LOS ANGELES, Oct. 9 /PRNewswire-FirstCall/ -- Santa Monica Media Corporation (AMEX:MEJ.U), announced today details related to its assets being held in trust. The trust assets are held in a trust account at RBC Wealth Management (a division of RBC Capital Markets Corporation) with Continental Stock Transfer & Trust Company as trustee. Primarily all of the trust's total assets are invested in U.S. Treasury Bills, with an immaterial amount (approximately 0.1%) invested in the Tamarack US Government Money Market Fund (CUSIP: TUGXX). The Tamarack fund is participating in the U.S. Treasury temporary guarantee program for money market funds. DATASOURCE: Santa Monica Media Corporation CONTACT: Santa Monica Media Corporation, +1-310-526-3222, or Fax, +1-310-571-0755

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