30 December2005 | MEDIA PRIMA COMPLETES THE ACQUISITION OF NTV7

PETALING JAYA, 30 December 2005 - Media Prima Bhd, Malaysia’s leading integrated media investment company, in a filing with Bursa Malaysia Securities Berhad today, said that it has completed the acquisition of Natseven TV Sdn Bhd (“NTV7”), the licence-holder and operator of ntv7, Synchrosound Studio Sdn Bhd and Encorp Media Technology Sdn Bhd, the respective licence-holder and operator of WaFM radio station (Collectively “NTV7 Group”).

NTV7 was launched in April 1998 and emerged as one of the more popular free-to-air networks with a strong following among urban viewers. The station has approximately 11 per cent of the total television viewership and approximately 27 per cent of the television advertising expenditure share based on the 9 months period ended 30 September 2005. Due to the intense competition prevailing within the domestic television industry, NTV7 undertook a comprehensive corporate and debt restructuring exercise to resuscitate its operations.

Media Prima had on 27 October 2005, entered into a sale and purchase agreement for the acquisition of NTV7 Group for a total consideration of RM90 million. Media Prima, which now already owns three television stations – TV3, 8TV and Channel 9, will add ntv7 to its stable of television networks.

About Media Prima Bhd

Media Prima Bhd, a company listed on the Main Board of Bursa Malaysia, is one of Malaysia’s leading integrated media investment groups.

Media Prima currently owns 100 % equity interest in TV3 (Malaysia’s no. 1 free-to-air television network), 80 % equity interest in Metropolitan Television Sdn Bhd (owner and operator of 8TV) and 100 % equity interest in Ch-9 Media Sdn Bhd (owner and operator of Channel 9).

In addition, Media Prima owns 43 % 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, such as radio broadcasting (Max Airplay Sdn Bhd which manages and operates the recently launched Fly.FM), content creation (Grand Brilliance Sdn Bhd), event management (Tiga Events Sdn Bhd) and outdoor advertising (The Right Channel Sdn Bhd).

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

For further information, please contact Corporate Communications Department at (03) 772 66333 ext 3302/3311.