Central European Media Enterprises Announces Markiza TV License Extension for 12 Additional Years

Central European Media Enterprises Announces Markiza TV License Extension for 12 Additional Years

- Extends Current Broadcast License Through 2019 -

HAMILTON, Bermuda, March 7 /PRNewswire-FirstCall/ -- Central European Media Enterprises Ltd. ("CME") (Nasdaq/Prague Stock Exchange: CETV) announced today that the Council of the Slovak Republic for Broadcasting and Television Transmission (Slovak Republic Media Council) has extended CME's Markiza TV broadcasting license agreement for 12 additional years, to 2019. The prolongation is effective as of the expiration of the current term of the Markiza TV broadcasting license in September 2007.

"The extension of Markiza TV's broadcasting license, combined with our recent acquisition of control of Markiza TV, highlights CME's ongoing commitment to the Slovak Republic," said Michael Garin, CME's Chief Executive Officer. "We remain focused on broadcasting at the highest international standards as we seek to build upon Markiza TV's strong reputation and look forward to continuing to serve the citizens of the Slovak Republic through the end of the next decade. I have full confidence in Vaclav Mika and the new management team to maintain Markiza's long-standing leadership in the Slovak market."

Markiza TV was launched as a national television channel in the Slovak Republic in August 1996 and reaches approximately 86% of the Slovak Republic's population. The Markiza TV channel broadcasts 24 hours per day and has a programming strategy to appeal to a broad audience through news, movies, entertainment and sports programming. The channel reported an average national all day audience share for 2005 of 31.1%.

CME is a TV broadcasting company with leading networks in six Central and Eastern European countries reaching an aggregate of approximately 82 million people. The Company's television stations are located in Croatia (Nova TV), Czech Republic (TV Nova, Galaxie Sport), Romania (PRO TV, Acasa, PRO Cinema), Slovakia (Markiza), Slovenia (POP TV, Kanal A) and Ukraine (Studio 1+1). CME is traded on the NASDAQ and the Prague Stock Exchange under the ticker symbol "CETV".

For additional information, please visit www.cetv-net.com .

Source: Central European Media Enterprises Ltd.

CONTACT: Romana Tomasova, Director of Corporate Communications, 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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