Dori Media Rents TV Studio to Argentinean Production Company

TEL AVIV, December 18: Dori Media Group’s Dori Media Central
Studios (DMCS), formerly Central Park Productions, has reached a three-year
agreement to rent one of its three Buenos Aires-based television studios to
Argentinean producer Ideas Del Sur for $3.6 million.

Ideas Del Sur produced the telenovela Patito Feo in the DMCS studios in 2007 and is expected to
continue producing in the same facilities in the future. Dori Media Group will
continue to be able to use the remaining two studio facilities for its own
production requirements.

As of October 2007, DMCS is jointly owned by Dori Media
International, the fully-owned Swiss subsidiary of DMG, and Celina Amadeo, the
CEO of DCMS and the VP of production at Dori Media Contenidos.

Nadav Palti, the president and CEO of Dori Media Group,
commented: “We are very pleased to have reached an agreement with Ideas Del
Sur. This deal not only secures additional income for DMCS for the next three
years, it also further boosts DMCS’s influence in one of the major telenovela
production markets in the world. We are confident that this will be a
beneficial agreement for all parties.”

—By Irene Lew