$25,000 - $30,000
* Diane Keaton's dress worn in The Godfather. And it's great for them because it
opens National Lampoon to a whole new generation and family audiences. Larry Flynt and presented him with a Lifetime Achievement Award for his
tireless fight to protect personal freedom.

Costume retailers, rental warehouses, merchandisers , promoters, and/or distributors are in this category.

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$20,000 - 30,000) and Tommy Lee Jones' "Two-Face " ensemble (est.
* Klingon Battle Cruiser filming model used in Star Trek: The Original
Series. Clubhouse's first film, "Trick or Treat," is described as a
scary comedy somewhere between "Scooby Doo," "Adventures in
Babysitting" and "The Goonies.

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In 1995, Profiles In History expanded into the world of entertainment
memorabilia auctions. National Lampoon is active in
a broad array of entertainment activities, including feature films,
television programming, interactive entertainment , home video, audio
CDs and book publishing.majesticvegas.'

Performers are flying in from Berlin , London, and Japan, the Torture King
from the Jim Rose Side Show from Las Vegas and Rebecca from Rebecca's
Rubber Room from Miami.

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Collectors and history buffs alike will be
captivated by Profiles in History's outstanding array of historical letters in
every field: American Presidents and statesmen; Revolutionary and Civil War
soldiers; scientists and inventors; celebrated authors, artists and composers;
aviators and explorers; sports heroes and Hollywood legends; as well as many
others who have left an indelible mark on history.

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Other Jung originals include
concept art for the subsequent Star Wars films, including "The Empire Strikes
Back" and "Return of the Jedi", as well as original paintings of the dust
jacket of three Timothy Zahn Star Wars books.profilesinhistory.com.
$20,000 - $25,000
* Magic wand used in Harry Potter and the Sorcerer's Stone.

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Over $2 Million Worth of Exclusive TV and Movie Memorabilia to Be Auctioned Friday March 31 by Joseph Maddalena's World-Renowned 'Profiles In History'

Final Conceptual Art From the Most Famous Movie Poster of All-Time:
'Star Wars' From the Private Collection of Celebrated Artist Tom Jung
Est: $15,000 - $18,000

George Clooney's Batman Costume From 'Batman + Robin'
Est: $80,000 - $100,000

BEVERLY HILLS, Calif.
Collectors and fans of the legendary science-fiction magazine
"Cinefantastique" (CFQ) will get a rare opportunity to bid on original CFQ
artwork from the personal collection and estate of CFQ publisher Fred Clarke .ebayliveauctions.
The first three releases will be based on original stories by
Doumani.

National Lampoon (OTCBB:NLPN) is and has been one of the leading
brands in comedy for the last 30 years.
For the first time ever, the Exotic
Erotic Ball and Expo, the internationally acclaimed Celebration of Flesh,
Fetish, and Freedom, and -- according to E! Entertainment TV -- "The
World's Wildest and Sexiest Party," comes to New York City, at Pier94NY on
June 16 and 17, 2006.

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$6,000 - $8,000
* Headset used by Luke Skywalker and Han Solo in Star Wars: A New Hope
(the original 1977 film). $15,000 - 20,000
* Holy Grail Cup used in Indiana Jones and the Last Crusade."
Clubhouse is expected to release three full-length feature films
per year, with budgets ranging from three to ten million dollars. The Ball itself, which has been titillating San
Francisco audiences with stimulating festivities for 26 years, will be held
on Saturday Night, June 17, 9PM to 3AM.
There are costume contests with over $10,000 in cash and prizes, lots of
adult stars and celebrity guests , and an Expo with over 100 exhibits. CBS has called Paul Nathan "sexy, funny,
and wicked as sin ," adding, "he truly seduces the audience.

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Also featured at the auction will be the "Batman" costume worn by Academy
Award-winning actor George Clooney in the film "Batman + Robin. Doheny Drive in Beverly Hills, California;
live on the Internet at http://www.

Additional items to be auctioned March 31 include:

* Rare Charlie Chaplin one-sheet poster from The Circus. $5,000 - $7 ,000
* Emmett Kelly's trade-mark hobo clown costume worn in The Greatest Show
on Earth and throughout his career."
Lorenzo Doumani, CEO of Majestic Entertainment and Majestic
Resorts (which is currently building the $400,000,000 Conrad Majestic
Las Vegas with Hilton Hotels), will head National Lampoon Clubhouse as
its President.
Added Doumani: "This is a partnership that makes sense for both
parties. In October
of 2005, the Exotic Erotic Expo in San Francisco paid special tribute to
Mr." Nathan
invented several of the Exotic Erotic Ball's most mischievous, memorable
and classic performances, including the 'The Wheel of Humiliation,' 'Spank
the Porn Star,' and 'Lesbian First Kiss. Other top performers from San Francisco will
include world champion burlesque artists The Lollies and Kitten on the
Keys.

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$2,000 - $3,000
* Bill Travilla original costume design of Marilyn Monroe in River of No
Return. The network reaches as many as 4.

The Mnage Trois of devilish master of ceremonies Paul Nathan and adult
star sidekicks Violet Blue and Raquel Devine will choreograph Main Stage
activities while the Burlesque, Fetish, and Bling Bling Stages will provide
more specialized entertainment.

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A "Batgirl" suit worn by actress Alicia
Silverstone estimated at $40,000 - 60,000 as well as Jim Carrey's "Riddler"
suit (est. Just look at Jim Carrey or Eddie
Murphy. The Expo will be open during
the Ball for the enjoyment of Ball attendees and it is also open to the
trade -- only for two hours beginning at Noon on June 16 and 10AM on June
17.

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Profiles in History, is offering
some of the most important drawings of his life's work, offered for the very
first time at a public auction. $65,000 - $85,000
* Adam West's original "Batman" costume from the classic 1960's TV series
Batman. He is willing to
give previews and bring some of the above-mentioned auction items to TV shows
for discussions.

Entertainment Editors

LOS ANGELES----Signaling yet another
major step forward in the ongoing expansion of the National Lampoon
brand, the most recognized name in comedy has formed National Lampoon
Clubhouse , a joint venture entity with Lorenzo Doumani's Majestic
Entertainment that will result in a series of PG and PG13-rated
theatrical and direct-to-video films., in making the
announcement today.

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$12,000 - $15,000
* "Uncle Fester's" Iron Maiden used in the classic 1960s's TV series The
Addams Family.

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8 million
students, or nearly one in four of all 18-to-24-year-old college
students.

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All
items to be auctioned are available for review in a full-color catalogue
obtainable through Profiles in History, or by visiting the company's website
at http://www.
$1,500 - 2,000
* Emerald City Townsman's jacket from The Wizard of Oz."
The new National Lampoon Network currently serves over 600
colleges and universities throughout the United States, including
major institutions of higher learning both in and out of the Pac 10,
Ivy League and Big 10. On this and other projects, National Lampoon is working with
National Lampoon Network sponsor TalentMatch to identify talent for
certain roles.nationallampoon. Information about Majestic
Resorts is available at www.

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$20,000 - 30,000) will also be auctioned.

PRESS CONTACT:
Carolyn Prousky /CPPR
(323) 656-8047
Carolyn@prouskypr.

National Lampoon + Majestic Entertainment Announce National Lampoon Clubhouse; Marks First Entry into the Family Market for Legendary Comedy Brand

"National Lampoon has been known for irreverent comedy for
teenagers and college campuses for more than three decades," said
Douglas S.
It's a win-win situation for everyone.
The company also owns interests in all major National Lampoon
properties including "National Lampoon's Animal House," the National
Lampoon "Vacation" series and "National Lampoon's Van Wilder.com

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The six-hour auction, starting at 12 noon PT, will be headlined by Tom
Jung's original conceptual presentation artwork used to create the famous
"Star Wars" poster featuring Princess Leia, Luke Skywalker (holding up his
light saber), and Darth Vader.com; or by phone or fax.
$12,000 -$15,000
* Screen-used special effects miniature of the Alien Queen from Aliens. Their parents already
know National Lampoon as a leader in comedy, but with Clubhouse, we
will not go beyond PG or PG13 -- while maintaining the irreverence and
sophomoric nature of the humor.

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$8,000 - $10,000 .com

About Profiles In History
Profiles In History is the nation's leading dealer of original historical
letters and manuscripts. Bennett, President, National Lampoon, Inc.

About Majestic Entertainment + Majestic Resorts, Inc. Fetish fashion shows include the infamous Dark Garden Corset Show
and the Mystic Midway.

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A noted motion picture graphic artist and illustrator, Jung contributed
many memorable one-sheet poster designs. The collection includes original concept
artwork for "The Sand Pebbles", "Gone With the Wind" (the famous 1966
re-release), "Close Encounters of the Third Kind", "The Deer Hunter",
"Apocalypse Now" and "Raging Bull" among others.
From titles such as "Star Trek", "The X-Files", "Buffy the Vampire Slayer",
"Dark Shadows" and "X-Men", among many others, Clarke was a huge fan of the
films he covered in his magazine and he amassed an impressive collection of
original cover artwork created for CFQ. "I have a ten-year-old daughter, so I watch family
films," said the producer-director-writer ("Storybook: The Enchanted
Attic," "Follow Your Heart," "Amore!," "Knockout," "Bug Buster"). The
company hopes to attract both established comedic stars as well as
up-and-coming on-screen talent (such as young stars emerging on
Nickelodeon) to provide drawing power. Based in Las Vegas, Majestic Entertainment is headed by
producer-director -writer Lorenzo Doumani. Expo activities include panel discussions on First Amendment rights
with adult performers, moguls, media, and special guests, wine tastings
with adult film stars, a spiritual oasis with psychic readings and massage,
body painting, a classic adult cinema, and a human petting zoo.

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Setting numerous world
record prices for Hollywood collectibles, Profiles In History draws the most
prominent collectibles, some consigned directly from Hollywood producers, prop
makers , costume designers and actors.

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$20,000 - $30,000
* John Wayne signature western costume from The Searchers. With National Lampoon Clubhouse,
National Lampoon enters the world of family entertainment for the
first time. "This is a perfect opportunity to introduce
National Lampoon to a new, younger generation. In the 1970s and `80s, National Lampoon was the most
widely read publication on college campuses, while today, the website,
www.

Part masquerade, burlesque, and rock concert , yet totally unique -- the
Exotic Erotic Ball has regaled hundreds of thousands of participants over
nearly three decades with non-stop adult entertainment of limitless variety
-- live music, DJs , erotic performers, exotic dancers, wild sideshows,
playful interactive fun, theme rooms, visually dazzling sets and backdrops,
fantasy halls, BDSM demos, fetish fashions, and a bit of the bizarre .
(Click here for details)
The Expo features vendors showcasing the latest in exotic fashion, erotic
art, adult products, games, websites, and novelties.

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, More than 550 items of
original TV and movie memorabilia, worth more than $2 million, will be
auctioned by Joseph Maddalena and his internationally -renowned Profiles in
History, the number one company in the world for live and simultaneous
internet memorabilia auctions, on Friday, March 31, 2006. This piece of motion picture history is
expected to be sold for $15,000 - $18,000.
Collectors from around the world may bid in person either at Profiles in
History's gallery located at 110 N. Now, over 23 auctions later, it is considered one of
the pre-emanate Hollywood auction houses with an incredible array of
memorabilia including props, costumes, artist's sketches, poster and
autographs from film, television and rock n' roll . With National Lampoon, they bring an established
brand name to the table, giving Clubhouse instant familiarity and
credibility in the marketplace.

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PRESS RELEASE Exotic Erotic Ball +amp; Expo Comes to New York City

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What Pixar and the `Shrek' films have done for
animation, we want to take that approach to live action. Creating a new comedy brand from scratch would be difficult
if not impossible."

About National Lampoon, Inc.

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"The 'Star Wars' art for the Style-A (1977) poster is a once-in-a-lifetime
opportunity for a collector to acquire a true icon of cinematic history ," says
Profile in History's Joseph Maddalena. $10,000 - $12,000

NOTE TO MEDIA: Joseph Maddalena, the world's authority on celebrity
memorabilia, is available for interviews on the subject .
"Where are the traditional, wacky, live-action family movies? Aside
from CG animation, there 's really not much out there.com, is one of the most popular humor sites on the
Internet. The Exotic Erotic
Expo is open to the public on Friday, June 16, 2006 from 2PM-10PM and on
Saturday, June 17, 2006, from Noon to 6PM.

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" The complete
costume is the only one known to be released by the studio , and is expected to
be sold for $80,000 - $100,000.

Whatever
happened to good, clean , live-action films the whole family can enjoy?
Teaming with National Lampoon, we can deliver fresh , original films
(without sex, violence or profanity) that appeal to both kids and
their parents ." The film is planned for a Halloween
release.

Majestic Entertainment is a privately-held company focused on the
creation, production and distribution of primarily family-oriented
entertainment .

The Exotic Erotic Ball and Expo will have its own logo, and have announced
a contest open to the public for its design. The winner will receive over
$1,000 in cash and prizes, including four VIP passes to the New York City
Exotic Erotic Ball.

For more information call: 1-866 -857-9785