10 July 2008
ITV plc
Completion of sale of certain assets of Carlton Screen Advertising Ltd ('CSA')
Further to the announcement on 6 March 2008, ITV plc today announces the completion of the sale of certain assets of CSA to Digital Cinema Media Limited, a joint venture vehicle formed between Cineworld Group plc ('Cineworld') and Odeon Cinemas Limited ('Odeon'), for cash consideration of £0.5 million. Regulatory approval for this sale was obtained on 1 July 2008.
Strategic options for the remaining assets of CSA, including the Irish operations, will be considered in the coming months.
- ends -
For further enquiries please contact:
ITV plc
Tel: 020 7156 6000
Investor Relations
Christy Swords - Director of Investor Relations
Pippa Strong - Head of Investor Relations
James Tibbitts - Company Secretary
Media Relations
Louise Evans - Head of Press, Commercial and Financial
Tulchan Communications (PR Advisers to ITV plc)
Tel: 0207 353 4200
Susannah Voyle
Lizzie Morgan
Website: www.itv.com; investor information: www.itvplc.com