Statement from Solar Sports

The public is hereby advised that under a License Agreement dated 07 May 2007, Emmanuel "Manny" Pacquiao and MP Promotions, for valuable consideration, granted to Solar Entertainment the exclusive rights to the audio-visual presentation of all bouts of Manny Pacquiao from 07 May 2007 to 06 May 2011.

Manny Pacquiao's attempt to rescind the License Agreement without any factual or legal basis is ill-advised.

All third parties are hereby warned against any tortious interference with the License Agreement. Solar shall avail of all its legal remedies to the fullest extent

against any undue breach of and/or tortious interference with the License Agreement.