Dori Media Anticipates Strong 2007 Results

TEL AVIV, January 23: On the back of a successful MIPCOM,
where the company closed deals worth more than $6.3 million, Dori Media Group
is projecting strong results for the year ended December 31, 2007, ahead of the
release of its preliminary financial reports on February 21.

The company’s directors are expecting to report results that
are 10 percent ahead of current market expectations. Dori Media shored up a
host of deals at MIPCOM, and also expects to see a boost from the acquisition
of a 50-percent stake in Buenos Aires-based Central Park Productions, now
renamed Dori Media Central Studios. The move grants Dori valuable production
space and enabled it to secure a US$3.6 million three-year deal to lease one of
its three television studios to Ideas Del Sur.

Another highlight for Dori Media in 2007 was its agreement
with Israeli platform HOT to run its movie and general entertainment channels. Revenues
from this deal are expected to reach between $52.5 million and $67.5 million
over the initial three-year contract. The income generated from this agreement
will not appear on DMG’s 2007 preliminary results as the deal commenced on
January 1, 2008.

Nadav Palti, the president and CEO of Dori Media Group,
commented: “2007 was a very successful year for Dori Media and our preliminary
results will reflect this. The launch of our latest Telenovela LaLola was a particular highlight having been sold to 24
countries in less than six months. We are very confident about the group’s
prospects for 2008, particularly as there is a growing appetite for telenovelas
among the Western European TV audience. We also look forward to the
contribution of Dori Media Paran and Dori Media Darset to our success in 2008
following their promising start to the year.”

—By Mansha Daswani