PRESS RELEASE

INTERNATIONALLY RENOWNED
ARTIST, WRITER AND COMPOSER
IVA DAVIES OF ICEHOUSE
INKS DEAL WITH KOBALT

NEW PUBLISHING BUSINESS MODEL ATTRACTS MAJOR TALENT

Kobalt Music Group (Kobalt) today announced the company has signed an exclusive, worldwide administration deal with internationally acclaimed artist, songwriter and composer Iva Davies, best known for the multi-million selling hits of his band ICEHOUSE and as the composer of the score for the Academy Award winning film, Master and Commander: The Far Side of the World.

Through the new deal with Davies, Kobalt will globally represent all new and previously released works including the entire ICEHOUSE catalog and other compositions written by Iva for film and theatre. Kobalt's worldwide synch and creative team will also work with Davies and his team to exploit the catalog for use in film, TV, advertising, games and in other areas where the songs have not previously been utilized.

"I'm really excited about the prospect of being involved with Kobalt as I move to the next phase of my career," said Iva, "Having only been with one publisher throughout my career this was a big step to make. What impressed me most was the Kobalt team's new and different way of approaching publishing: their transparency, enthusiasm and creativity sees them firmly engaged in new models for the 21st century in order to benefit the writers and artists they work with."

Simon Moor, MD of Kobalt Music Australia, commented: "Iva and ICEHOUSE occupy a unique space in the Australian creative landscape with broad career achievements not equaled by any other Australian, and very few international, writers. To be able to work with a writer and artist of Iva's calibre is an honour. Great music stays with you for life and whether it is the ICEHOUSE anthem "Great Southern Land" or the hauntingly powerful score from Master And Commander, Iva's music has always and will continue to inspire and entertain across generational and stylistic boundaries. Like the country he writes about frequently, his works are timeless."

Aside from Iva Davies' international recognition around the film score for Master and Commander: The Far Side of the World, the ICEHOUSE catalog also includes such hits as "Crazy" and "Electric Blue" (both of which reached Top 10 on Billboard's U.S. singles chart), the European No.1 "Hey Little Girl" and the alternative Australian national anthem, "Great Southern Land."

ICEHOUSE has produced eight Top 10 albums and twenty Top 40 singles in Australia, with album sales of over 28 times Platinum in Australasia alone. The band was inducted into the 2006 ARIA Hall of Fame and has won multiple ARIA awards.

The new deal with Davies is the second major Australian signing announced by Kobalt, the leading global independent publisher which recently opened a Sydney office and expanded its offerings in the territory, introducing its innovative transparent and efficient model. The company also signed Art vs Science in November.


Pictured at the signing (left to right) are: Simon Moor, Managing Director of Kobalt Music Australia; and Iva Davies.

About Kobalt Music Australia

Kobalt Music Publishing Australia Pty. Ltd (Kobalt Music Australia) is part of Kobalt Music Group Ltd. which has over 90 employees in seven offices worldwide. In Sydney, Moor and his team work closely with Kobalt's roster of global clients in the Australian market to represent them in both a creative capacity and administration. Kobalt's advanced online music publishing administration system provides unparalleled transparency, global copyright administration, weekly online balances, royalty tracking and analysis, real-time duplicate claims reports, works summaries, live synch tracking, product tracking, digital collections data, pipeline advances and more. Kobalt's 900+ clients include superstars Gwen Stefani, Kid Rock, LCD Soundsystem, Pearl Jam, Beck, Rufus Wainwright, Moby, Dave Stewart, Kelly Clarkson, Kid Cudi, Herbie Hancock, Roxette among others. For more information on Kobalt Music Australia contact simon.moor@kobaltmusic.com or go to www.kobaltmusic.com.

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Kobalt Contact: Rebekah Alperin, Sr. VP of Communications and Marketing - Worldwide rebekah.alperin@kobaltmusic.com Tel. +1.310.770.1045


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