CAMELOT ANNUAL STOCKHOLDER MEETING RESCHEDULED FOR JUNE

Meeting Moved to Accommodate Market Participation

Universal City, CA – (March 24, 2011) Camelot Entertainment Group, Inc. (OTCBB: CMGR) (“Camelot”) announced today that its 2011 Annual Stockholder Meeting has been preliminarily rescheduled for June 2011. The meeting, originally planned for the end of the month, has been rescheduled to accommodate Camelot’s growing presence at upcoming international markets. Camelot will be participating at MIPTV in April as well as the Marche du Film at the Cannes Film Festival in May.

Additional details will be released as the meeting date approaches.

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