlights include:

• 2 films delivered during the reporting period compared to none in the first six months of 2007 and 2008.
• US video release of “Noise and Deal”

Other highlights:

• Seven Arts common stock commenced trading on The NASDAQ Capital Market® in February of 2009.

Peter Hoffman, Chief Executive, commented: “We are delighted with the improvements compared to last year, and we anticipate further progress in the second half.”

About Seven Arts:

Seven Arts Pictures plc (“SAP,” “7 Arts” or the “Company”) was founded in 2002 as an independent motion picture production and distribution company engaged in the development, acquisition, financing, production, and licensing of theatrical motion pictures for exhibition in domestic (i.e., the United States and Canada) and foreign theatrical markets, and for subsequent worldwide release in other forms of media, including home video and pay and free television.

Forward-Looking Statements

Forward-looking statements contained in this press release are made under the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from the anticipated.

Seven Arts Pictures plc UK contact:
Elaine New
+44-203-006-8222
elainenew@7artspictures.com

or

Seven Arts Pictures US contact:
Peter Hoffman
+1-323-692-5010
phoffman@7artspictures.com

A copy of the earnings release and accompanying statement from management will be available on the company’s website at www.7artspictures.com.

About Seven Arts:

Seven Arts Pictures plc (“SAP,” “7 Arts” or the “Company”) was founded in 2002 as an independent motion picture production and distribution company engaged in the development, acquisition, financing, production, and licensing of theatrical motion pictures for exhibition in domestic (i.e., the United States and Canada) and foreign theatrical markets, and for subsequent worldwide release in other forms of media, including home video and pay and free television.

Forward-Looking Statements

Forward-looking statements contained in this press release are made under the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from the anticipated.

Seven Arts Pictures plc UK contact:
Elaine New
+44-203-006-8222
elainenew@7artspictures.com

or

Seven Arts Pictures US contact:
Peter Hoffman
+1-323-692-5010
phoffman@7artspictures.com

Source: Marketwire (February 17, 2009 – 9:00 AM EST)

Peter Hoffman, CEO of Seven Arts, commented, “The NASDAQ Capital Market® is viewed by many as the leading exchange for growth stocks. We are very pleased NASDAQ approved listing our common stock and we believe this move will enhance the visibility of our stock and provide improved access to institutional and retail investors.”

About Seven Arts:

Seven Arts Pictures plc (“SAP,” “7 Arts” or the “Company”) was founded in 2002 as an independent motion picture production and distribution company engaged in the development, acquisition, financing, production, and licensing of theatrical motion pictures for exhibition in domestic (i.e., the United States and Canada) and foreign theatrical markets, and for subsequent worldwide release in other forms of media, including home video and pay and free television.

Seven Arts Pictures plc UK contact:
Elaine New
+44-203-006-8222
elainenew@7artspictures.com

or

Seven Arts Pictures US contact:
Peter Hoffman
+1-323-692-5010
phoffman@7artspictures.com

Stocks Give Back Some of Last Weeks Huge Gains

A strong rise in energy stocks is helping to offset weakness in financials and telecom and shares have erased much of their early losses. There is nothing specific to account for the modest volatility as traders balance expectations of more stimulus with nagging fears that this recession will be longer and deeper than many prior downturns.

Wall Street found encouragement from a government report that construction spending fell less than forecast. The Commerce Department said construction spending dropped by 0.6 percent in November, half the 1.3 percent decline Wall Street expected.

In midmorning trading, the Dow Jones industrial average fell 71.28, or 0.79 percent, to 8,963.41.

Broader stock indicators also declined. The Standard & Poor’s 500 index fell 7.10, or 0.76 percent, to 924.70, and the Nasdaq composite index fell 19.65, or 1.20 percent, to 1,612.56.

On Friday, the Dow shot up more than 250 points to its first close above 9,000 in two months. Last week, all the major indexes gained more than 6 percent, furthering a rally off multiyear lows that began Nov. 20.

Bond prices pulled back Monday. The yield on the benchmark 10-year Treasury note, which moves opposite its price, rose to 2.45 percent from 2.39 percent late Friday. The yield on the three-month T-bill, considered one of the safest investments, rose to 0.09 percent from 0.07 percent.

The dollar mixed against other major currencies, while gold prices fell.

Crude oil prices rose 96 cents to $47.30 a barrel on the New York Mercantile Exchange.

Yesterday’s Top Performing SmallCapVoice.com stocks:

Seven Arts Pictures plc (OTC BB: SAPXF) was yesterday’s SmallCapVoice.com top performer moving up over 56% on trading volume of 16,000 shares.

Today’s SmallCapVoice.com Hot Stock to Watch:

Capital City Energy Group, Inc. (OTC BB: CETG) is today’s hot stock to watch.

Capital City Energy Group, Inc. announced that as of December 31, 2008 it has completed the acquisition of Hotwell Services Inc., or “Hotwell” an emerging oilfield service company operating in the Appalachian Basin. Capital City purchased Hotwell for $5 million (USD), through the issuance of 2.78 million shares of restricted common stock valued at $1.80 per share. Based on current projections, Hotwell could add an additional $2,000,000 in gross revenue per month and $700,000 per month in net cash flow for 2009.

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