DreamWorks Animation to Announce Fourth Quarter and Full Year 2004 Results and Host Earnings Webcast

DreamWorks Animation is under no obligation to, and expressly disclaims any
obligation to, update or alter its forward-looking statements, whether as a
result of new information, future events, changes in assumptions or otherwise.

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dreamworksanimation.
Among her many accolades, Time named Meg one of the world's 100 most
influential people in 2004 and 2005, and Fortune ranked her one of the 25 most
powerful people in business and the most powerful woman in American business
in 2004. The company has theatrically
released a total of eight animated feature films , including Antz, Shrek,
Shrek 2 and Shark Tale.

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; Jeffrey Katzenberg, Chief
Executive Officer of DreamWorks Animation SKG, Inc.; Paul Allen, Chairman of
Vulcan, Inc.

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About DreamWorks Animation SKG
DreamWorks Animation is principally devoted to developing and producing
computer generated, or CG, animated feature films. These risks and uncertainties
include: audience acceptance of our films, our dependence on the success of a
limited number of releases each year, the increasing cost of producing and
marketing feature films, piracy of motion pictures, the effect of rapid
technological change or alternative forms of entertainment and our need to
protect our proprietary technology and enhance or develop new technology.

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Coleman, Former President of Gordon and Betty Moore
Foundation; David Geffen, Co-Founder of DreamWorks; Mellody Hobson, President
of Ariel Capital Management; Nathan Myhvrold, Chief Executive Officer of
Intellectual Ventures; and Howard Schultz, Chairman and Chief Global
Strategist of Starbucks Corporation.

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Actual results may vary
materially from those expressed or implied by the statements herein due to
changes in economic, business, competitive, technological and/or regulatory
factors, and other risks and uncertainties affecting the operation of the
business of DreamWorks Animation SKG, Inc.; Lewis W.

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, DreamWorks Animation
(NYSE: DWA) announced today the election of Margaret C.

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About DreamWorks Animation SKG
DreamWorks Animation is principally devoted to developing and producing
computer generated, or CG, animated feature films. DreamWorks Animation's next release will be
Madagascar, scheduled to open on May 27, 2005.

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(NYSE: DWA) today announced that the Company's fourth quarter and
full year 2004 results will be released on Thursday , March 17, 2005, after
market close.

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Meg Whitman of eBay Inc. to Join DreamWorks Animation Board of Directors

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DreamWorks Animation will also host a webcast to discuss the results on
Thursday, March 17, 2005, at 5:30 p.

Caution Concerning Forward-Looking Statements
This document includes certain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.

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dreamworksanimation.
DreamWorks Animation's board of directors also includes: Roger Enrico,
Chairman of DreamWorks Animation SKG, Inc.

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"
As president and CEO of eBay since March 1998, Meg has led the company to
become "The World's Online Marketplace" and has helped reshape how commerce
takes place around the world.

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GLENDALE, Calif., DreamWorks Animation
SKG, Inc.

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m.com. Whitman, president and
CEO of eBay, to its board of directors.

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(EST). Investors can access the live
webcast at http: //www. For
a further list and description of such risks and uncertainties, see the
reports filed by us with the Securities and Exchange Commission (SEC).

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The company has theatrically
released a total of eight animated feature films, including Antz, Shrek, Shrek
2 and Shark Tale.

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With world -class creative
talent, a strong and experienced management team and advanced CG filmmaking
technology and techniques, DreamWorks Animation makes high quality CG animated
films meant for a broad movie -going audience.

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With world-class creative
talent, a strong and experienced management team and advanced CG filmmaking
technology and techniques, DreamWorks Animation makes high quality CG animated
films meant for a broad movie-going audience.

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These
statements are based on management's current expectations or beliefs and are
subject to uncertainty and changes in circumstances. GLENDALE, Calif.

All types of animation are welcome - traditional, computer, stop-motion and experimental.

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com.
Both the earnings release and archived webcast will be available on the
Company's website at http://www. DreamWorks Animation's next release will be Madagascar,
scheduled to open on May 27, 2005.
"Meg is someone that both Roger Enrico and I have been courting to join
our board of directors for many months," stated Jeffrey Katzenberg, DreamWorks
Animation CEO. Prior to joining eBay, Meg was general manager
of Hasbro's Preschool Division responsible for global management and marketing
of some of the world's best-known children's brands including Playskool.

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"Having had the opportunity to work with her in the past, I
know first hand what an exceptional talent she is and believe that her
expertise in building a global brand combined with her consumer technology
experience really makes her a perfect fit for our company.