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Eros International Plc Reaffirms Successful Outcome of Audit Committee’s Internal Review Assisted by Skadden, Arps, Slate, Meagher and Flom
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Confirms Grant Thornton India LLP is the Independent Auditor of Eros International Plc’s Consolidated Financial Statements, Including All of Its Subsidiaries

ISLE OF MAN, United Kingdom--(BUSINESS WIRE)--Jun. 8, 2016-- Eros International Plc (NYSE:EROS) (“Eros”), a leading global company in the Indian film entertainment industry, today made the following statement:

“The Company would like to reiterate its strong business fundamentals following the successful completion of an internal review initiated by its Audit Committee and assisted by Skadden Arps Slate Meagher & Flom LLP, in March, 2016. The Company has previously issued statements outlining the scope and completion of the review which did not result in a recommendation to restate any financial statements of the Company.

Grant Thornton India LLP is the auditor of Eros International Plc. Grant Thornton India LLP performs the audit of the Company’s consolidated financial statements, which includes its subsidiaries, in accordance with the standards of Public Company Accounting Oversight Board (PCAOB).

Additionally, the Company recently announced solid financial results by its Indian subsidiary, Eros International Media Limited, delivering a reduction in receivables and strong free cash flow generation.”

About Eros International Plc

Eros International Plc (NYSE: EROS) is a leading global company in the Indian film entertainment industry that acquires, co-produces and distributes Indian films across all available formats such as cinema, television and digital new media. Eros International Plc became the first Indian media company to list on the New York Stock Exchange. Eros International has experience of over three decades in establishing a global platform for Indian cinema. The Company has an extensive and growing movie library comprising of over 3,000 films, which include Hindi, Tamil, and other regional language films for home entertainment distribution. The Company also owns the rapidly growing OTT platform ErosNow. For further information please visit:

Source: Eros International Plc

Eros International Plc
Mark Carbeck, +44 (207) 258 9909
Chief Corporate & Strategy Officer
Sloane & Company
Erica Bartsch, 212-446-1875