19 Aug 2009 07:00
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19thΒ August 2009
GRUPO CLARIN S.A.
TelevisiΓ³n Satelital Codificada S.A.
On 14 August 2009, Grupo ClarΓn S.A. (the "Company") informed the Argentine Securities Commission that the Argentine Football Association ("AFA") had notified TelevisiΓ³n 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 holdsΒ exclusive television rights of AFA's Premier League footballΒ matchesΒ until 2014.
TSC is assessing theΒ appropriateΒ measures to protect its contractual rights.
Enquiries:
In Buenos Aires:
Alfredo MarΓn/M. Julia DΓaz Ardaya/Alejandro Yu
Grupo ClarΓn
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
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