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Dori Media Group (DMG)

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Friday 22 January, 2010

Dori Media Group

Dori Media Group to Sell Stake in Argentinean T...

Dori Media Group to Sell Stake in Argentinean T.V. Studios

DORI MEDIA GROUP

DORI MEDIA GROUP TO SELL STAKE IN

ARGENTINEAN T.V. STUDIOS

Dori Media Group, (“DMG” or “the Company”), the international media company active in the field of television, with focus in production, distribution, marketing and broadcasting of telenovelas, announces the sale of its 50% stake in Dori Media Central Studios (“DMCS”), its TV production studios in Argentina for US$850,000 to Mrs. Celina Amadeo, the owner of the remaining 50% of DMCS and to Mr. Marcelo Octavio Amadeo. The sale has been agreed between the parties and is now subject to approval by the Labor Ministry of Argentina, which is expected in February 2010.

DMCS, formerly known as Central Park Productions S.A., was established in its current structure on October 26th, 2007 when Dori Media International GmbH (“DMI”), a wholly own subsidiary of DMG, became an equal partner in the Studios with Mrs. Celina Amadeo.

Following a divergence of interests and looking for new ventures in Latin America and specifically in Argentina, Dori Media Group decided to sell its 50% stake to Mrs. Celina Amadeo. However, this will not affect DMG’s production plans in Latin America and in Argentina. ‘Ciega a Citas’ (Date Blind), Dori Media’s leading series co-produced with ROSSTOC S.A., will continue to be filmed at the studios until mid 2010.

Nadav Palti, President & CEO of Dori Media Group commented: "Buying a stake in Dori Media Central Studios was part of a larger strategy, and this strategy hasn't changed. Dori Media Group is now examining new opportunities and ways to invest in new ventures in Latin America. In addition, the group will continue its traditional productions in Argentina, producing high quality titles, with international appeal, and sell them worldwide such as the current successful production of ‘Ciega a Citas’. Production plans of DMG in Argentina for 2010 are already taking place and in fact we have plans for at least 2 new productions to be produced by Dori Media Contenidos S.A., the Argentinean production arm of DMI.”

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For further information on Dori Media Group, please visit our website on www.dorimedia.com or contact:

Dori Media Group Ltd.           Shared Value Limited
Nadav Palti, CEO & President NicolasDuperrier/Mark Walter
Tel: +972 3 7684000 Investor & Media relations

[email protected]

Tel. +44 (0) 20 7321 5010

[email protected]

 
Daniel Stewart & Company
Paul Shackleton/Oliver Rigby
Tel. +44 (0) 20 7776 6550

Dori Media Group is an international media group that produces, distributes and broadcasts telenovelas. The group owns approximately 4,500 television hours that it sells to a wide variety of audiences in more than 70 countries. In Israel, Dori Media is the owner of Dori Media Paran and Dori Media Darset, which produce daily series and telenovelas for the Israeli market. It also owns and operates two telenovela channels, Viva and Viva Platinum. In the Israeli market, Dori Media also packages, produces and operates all of the movie and series channels on HOT cable television. In Indonesia, the company operates the Televiva Vision 2 channel that is devoted to telenovelas, GINX the video gaming channel and Baby TV Vision 3 for toddlers. Dori Media is also the owner and the operator of the Latin series website www.Novebox.com . The Dori Media Group in controlled by Mapal Communications Ltd. one of the largest media companies in the Israel. The group is traded on the London Stock Exchange where its symbol is DMG.

For more information on Dori Media, visit our corporate website at http://www.dorimedia.com/.


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