Ad Hoc Disclosure under Sec. 15 of the German Securities Trading Act

Munich, July 26, 2010. The ProSiebenSat.1 Group continued its earnings growth in Q2 2010. Recurring EBITDA increased by 31.1 percent to EUR 263.8 million (Q2 2009: EUR 201.2 million). Thus the ProSiebenSat.1 Group once again exceeded market expectations. Net income for the period (after non-controlling interests) was at EUR 74.5 million. This corresponds to a growth of 63.7 percent (Q2 2009: EUR 45.5 million).

Increased revenues in all segments combined with almost flat recurring costs in the second quarter led to this substantial earnings growth. External revenues in the Free TV German-speaking segment rose by 8.3 percent to EUR 459.7 million in Q2 2010 (Q2 2009: EUR 424.6 million). The revenue contribution of the Free TV International segment grew by 10.7 percent to EUR 204.8 million (Q2 2009: EUR 185.0 million). In the Diversification segment the Group also achieved a significant revenue growth of 14.0 percent to EUR 96.1 million (Q2 2009: EUR 84.3 million).

The Groups total revenues were up by 9.6 percent to EUR 760.6 million (Q2 2009: EUR 693.9 million). Recurring costs (total costs less non-recurring expenses, depreciation and amortization) were EUR 498.1 million (Q2 2009: EUR 495.7 million).

Net financial debt was at EUR 3.275 billion at the end of the quarter and was down by EUR 152.2 million from the comparable figure of last year (June 30, 2009: EUR 3.427 billion).

The ProSiebenSat.1 Group will release its full half year financial report on August 5, 2010.