Carlton Screen Advertising

ITV PLC 06 March 2008 6 March 2008 Carlton Screen Advertising Ltd ('CSA') ITV plc announces that its wholly-owned subsidiary, CSA, has entered into binding heads of terms to sell certain business and assets to a new joint venture vehicle formed between Cineworld Group plc ('Cineworld') and Odeon Cinemas Ltd ('Odeon'). The heads of terms provide for consideration payable to CSA of £0.5m payable on completion and are subject to conditions, including regulatory approvals and a formal agreement being executed before 30 September 2008. The terms of the existing sales contracts between CSA and Cineworld and Odeon respectively are amended to provide for revenue sharing arrangements for a period at least until 30 June 2008. CSA is reviewing options for the remaining business and assets of the company. For further enquiries please contact: ITV plc Tel: 0844 8818000 Press queries Jim Godfrey - Director of Corporate Affairs Tel: 084488 18434 Investor queries Pippa Strong - Head of Investor Relations Tel: 084488 14767 Tulchan Communications Group Tel: 020 7353 4200 Andrew Grant Susanna Voyle David Allchurch This information is provided by RNS The company news service from the London Stock Exchange

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ITV (ITV)
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