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Robert F.X. Sillerman, CEO of SFX Entertainment, Engages the Services of Barclays Capital Inc. and Jefferies LLC as Advisors in His Proposal to Take SFX Entertainment Private

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Robert F.X. Sillerman, Chief Executive Officer and Executive Chairman of the Board of Directors of SFX Entertainment Inc. (NASDAQ:SFXE) , today announced that he has engaged the services of two firms, Barclays Capital Inc. and Jefferies LLC, to assist him as financial advisors in his proposed acquisition of all of the outstanding shares of the company’s common stock not already owned by him.

Mr. Sillerman had originally announced the proposed acquisition in a news release dated February 25, 2015 [ ].

As stated in the February 25, 2015 news release, any stockholders who wish to retain their equity interests in the company would have the opportunity to do so and remain as investors — alongside Mr. Sillerman — in the company.

“I have put forward a proposal that offers substantial value and flexibility to all shareholders,” Mr. Sillerman also stated in the February 25 news release.

Additional information

An agreement in respect of the transaction described in this release has not yet been executed, and this release is neither a solicitation of a proxy nor an offer to purchase nor a solicitation of an offer to sell shares of the Company’s common stock nor a substitute for any filings that may be made with the Securities and Exchange Commission (SEC) should the proposed transaction go forward. Any solicitation will only be made through materials filed with the SEC. The Company’s stockholders are strongly advised to read such materials when they become available because they will contain important information about the transaction and the Company. Once filed, these documents will be available at no charge on the SEC’s website at

Cautionary statement

Statements in this document represent the intentions, plans, expectations and beliefs of Mr. Sillerman and involve risks and uncertainties that could cause actual events to differ materially from the events described in this release, including risks or uncertainties related to whether the proposed transaction will be completed, as well as changes in general economic conditions, stock market trading conditions, government regulation, and changes in the business or prospects of the Company. These factors, as well as factors described in Mr. Sillerman’s and the Company’s SEC filings are among the factors that could cause actual events or results to differ materially from Mr. Sillerman’s current expectations described in this release.

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