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Star Entertainment Authorizes Transfer Agent to Deliver Declared Stock Dividend & Issues Shareholder Update

FT. LAUDERDALE, Fla. May 18, 2012 March 20, 2012

May 21, 2012 June 1

In anticipation of new growth opportunities and as a loyalty benefit to all shareholders, the Company had voted to pay all shareholders on record, a stock dividend of 3 new shares will be issued for every 100 owned.

May 18th, 2012 May 18th, 2012

June 1st, 2012

The Company had previously announced that Tranzistor Systems released its BETA Tranzistor Radio application to the Android Market and will soon have its iPhone app in the Apple Store pending Apple’s final review of the technology.

Internet radio is seeing explosive growth. According to just-released survey data from Edison Research and Arbitron, 103 million Americans are now accessing online radio in some form, in any month.

The Company previously announced the signing of a Letter of Intent to acquire Tranzistor Systems Inc., a company engaged in mobile music entertainment products and services including internet radio, fan applications, and eCommerce products.

Tranzistor Systems offers a difference in internet radio through its programmed approach and will shortly begin the rollout of its network and stations. Upon full rollout, Tranzistor Radio will offer many options in programming from country, cooking, rock, alternative, and many more. Tranzistor Radio will also be Bluetooth-compliant and be automotive-ready.

www.tranzistorradio.com

$10,000,000

State of Nevada

[email protected]

SOURCE Star Entertainment Group, Inc.

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