Industry News :: Jeffrey Katzenberg to Present at Merrill Lynch Media & Entertainment Conference

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GLENDALE, Calif., Sept. 13 /PRNewswire-FirstCall/ -- DreamWorks Animation
SKG, Inc. (NYSE: DWA), today announced that Jeffrey Katzenberg, DreamWorks
Animation's CEO, will participate in the Merrill Lynch Media & Entertainment
Conference being held September 13-15, 2005 at the Ritz Carlton Hotel in
Pasadena, California. Mr. Katzenberg is scheduled to present on Wednesday,
September 14, 2005 at 9:45 a.m. PT.
An audio webcast of the presentation will be available at the company's
website at Dreamworkssanimation.com.

About DreamWorks Animation SKG
DreamWorks Animation is principally devoted to developing and producing
computer generated, or CG, animated feature films. With world-class creative
talent, a strong and experienced management team and advanced CG filmmaking
technology and techniques, DreamWorks Animation makes high quality CG animated
films meant for a broad movie-going audience. The company has theatrically
released a total of nine animated feature films, including "Antz," "Shrek,"
"Shrek 2," "Shark Tale" and "Madagascar." DreamWorks Animation's next release
is "Wallace & Gromit: Curse of the Were-Rabbit," which is scheduled to open on
October 7, 2005.

Caution Concerning Forward-Looking Statements
This material includes certain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. Information
concerning our plans, strategies and prospects as well as the release dates of
films and anticipated talent, directors and storyline for such films
constitute forward-looking statements. These statements are based on current
expectations, estimates, forecasts and projections about the industry in which
we operate, management's beliefs and assumptions made by management. These
statements are not guarantees of future performance and involve risks,
uncertainties and assumptions which are difficult to predict. Therefore,
actual outcomes and results may differ materially from what is expressed in
such forward-looking statements. The production, completion and distribution
of animated feature films for our theatrical, home video and direct-to-video
releases are subject to a number of uncertainties, including delays and
increased expenditures due to creative problems, technical difficulties,
talent availability, accidents, natural disasters or other events beyond our
control. Because of these uncertainties, the projected costs of an animated
feature film at the time it is set for production may increase, the date of
completion may be substantially delayed or the film may be abandoned due to
the exigencies of production. Delays in production may also result in a film
not being ready for release at the intended time and postponement to a
potentially less favorable time, which could result in lower gross receipts
for that film. In extreme cases, a film in production may be abandoned or
significantly modified (including as a result of creative changes) after
substantial amounts have been spent, causing the write-off of expenses
incurred with respect to the film. Our actual results may vary materially
from those expressed or implied by the statements herein due to changes in
economic, business, competitive, technological and/or regulatory factors, and
other risks and uncertainties affecting the operation of the business of
DreamWorks Animation. These risks and uncertainties include: audience
acceptance of our films, our dependence on the success of a limited number of
releases each year, the increasing cost of producing and marketing feature
films, piracy of motion pictures, the effect of rapid technological change or
alternative forms of entertainment and our need to protect our proprietary
technology and enhance or develop new technology. For a further list and
description of such risks and uncertainties, see the reports filed by us with
the Securities and Exchange Commission (SEC), including our annual report on
Form 10-K for fiscal year 2004 and our quarterly reports on Form 10-Q for the
first and second quarters of 2005. DreamWorks Animation is under no obligation
to, and expressly disclaims any obligation to, update or alter its
forward-looking statements, whether as a result of new information, future
events, changes in assumptions or otherwise.