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Datum:
05.03.2007
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ProSiebenSat.1 Media AG: Share purchase agreement between German Media Partners and Lavena Holding 4 closed

Munich, March 6, 2007. Today, the share purchase agreement dated December 14, 2006 between German Media Partners L.P. and Lavena Holding 4 GmbH, a holding company controlled by funds advised by KKR and Permira, regarding the acquisition of German Media Partners common and preference shares in ProSiebenSat.1 Media AG was closed. Lavena Holding 4 GmbH thereby acquires approximately 88 percent of the common shares and approximately 13 percent of the non-voting preference shares in ProSiebenSat.1 Media AG. Lavena Holding 4 GmbH now holds approximately 50.5 percent of the registered share capital and is thus the new majority shareholder of ProSiebenSat.1 Media AG.

In this context, Haim Saban, Adam Chesnoff, John Connaughton, Albert Dobron, Patrick Healy, Ynon Kreiz, Seth Lawry, Stephen Pagliuca, Brian Powers, Arieh Saban, Scott Sperling and Joshua Steiner today resigned from the Supervisory Board of ProSiebenSat.1 Media AG. Lavena Holding 4 GmbH intends to appoint new members of the Supervisory Board as soon as possible.

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