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RTL Rtl Group

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Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Rtl Group LSE:RTL London Ordinary Share LU0061462528 ORD SHS NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Disposal

02/01/2002 3:01pm

UK Regulatory


RNS Number:3841P
RTL Group
2 January 2002

         RTL Group sells Swedish radio stations to Modern Times Group

Luxembourg, January 2nd 2002 - RTL Group, today announces the disposal of its
Swedish radio stations Lugna Favoriter and WOW 105.5 to the media group Modern
Times Group (MTG AB).

The agreement is subject to approval by the Radio- & TV-verket regulatory
authority.

RTL Group's Chief Executive Officer Didier Bellens commented: "The disposal of
stations Lugna Favoriter and WOW 105.5 is part of an ongoing portfolio review
within RTL Group, as we continue to focus on our strong core businesses while
reviewing loss-making or non-core activities."

Both radio stations are based in Stockholm where Lugna Favoriter has 141,000
listeners and Wow 105.5 has 42,000 listeners.

Contact:

RTL Group                             Finsbury

Roy Addison                           Julius Duncan

+ 44 207 7691 6830                    + 44 207 251 3801

+ 352 421 425 130                     Julius.Duncan@finsbury.com

roy.addison@rtlgroup.com



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