WWE^® STUDIOS AND RICHWATER FILMS ANNOUNCE

PARTNERSHIP FOR TWO-PICTURE DEAL

First Feature “Eliminators” To Star Scott Adkins And WWE Superstar Bad News Barrett™

Los Angeles, CA (April 3, 2015) – WWE Studios (NYSE: WWE) and independent British production and financing company Richwater Films announced today a partnership to co-produce and co-finance two upcoming films, starting with Eliminators, which will be directed by James Nunn (Tower Block, Green Street 3: Never Back Down) and will feature action star Scott Adkins (The Bourne Ultimatum, The Expendables 2, Zero Dark Thirty) and WWE Superstar Bad News Barrett.

Eliminators follows a former US Federal Agent who must abandon the witness protection program and come out of hiding after his London home is mistakenly invaded. Now with his daughter’s life in jeopardy, the determined father finds himself on the run from Europe's most dangerous assassin to get her to safety. Eliminators will start principal photography in London late spring.

The second picture Rampage, currently in development, follows an American counter terrorism operative who must work with an English MI5 agent to take down a dangerous terrorist in London.The film is anticipated to go into production later this year.

"Having watched WWE programming since the 1991 Royal Rumble and regarding Vince McMahon as the ultimate entrepreneurial pioneer, I am thrilled to be in business with WWE Studios,” said Jonathan Sothcott, CEO and Founder of Richwater Films. “Michael and his team share my ambition to create high-quality genre movies and these films are sure to deliver thrills to audiences around the world.”

“As a major new player on the British Independent film scene, Richwater Films exudes a professional zeal that is highly compatible with the work we do here at WWE Studios,” said Michael Luisi, President of WWE Studios. “Both of our organizations are dedicated to creating films that engage and excite.”

WWE Studios will be handling worldwide rights, currently available for both upcoming films, and will leverage WWE’s extensive platforms from weekly TV shows, including WWE’s flagship programs, Monday Night Raw^® and SmackDown^®, digital, social media and WWE Network^®, to market its titles.

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ABOUT WWE^® STUDIOS

WWE^® Studios develops and produces feature films, as well as television and digital content. Its diverse slate is released theatrically, direct to home, and/or across digital platforms, and is co-produced & distributed through partnerships with premiere global entertainment companies. WWE’s film division, led by President Michael Luisi, is headquartered in Santa Monica, CA. Recent films from WWE^® Studios include The Flintstones and WWE: Stone Age Smack Down which joins Fred, Barney and the whole Bedrock gang with stone age versions of WWE Superstars and Divas, The Call with Halle Berry and WWE Superstar David Otunga^®, Oculus directed by Mike Flanagan starring Karen Gillan and Katee Sackhoff, Dead Man Down with Colin Farrell and WWE Superstar Wade Barrett^®, No One Lives starring Luke Evans and Brodus Clay, and Scooby-Doo! WrestleMania Mystery, which paired WWE Superstars with Scooby and the gang. Upcoming films from WWE^® Studios include Incarnate starring Aaron Eckhart and featuring WWE Superstar Mark Henry^®, Killing Hasselhoff starring Ken Jeong, David Hasselhoff and featuring WWE Legend Hulk Hogan, The Marine 4: Moving Target starring WWE Superstar The Miz^® and WWE Diva Summer Rae^®,Vendetta starring Dean Cain and WWE Superstar Big Show and directed by the Soska Sisters, Lockdown starring WWE Superstar Dean Ambrose^® and The Condemned 2 starring WWE Superstar Randy Orton^®.

About WWE

WWE, a publicly traded company (NYSE: WWE), is an integrated media organization and recognized leader in global entertainment. The company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family friendly entertainment on its television programming, pay-per-view, digital media and publishing platforms. WWE programming reaches more than 650 million homes worldwide in 35 languages. WWE Network, the first-ever 24/7 over-the-top premium network that includes all 12 live pay-per-views, scheduled programming and a massive video-on-demand library, is currently available in more than 175 countries. The company is headquartered in Stamford, Conn., with offices in New York, Los Angeles, London, Mexico City, Mumbai, Shanghai, Singapore, Dubai, Munich and Tokyo.

Additional information on WWE (NYSE: WWE) can be found at wwe.com and corporate.wwe.com. For information on our global activities, go to http://www.wwe.com/worldwide/.

Trademarks:  All WWE programming, talent names, images, likenesses, slogans, wrestling moves, trademarks, logos and copyrights are the exclusive property of WWE and its subsidiaries. All other trademarks, logos and copyrights are the property of their respective owners.

Forward-Looking Statements:   This press release contains forward-looking statements pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995, which are subject to various risks and uncertainties. These risks and uncertainties include, without limitation, risks relating to: WWE Network; major distribution agreements; our need to continue to develop creative and entertaining programs and events; a decline in the popularity of our brand of sports entertainment; the continued importance of key performers and the services of Vincent K. McMahon; possible adverse changes in the regulatory atmosphere and related private sector initiatives; the highly competitive, rapidly changing and increasingly fragmented nature of the markets in which we operate and greater financial resources or marketplace presence of many of our competitors; uncertainties associated with international markets; our difficulty or inability to promote and conduct our live events and/or other businesses if we do not comply with applicable regulations; our dependence on our intellectual property rights, our need to protect those rights, and the risks of our infringement of others’ intellectual property rights; the complexity of our rights agreements across distribution mechanisms and geographical areas; potential substantial liability in the event of accidents or injuries occurring during our physically demanding events including, without limitation, claims relating to CTE; large public events as well as travel to and from such events; our feature film business; our expansion into new or complementary businesses and/or strategic investments; our computer systems and online operations; a possible decline in general economic conditions and disruption in financial markets; our accounts receivable; our revolving credit facility; litigation; our potential failure to meet market expectations for our financial performance, which  could adversely affect our stock; Vincent K. McMahon exercising control over our affairs, and his interests may conflict with the holders of our Class A common stock; a substantial number of shares which are eligible for sale by the McMahons and the sale, or the perception of possible sales, of those shares could lower our stock price; and the relatively small public “float” of our Class A common stock. In addition, our dividend is dependent on a number of factors, including, among other things, our liquidity and cash flow, strategic plan (including alternative uses of capital), our financial results and condition, contractual and legal restrictions on the payment of dividends (including under our revolving credit facility), general economic and competitive conditions and such other factors as our Board of Directors may consider relevant. Forward-looking statements made by the Company speak only as of the date made, are subject to change without any obligation on the part of the Company to update or revise them, and undue reliance should not be placed on these statements.

ABOUT RICHWATER FILMS

Established in 2013, Richwater Films has rapidly become the UK's leading producer of action/thrillers for the domestic home entertainment market with recent productions including the critically acclaimed Vendetta starring Danny Dyer, We Still Kill The Old Way, Bonded By Blood 2 and Age of Kill. The company has a unique deal with distributor Anchor Bay UK to produce 4 movies per year. Forthcoming films include We Still Steal The Old Way, 52 Pick Up, Vendetta 2 and The Judas Prophecy.