Attiva Capital: Current RHI Entertainment Plan Unfair

ITEM 4. Purpose of Transaction

The Reporting Person ("Attiva Capital Partners, Ltd.") believes that the current plan unanimously approved by both the lenders (led by " J.P. Morgan Chase & Co"), the Management of the Company ("the Halmis") and its Advisors ("Rothschild, Inc.") doesn't take into account the real value of the library and the value of stock.

On the contrary, the plan takes advantage of a temporary downturn knowing that, as specified in the filings ( ) , the business model of RHI Entertainment and the debtors worked out well in the past and may do so in the future especially in a scenario where there is increasing demand for content coming from streaming media companies and this should improve the economics of the RHI's business.

At the same time, the plan rewards mismanagement and penalizes those investors that believed and still do in the turnaround of the company and trusted the research presented by the same financial institution during the same period that the meltdown started (2008). The same institution that is today , together with the management team, taking the company away from equity holders.

The reporting person believes that the Bankruptcy Court, as a court of equity, should only accept a plan where also current equity holders participate in the recapitalization plan and the turnaround of the company.