MaxWorldwide Declares Distribution

SANTA MONICA, Calif., April 7, 2008 /PRNewswire-FirstCall/ -- MaxWorldwide, Inc. , announced that the Board of Directors declared on April 2, 2008, a distribution of $0.40 per share of common stock outstanding, payable on May 15, 2008 to stockholders of record as of April 15, 2008. The distribution is being made in connection with the Plan of Liquidation and Dissolution previously adopted by the company.

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Source: MaxWorldwide, Inc.

CONTACT: Peter Huie, MaxWorldwide, Inc., phuie@maxworldwide.com

2008-04-07 21:02:40 0330138 PRNEWSWIRE