Yellow Bird starts German production company

Zodiak-owned film and drama company Yellow Bird begins its planned
international expansion, by entering the German market.

Yellow Bird will set up a new production company based in Munich. The
start up is a joint venture together with Oliver Schündler, who will
run the company as Managing Director. Mr Schündler is currently head
of Bavaria Media Television, the international unit of one of
Germany's largest production groups.

- "I am very happy to announce that Yellow Bird has now taken this
first step towards a broad international expansion", says Patrick
Svensk, CEO and President of Zodiak Television. "The Yellow Bird
business is crucial to our strategy of building a strong rights
catalogue which we can capitalise on in all our territories."

The Munich company will focus on cinema feature films and TV fiction
for the German speaking market. Initial productions will be based on
rights that Yellow Bird already controls, which will shorten the time
to market for the company.

- "By tapping in-to the rights catalogue that we have already built,
we expect the German business to be profitable much quicker than what
is normally the case for a drama start up", says Mikael Wallén, MD of
Yellow Bird.

Germany has long been an important market for Yellow Bird. The
Swedish Wallander movies, as well as other previous productions, have
received substantial financing from German broadcasters.

- "Entering this market is a very logical step for us. We already
have well established relations with Germany's biggest broadcasters
and several of the authors which we have the rights to produce, for
example Henning Mankell, are very popular in the country", says
Mikael Wallén.

For more information, please contact:

Patrick Svensk
CEO and President Zodiak Television
+46-708 66 07 30

Erik Hultkvist
Investor Relations
+46-739 37 05 16

Zodiak Television is one of the most innovative and creative
producers of content in the world today, comprised of a perfect blend
of more than twenty successful international businesses. Zodiak
International distributes content produced by Zodiak Television, as
well as third party producers, to clients throughout the world.

Zodiak Television AB companies include Bullseye (UK), Diverse
Productions (UK), Lucky Day (UK), Red House (UK), Zodiak
International (UK), Kanakna (Belgium, Netherlands), Social Club
Productions (Denmark), Mastiff (Sweden, Denmark, Norway, Ukraine),
Jarowskij (Sweden), 5th Element (Sweden), Yellow Bird (Sweden),
Broadcasters (Finland), Mastiff Media (Poland), TeleAlliance Media
Group (Russia, Belarus), Dixi Media (Russia), YS Films (Ukraine) and
Sol (India)