Camelot Entertainment Group, Inc. (BULLETIN BOARD: CMLT) ("Camelot") announced today that it has begun the process of identifying potential locations in San Diego, California for its second studio project in Southern California. Camelot Studio Group, the Company's division responsible for the development of the planned studio projects, has been working on identifying and selecting a site in Orange County, California to replace the original Tustin, California location for its first studio development.

The proximity of San Diego to Orange County and Los Angeles was a key factor in selecting the San Diego area for the Company's next studio project. Preliminary discussions have already begun for one potential location, and Camelot has received several inquiries regarding possible locations for the studio development.

Further details about the San Diego project are expected to be released once Camelot has selected an executive to lead the project team.

About Camelot Entertainment Group, Inc.: Camelot Entertainment Group, Inc. is a US publicly traded company (symbol "CMLT") with three major divisions: Camelot Film Group, Camelot Studio Group and Camelot Production Services Group. Camelot is building a different kind of motion picture studio infrastructure by redefining the development, financing, production, and distribution process. Creating a world where filmmaking dreams come true, Camelot integrates early studio models, education, new technologies and fiscal responsibility to acquire, develop, finance, produce, market and distribute high quality commercial motion pictures, television and digital media. For general information about Camelot Entertainment Group, Inc., please visit the Company's web site at www.camelotfilms.com [1].