Eros International PLC Launch of Premium Television Channels in India

TIDMEROS

Eros International PLC

06 December 2012

Eros International Plc ("Eros" or the "Company")

HBO ASIA AND EROS INTERNATIONAL TO LAUNCH

2 PREMIUM TELEVISION CHANNELS IN INDIA

London, 6(th) December 2012 - HBO Asia, the regional pay TV leader and Eros International Plc, a leading global company in the Indian film entertainment industry, today made a joint announcement to launch two new premium advertising-free movie channels, HBO DEFINED and HBO HITS, in India.

This landmark collaboration between two entertainment giants brings the best of Hollywood and Bollywood together to redefine the pay TV movie space in India.

This first ever exclusive alliance will also provide for the development of both HBO's existing formats for India as well as the creation of original content for the Indian television market and international distribution.

Kishore Lulla, Executive Chairman of Eros International plc said, "I am very excited about building the Eros brand in Premium Pay Television, particularly with an industry leader such as HBO Asia. There are few global companies that have mastered the premium film and TV space like HBO and their global success says it all. We look forward to cultivating new spaces together in India and especially the development of HBO content for TV and online."

Jonathan Spink, CEO of HBO Asia, said, "The opportunity to work with Eros, who has such a visibly dominant presence in the Indian film and entertainment arena, is tremendous and together we will aim to deliver a first class cinema experience in the comfort of your home, 100% advertising free. We are equally excited to work with Eros in developing compelling original content for the Indian audience. We look forward to more good things to come."

More details on the channels, including launch dates, will be released later.

For further information, please contact:

Eros International Plc

Andrew Heffernan

Chief Financial Officer

T: [phone]

Sean Hanafin

Chief Corporate & Strategy Officer

T: [phone]

Jamie M.M. Kirkwood

Group Communications & Investor Relations

T: [phone]

Investec Bank plc

Nominated Adviser & Joint Broker

Jeremy Ellis / Patrick Robb / Carlton Nelson

T: [phone]

Peel Hunt LLP

Joint broker

Richard Kauffer / Daniel Harris

T: [phone]

Pelham Bell Pottinger

Nick Lambert / Victoria Geoghegan / Elizabeth Snow

T: [phone]

About Eros International Plc

-- Eros co-produces, acquires and distributes Indian language films, in multiple formats worldwide

   --     In 2006, Eros listed its shares on the AIM Market of the London Stock Exchange 

-- In October 2010, Eros International listed its Indian subsidiary Eros International Media on the BSE & NSE in India

-- Eros operates in over 50 countries, with offices throughout India, the United Kingdom, USA, UAE, Singapore, Australia, Fiji and the Isle of Man

About HBO Asia

HBO Asia is able to bring the best of Hollywood to Asia first because of its exclusive licensing deals with major Hollywood studios. In addition to the proprietary and award-winning HBO Original programs that are produced exclusively for HBO viewers, HBO Asia works with a large number of major independent production companies to secure exclusive rights to a host of quality movies. In Asia, HBO Asia offers five subscription movie channels with uninterrupted programming in SD and HD formats - HBO, HBO SIGNATURE, HBO FAMILY, HBO HITS and CINEMAX - as well as a subscription video-on-demand service, HBO ON DEMAND. In South Asia, it offers HBO, HBO DEFINED and HBO HITS in SD and HD formats. HBO Asia is a joint venture of HBO (a Time Warner company) and Paramount. For more information, please visit: www.hboasia.com or www.hbosouthasia.com.

A registration statement relating to Eros' A Ordinary Shares has been filed with the United States Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any offer or sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

Some of the information presented in this press release and in related comments by Eros' management contains forward-looking statements. In some cases, these forward-looking statements are identified by terms and phrases such as "aim," "anticipate," "believe," "feel," "contemplate," "intend," "estimate," "expect," "continue," "should," "could," "may," "plan," "project," "predict," "will," "future," "goal," "objective," and similar expressions and include references to assumptions and relate to Eros' future prospects, developments and business strategies. Similarly, statements that describe Eros' strategies, objectives, plans or goals and statements regarding the proposed offering and the anticipated costs of these transactions are forward-looking statements and are based on information available to Eros as of the date of this press release. Forward-looking statements are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those contemplated by the relevant statement. Such risks and uncertainties include a variety of factors, some of which are beyond Eros' control, including market conditions. Information concerning these and other factors that could cause results to differ materially from those contained in the forward-looking statements is contained under the caption "Risk Factors" in Eros' Registration Statement on Form F-1 filed with the U.S. Securities and Exchange Commission. Eros undertakes no obligation to revise the forward-looking statements included in herein to reflect any future events or circumstances, except as required by law. Eros' actual results, performance or achievements could differ materially from the results expressed in, or implied by, these forward-looking statements.

This information is provided by RNS

The company news service from the London Stock Exchange

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