Statement Re: Auction Settlement – Raymone Bain

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FOR IMMEDIATE RELEASE CONTACT: Raymone K. Bain May 18, 2007 MICHAEL JACKSON AND UNITED EXPRESS REACH SETTLEMENT AUCTION TO PROCEED AS SCHEDULED Las Vegas, NV …….Michael Jackson and Universal Express are pleased to announce the completion of a confidential resolution to the action disputing title to the items being auctioned at the Hard Rock Hotel and Casino in Las Vegas on May 30 and 31, 2007, or by logging on to liveauctioneers.com. “Mr. Jackson is satisfied with the negotiated settlement,” stated Raymone K. Bain, Jackson spokesperson, “and is pleased that some of the proceeds from the auction will be donated to certain charities. As this is a confidential agreement, we will be making no further comments. ” “Although the road to auction has been long, we look forward to being able to introduce to the world the glory of the Jackson family and take great pride in the five charities that will benefit from the sales proceeds, stated Richard A. Altomare, Chairman and CEO of Universal Express. Items belonging to Mr. Jackson, included in the auction, will be accompanied by written authentication. ### Raymone K Bain

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