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Statement re Televisi?n Satelital Codificada S.A.

19 Aug 2009 07:00

RNS Number : 6602X
Grupo Clarin S.A.
19 August 2009
 



19th August 2009

GRUPO CLARIN S.A.

Televisión Satelital Codificada S.A.

On 14 August 2009, Grupo Clarín S.A. (the "Company") informed the Argentine Securities Commission that the Argentine Football Association ("AFA") had notified Televisión Satelital Codificada S.A. ("TSC"), a joint venture in which the Company holds indirectly a 50% interest, of its intention to terminate the agreement between AFA and TSC. Pursuant to said agreement, TSC holds exclusive television rights of AFA's Premier League football matches until 2014.

TSC is assessing the appropriate measures to protect its contractual rights.

Enquiries:

In Buenos Aires:

Alfredo Marín/M. Julia Díaz Ardaya/Alejandro Yu

Grupo Clarín

Email: investors@grupoclarin.com

In London:

Alex Money/Lorna Ellen

Temple Bar Advisory

Tel: +44 20 7002 1080

Email: clarin@templebaradvisory.com

In New York:

Melanie Carpenter/Peter Majeski

I-advize Corporate Communications

Tel: +1 212 406 3692

Email: clarin@i-advize.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
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