Central European Media Enterprises Added To Russell 3000, Russell 1000 And The Russell Global Indexes

Central European Media Enterprises Added To Russell 3000, Russell 1000 And The Russell Global Indexes

HAMILTON, Bermuda, June 26 /PRNewswire-FirstCall/ -- Central European Media Enterprises Ltd. ("CME") (Nasdaq/Prague Stock Exchange: CETV) announced today its inclusion in the broad-market Russell 3000(R) Index, the large-cap stocks Russell 1000(R) Index and the Russell Global Index following Russell Investment Group's annual reconstitution of its comprehensive set of U.S. and global equity indexes on Monday June 25, 2007.

Michael Garin, Chief Executive Officer of CME, commented: "CME's inclusion in the Russell 3000, Russell 1000 and Russell Global indexes are three more indicators of the significant growth the company has enjoyed over the past three years. We are proud to have been included."

The Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. An industry-leading $4 trillion in assets are currently benchmarked to them.

Russell's reconstitution of U.S. indexes captures the 3,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. The largest 1,000 companies in this ranking comprise the Russell 1000 and the next 2,000 companies become the Russell 2000. These reconstitutions allow the indexes to provide a truer reflection of stock market activity and performance. The Russell 3000 also serves as the U.S. component to the Russell Global Index, which offers comprehensive coverage of the investable global market and includes more than 10,700 stocks from 63 countries.

CME is a TV broadcasting company operating leading networks in six Central and Eastern European countries with an aggregate population of approximately 90 million people. The Company's television stations are located in Croatia (Nova TV), Czech Republic (TV Nova, Galaxie Sport), Romania (PRO TV, PRO TV International, Acasa, PRO Cinema and Sport.ro), Slovakia (Markiza, Galaxie Sport), Slovenia (POP TV, Kanal A) and Ukraine (Studio 1+1, Studio 1+1 International, Kino, Citi). CME is traded on the NASDAQ and the Prague Stock Exchange under the ticker symbol "CETV".

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Source: Central European Media Enterprises Ltd.

CONTACT: Romana Tomasova, Director of Corporate Communications of Central
European Media Enterprises, +44 (0)20 7430 5357, romana.tomasova@cme-net.com

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

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Profile: International Entertainment