'E.T.' DVD Release Caps Unprecedented 18-Month
            Multi-Million Dollar Marketing Campaign by Studio

      Limited Collector's Edition Includes Exclusive Introduction By
   Steven Spielberg, New Cast Interviews, Digitally Re-mastered Score,
              Exclusive Deleted Scenes, and Other Highlights

UNIVERSAL CITY, Calif., June 6 /PRNewswire/ -- For the first time ever, Universal Studios Home Video will release "E.T. the Extra-Terrestrial," the third highest-grossing domestic film of all time, on DVD for a limited 10-week period beginning October 22, 2002.

The long-awaited, must-have title for every DVD library, the "E.T. Limited Collector's Edition DVD," a two-disc set featuring the 2002 theatrical version will be available in either widescreen or full-frame for $22.95 Minimum Advertise Price (MAP) each. Additionally, the "E.T. Ultimate Collector's Gift Set," which includes the original theatrical version, the 2002 theatrical version, a CD soundtrack, a script from the original feature and a collectible senitype will be available for $69.98 Suggested Retail Price (SRP). The VHS full-frame version will be priced at $14.95 MAP.

The two-disc set contains the 2002 theatrical version of the film released nationwide this past Spring. This version includes two previously deleted scenes: "E.T. in the tub" and "E.T. drinks a Coke." In addition, enhanced CGI visual effects that provide new expressive enhancements to E.T. running from discovery in the opening sequence, the famous flying bicycle segment, and scenes of the alien spaceship. John Williams' original Oscar(R)-winning score has also been re-mastered in DTS & Dolby 5.1 Surround and the live performance of the score, performed for the historical 20th Anniversary premiere held in Los Angeles, will also be included as an industry first. Other DVD highlights include a new interview with director Steven Spielberg, a reunion of the cast and crew, the evolution of the "E.T." character and Universal Studios Total Axess, a DVD ROM feature offering additional elements.

Universal Studios Home Video is planning massive television, print, billboard, and online advertising for the title as the must-have family release of year. Additional awareness will be created via promotional tie-ins with nationally recognized brands Wendy's, Kodak and Toyota.

"'E.T.' is the must-have family film and one of the most requested titles not yet available on DVD," said Craig Kornblau, president, Universal Studios Home Video. "By the end of this year, it's projected that over 35 million households will have DVD players, making this the perfect time for consumers to take 'E.T.' home on DVD."

One of the Most Requested DVDs of All Time

The Ultimate Collector's DVD edition will include a wide-screen version of the 2002 film, the original 1982 theatrical release, a bonus features disc, a complete script, the remastered CD soundtrack and a collectible senitype.

Directed by Steven Spielberg and winner of four 1982 Academy Awards(R), including "Best Visual Effects," "Best Original Score," "Best Sound Effects Editing" and "Best Sound," "E.T." has remained one of the most requested DVD titles since the debut of the format. Prized by millions of fans waiting to add this evergreen collectible to their home entertainment libraries, the popularity of "E.T." was recently extended during a theatrical re-release in Spring 2002, bringing the film's total domestic box-office record soaring to over $432 million, making it the third most popular film in history. The title premiered on home video in October 1988 and has been on moratorium since May 1997.

Synopsis

Winner of four Academy Awards(R), including "Best Visual Effects," "Best Sound Effects," "Best Music," and "Best Sound," "E.T. The Extra-Terrestrial" is the heart-warming family classic from director Steven Spielberg. When an alien (E.T.) is inadvertently left behind on earth, he finds refuge with youngster Elliot (Henry Thomas). As Elliot and E.T. bond as friends, it soon becomes clear that E.T. must find his way home before government officials capture him for study. Together, E.T, Elliot, and Elliot's family and friends help reunite E.T. with his spaceship.