Amended and Restated Warrant Agreements and New Warrant Issuance by Platinum Studios, Inc.
Platinum Studios, Inc. has issued amended and restated warrants dated May 6, 2009, and June 3, 2009, as well as new warrants to purchase 40,000,000 shares and $3,750,000 in shares. These agreements outline the terms under which holders can purchase company shares at specified prices and conditions. The documents are signed by the company's Chief Operating Officer and are legally binding upon execution. The warrants provide investors with the right, but not the obligation, to buy shares within certain timeframes and under defined terms.

1

2

3

4

5

6

7

8
Annex A-1
May 6, 2009 Amended and Restated Warrant
9

10

11

12

13

14

15

16

17

18

19

20

21
Annex A-2
June 3, 2009 Amended and Restated Warrant
22

23

24

25

26

27

28

29

30

31

32

33

34
Annex B-1
New Warrant to Purchase 40,000,000 Shares
35

36

37

38

39

40

41

42

43

44

45
PLATINUM STUDIOS, INC.
By:
Brian Altounian
Chief Operating Officer
46

47
(Date)
_______________________________________ (Title)
48

49
Signed in the presence of:
50
Annex B-2
New Warrant to Purchase $3,750,000 in Shares
51

52

53

54

55

56

57

58

59

60

61

62

63