23 September 2005 | MEDIA PRIMA COMPLETES CHANNEL 9 ACQUISITION

PETALING JAYA, Sept 23, 2005 – Media Prima Bhd, Malaysia’s leading media investment group, today announced it has completed the acquisition of Ch-9 Media Sdn Bhd, which holds the content application service provider licence to operate Channel 9.

Media Prima had on 10 June 2005 announced the acquisition Channel 9 from Anaza Sdn Bhd, Fine Associates Sdn Bhd and Jempol Persona Sdn Bhd. The acquisition was approved by the shareholders of Media Prima at the Extraordinary General Meeting held on 2 September 2005.

The corporate and debt restructuring of Channel 9 has also been completed and accordingly Channel 9, which ceased its transmission in February, is expected to be re-launched by the first quarter of next year.

The completion of the acquisition will provide Media Prima an additional media platform to expand its share of television audience and advertising revenue apart from adding value to the shareholders and investors of the Group in the medium to long term.

About Media Prima

Media Prima Berhad, a company listed on the Main Board of Bursa Malaysia, is one of Malaysia’s leading integrated media investment group. Media Prima currently owns a 100 per cent equity interest in TV3 (Malaysia’s no. 1 free-to-air television network), an 80 per cent equity interest in Metropolitan Television Sdn Bhd (owner and operator of 8TV) and a 100 per cent equity interest in Ch-9 Media Sdn Bhd (owner and operator of the formerly know Channel 9).

In addition, Media Prima also owns a 43 per cent equity interest in The New Straits Times Press (Malaysia) Bhd, one of Malaysia’s largest publishing groups, that publishes leading newspaper titles such as the New Straits Times, Malay Mail, Berita Harian and Harian Metro.

Media Prima also has interests in other media activities, including radio broadcasting (Max Airplay Sdn Bhd which manages and operates Fly.FM), content creation (Grand Brilliance Sdn Bhd), event management (Tiga Events Sdn Bhd) and outdoor advertising (The Right Channel Sdn Bhd).

Outside Malaysia, Media Prima currently has a stake in TV3 Network Ltd, which is Ghana’s leading private free-to-air television network.

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For further information, please contact Ms Alia HM Jally/Tunku Teh at tel: (03) 772 66333 ext 3311/ 5420 or (019) 271 4472 or (019) 248 4488.