[Tisková zpráva] Hamilton, Bermuda – February 5, 2008 – Central European Media Enterprises Ltd. (“CME”) (Nasdaq/Prague Stock Exchange: CETV) today announced that it has entered into agreements with its partners in Studio 1+1 to acquire all minority interests in the Studio 1+1 Group of companies. Upon completion of this transaction, CME will own 90% of Studio 1+1 and will have a right to acquire the remaining 10%. Currently CME holds 60% of Studio 1+1. CME expects to fund the transaction from cash on hand and its current credit facilities. The transaction is expected to close by the end of the second quarter of 2008 following the receipt of certain regulatory approvals.