MSGI Announces Completed Divestiture And Pending Acquisitions
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New York, New York, April 1, 2004 - Media Services Group, Inc. (Nasdaq: MSGI), a
relationship marketing company, today announced it has sold its Los Angeles
based Teleservices operations and is in the final stage of negotiations with two
acquisition candidates.

The Los Angeles based Teleservices business has been acquired by SD&A
Teleservices, Inc., a wholly owned subsidiary of the Robert W. Woodruff Arts
Center based in Atlanta Georgia. Woodruff, home to the Atlanta Symphony
Orchestra and other local nonprofit organizations has been a long-term client of
the company, and as such is uniquely qualified to carry out the telefundraising
and telemarketing mission of the business. The terms of the sale were not
immediately released.

MSGI has negotiated and is in receipt of several term sheets, which it believes
will lead to one or two acquisitions over the course of the next 90 days. Each
of these businesses is focused on the development and deployment of technology
solutions, servicing the media and entertainment sector and the security
industry. No assurance can be given that either such acquisition can be
consummated.

Jeremy Barbera, Chairman and CEO commented, "given current market conditions,
our Teleservices subsidiary is better suited to nonprofit ownership.
Historically, our greatest success as a company has been derived from those
businesses that leverage information and technology, and we will be
concentrating on such capabilities in the future. Management has spent the past
six months investigating strategic opportunities that have the potential to
improve shareholder value, both now and well into the next decade. These
products and services have global reach and will not be subject to the
seasonality of prior businesses. We are about to embark on a period of expansion
for the company, which begins with our first acquisition of 2004, expected to
close in April."

About Media Services Group, Inc.
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Media Services Group,  Inc. (Nasdaq:  MSGI) is a relationship  marketing company
focused on  assisting  corporations  with  customer  acquisition  and  retention
strategies  and  solutions.  General  Electric  Company  has  been  the  largest
shareholder of the Company since 1997. The corporate  headquarters is located at
333 Seventh  Avenue,  New York, NY 10001.  Telephone:  917-339-7134.  Additional
information is available on the Company's website:

http://www.mediaservices.com.
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The information contained in this news release, other than historical
information, consists of forward-looking statements within the meaning of
Section 27A of the Securities Act and Section 21E of the Exchange Act. These
statements may involve risks and uncertainties that could cause actual results
to differ materially from those described in such statements. Although the
Company believes that the expectations reflected in such forward-looking
statements are reasonable, it can give no assurance that such expectations will
prove to have been correct. Important factors, including general economic
conditions, consumer spending levels and other factors could cause actual
results to differ materially from the Company's expectations.