X0303 4 2010-01-19 0 0000808918 EDCI HOLDINGS, INC. edci 0001370422 Chap-Cap Activist Partners Master Fund, Ltd. 1007 N. SEPULVEDA BLVD. #129 MANHATTAN BEACH CA 90267 0 0 1 0 Common Stock 2010-01-19 4 S 0 50700 6.02 D 854668 I See Footnote This Form 4 is being filed on behalf of Chap-Cap Partners II Master Fund, Ltd., Chap-Cap Activist Partners Master Fund, Ltd., Cayman Islands exempted companies (collectively, "the Funds"), Chapman Capital, L.L.C., a Delaware limited liability company ("Chapman Capital"), and Robert L. Chapman, Jr., an individual ("Mr. Chapman" and, together with the Funds and Chapman Capital, the "Reporting Persons"). All securities disclosed in this Form 4 are owned by the Funds managed by Chapman Capital. Robert L. Chapman, Jr. is the Managing Member of Chapman Capital. By reason of the provisions of Rule 16a-1 under the Securities Exchange Act of 1934, as amended (the "Act"), Chapman Capital and Mr. Chapman may be deemed to be the beneficial owners of the securities held by the Funds. Chapman Capital and Mr. Chapman hereby disclaim any beneficial ownership of all such securities for purposes of Sections 16 of the Act, except to the extent of their indirect pecuniary interest therein. May be deemed to be a member of Section 13(d) "group" owning more than 10% of the issuer's common stock; disclaims beneficial ownership for purposes of Section 13(d) of the Act of shares of such common stock except to the extent reported herein. See exhibit A - Joint Filer Information on Chapman Capital EDCI Schedule 13(d) dated June 18, 2007. Ashley Burris for Robert L. Chapman, Jr. 2010-01-21