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Thursday, July 27, 2006

Stream Holds Annual General Meeting Elects 2006 Board of Directors

Stream Holds Annual General Meeting Elects 2006 Board of Directors

WARSAW, Poland, July 27 /PRNewswire/ -- Stream Communications Network & Media Inc. ("Stream") is pleased to announce that the Annual General Meeting ("AGM") and Election of the Stream Board of Directors for Year 2006 was successfully held on July 27, 2006. At the AGM, the following resolutions were made:

1. The new Board of Directors of Stream for the ensuing year will be
comprised of:
Robert Wussler
Iwona Kozak
Jan S. Rynkiewicz
George Harvey-Bathurst, Independent Director
Przemyslaw W. Aussenberg, Independent Director

2. Officers of the Company will be:
Robert Wussler, Chairman
Iwona Kozak, Secretary
Jan S. Rynkiewicz, President & CEO

3. The Audit Committee for the ensuing year will be comprised of:
Robert J. Wussler
Jan S. Rynkiewicz
Przemyslaw W. Aussenberg

4. The Compensation Committee for the ensuing year will be comprised of:
Robert J. Wussler
Jan S. Rynkiewicz
Iwona Kozak

5. The Corporate Governance Committee for the ensuing year will be
comprised of:
Przemyslaw W. Aussenberg
Jan S. Rynkiewicz
Iwona Kozak

About Stream Communications

Stream is a broadband cable company and offers Cable TV, high-speed Internet and VoIP services in Poland. Stream is the 7th largest Cable TV operator in Poland, focusing on the densely populated markets of Southern Poland.

Source: Stream Communications Network & Media Inc.

CONTACT: Iwona Kozak of Stream Communications, +1-604-669-2826,
1-800-704-9649, iwona.kozak@streamcn.com; Barbara Cano of Breakstone Group,
+1-646-452-2334, bcano@breakstone-group.com

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