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19 Aug 2009 07:00
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
GCLA.L (GCLA)
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