NexCen Brands to Release 2007 Results on March 14

NEW YORK, February 29, 2008 - NexCen Brands, Inc. (Nasdaq: NEXC) expects to release its 2007 financial results during pre-market hours on March 14, 2008.

The company will host a conference call at 8:30 a.m. ET that day. A live webcast of the conference call and accompanying slides will be available to all investors at the NexCen website, www.nexcenbrands.com. You may participate on the call at the following telephone numbers: (800) 922-9655 (domestic); (973) 935-2407

A replay of the call will be available through March 28. To access the replay, please call (800) 642-1687 (domestic) or (706) 645-9291 (international); access code: 37307712. An online archive will also be available on the company's website for at least 30 days.

NexCen Brands is a vertically-integrated global brand-management company focused on assembling a diversified portfolio of intellectual property-centric companies operating in the consumer-branded products and franchise industries. The Company owns, licenses, franchises and markets a growing portfolio of consumer and franchise brands including The Athlete's Foot(R), Bill Blass(R), Great American Cookies(R), MaggieMoo's(R), Marble Slab Creamery(R), Pretzel Time(R), Pretzelmaker(R), Shoebox New York(TM) and Waverly(R).

The Company licenses and franchises its brands to a network of leading retailers, manufacturers and franchisees that includes every major segment of retail distribution from the luxury market to the mass market in the U.S. and in over 50 countries around the world, and consists of approximately 1,900 franchised stores. NexCen, through its information technology, franchisee support systems and advertising, marketing and public relations team, markets its brands to continually drive greater consumer awareness and brand equity for each of its brands. NexCen touches nearly every aspect of a consumer's lifestyle from the food they eat to the furnishings in their homes and the clothes and footwear they purchase.

Contact:
William A. Walkowiak, CFA
Senior Vice President, Investor Relations
(212) 277-1150
ir@nexcenbrands.com