MFE-Mediaforeurope to consolidate Prosieben from Oct 1

MFE-MEDIAFOREUROPE NV MFEA CFO Marco Giordani tells analysts call:

• MFE-MEDIAFOREUROPE CFO: COMPANY DOES NOT PLAN ANY DOMINATION AGREEMENT WITH PROSIEBEN IN THE NEXT 6-12 MONTHS

• MFE-MEDIAFOREUROPE CFO: IF NO SUPERVISORY BOARD MEMBER STEPS DOWN, WE WON’T WAIT NEXT AGM TO PROPOSE A NEW BOARD

• MFE-MEDIAFOREUROPE CFO: WILL ASK SUPERVISORY BOARD TO CARRY A REVIEW OF NON CORE ASSETS TO DECIDE WHAT TO SELL OR WIND DOWN, WE NEED GASOLINE TO INVEST IN CONTENT AND CUT DEBT

• MFE-MEDIAFOREUROPE CFO: WILL START CONSOLIDATE PROSIEBEN LINE BY LINE FROM OCT 1