Megastar Mammootty's first release of the New Year 'August-15' will get released on the first week of February. The movie which was originally scheduled for the last Christmas could not reach the theatres due to little delay in its shooting. A sequel to eighties hit 'August-1', the movie will be a suspenseful thriller in the scripts of S N Swamy. The movie will have to take on 'Arjunan Saakshi' and 'Makeup Man' at the Box Office which will be the other releases in the nearby weeks. While Prithviraj's 'Arjunan Saakshi' is scheduled to get to theaters by the 28th of January, Jayaram's Shafi movie 'Makeup Man' will release on the 11th of February.