Central European Media Enterprises Ltd. Reports Results for the Full Year and 4Q

FULL YEAR
- Net revenues decreased 1% at actual rates but increased 5% at constant rates to US$ 694.8 million -
- Operating income increased 6% at actual rates and 11% at constant rates to US$ 187.3 million -
- OIBDA increased 11% at actual rates and 18% at constant rates to US$ 247.9 million -

FOURTH QUARTER
- Net revenues decreased 1% at actual rates but increased 2% at constant rates to US$ 225.8 million -
- Operating income decreased 15% at actual rates and 12% at constant rates to US$ 68.5 million -
- OIBDA increased 5% at actual rates and 8% at constant rates to US$ 95.1 million -

Full press release