Central European Media Enterprises Confirms Its Intention to Seek a Listing on the Prague Stock Exchange

Central European Media Enterprises Confirms Its Intention to Seek a Listing on the Prague Stock Exchange

- Ceska Sporitelna Appointed as Local Listing Agent -

HAMILTON, Bermuda, June 13 /PRNewswire-FirstCall/ -- Central European Media Enterprises Ltd. ("CME") (NASDAQ:CETV) announced today that it has applied for a listing of its Class A Common Shares on the Main Market of the Prague Stock Exchange (PSE). It is expected that trading of these shares on the Prague Stock Exchange will commence by the end of June. Ceska sporitelna has been appointed as the Local Listing Agent.

Central European Media Enterprises Ltd. (CME) is a TV broadcasting company with leading stations in six Central and Eastern European countries reaching an aggregate of approximately 90 million people. The Company's television stations are located in Croatia (Nova TV), Czech Republic (TV Nova), Romania (PRO TV, Acasa, PRO Cinema), Slovakia (Markiza), Slovenia (POP TV, Kanal A) and Ukraine (Studio 1+1). CME is traded on the NASDAQ under the ticker symbol "CETV".

For additional information, please visit http://www.cetv-net.com/ or contact:

United States: Jonathan Lesko/ Michael Smargiassi (Investors) Brainerd Communicators, Inc. Tel: +1-212-986-6667

United Kingdom: Wallace Macmillan (Investors) Vice President Finance & Chief Financial Officer Tel: +44-20-7430-5430

Source: Central European Media Enterprises Ltd.

CONTACT: United States, Jonathan Lesko, or Michael Smargiassi, (Investors), Brainerd Communicators, Inc., +1-212-986-6667, for Central European Media Enterprises Ltd.; United Kingdom, Wallace Macmillan, (Investors), Vice President Finance & Chief Financial Officer of Central European Media Enterprises Ltd., +44-20-7430-5430

Web site: http://www.cetv-net.com/

------- Profile: Ent