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EXHIBIT 99
PRESS RELEASE
J2 COMMUNICATIONS ANNOUNCES REQUEST FOR SPECIAL SHAREHOLDER MEETING
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August 15, 2000, Los Angeles, California - J2 Communications (NASDAQ:
JTWO) announced today that on August 11, 2000 it received a notice from Daniel
S. Laikin, a member of the Company's Board of Directors and the holder,
individually and through affiliates, of 325,200 shares of the Company's common
stock (based upon a Schedule 13D filed by Mr. Laikin and Paul Skojdt on July 12,
2000), requesting that a special meeting of the Company's shareholders be called
for September 18, 2000 for the purpose of removing the Company's incumbent
directors and electing a new Board of Directors. In the alternative, at such
proposed meeting, Mr. Laikin has stated that he may seek to amend the bylaws of
the Company to expand the Board of Directors to eleven members and thereafter
seek to elect a slate of five new directors. Mr. Laikin is also seeking
shareholder approval to change the name of the Company to "National Lampoon,
Inc."
The Company anticipates issuing a formal response to Mr. Laikin after
the Board of Directors considers Mr. Laikin's request.
For more information contact:
Mr. Christopher Trunkey
(310) 474-5252
