7

& 0

n

r r

e 8

0

e

g 0

a il

0 g

2

e

2 e

e

Z

H

h

d

c s

y r r

r r

a

t

a a

l

l

h m

M l

l

r

e u

E

5

G

s

Fu

e r Agenda

● Introduction

○ Business Review

○ Financial Review

○ Outlook RTL Group 2007 Full Year Highlights

Revenue Reported EBITA EBITA margin 5.7 billion 898 million 15.7% p +1.2% +5.5% +0.6p

Increased Excellent cash Total proposed conversion: 110% underlying results Dividend up 67% from all main to Net Cash Profit Centres EUR 5 per share EUR 1,059 million

► RTL Group with good revenue growth and record EBITA results Agenda

○ Introduction

● Business Review

○ Financial Review

○ Outlook Profit Centre Germany – Full Year Results 2007

Audience share (14-49) in % Key financials (in EUR million)

1,983 1,965 33.6 33.1 33.2 32.9 RTL ROS 32.1 32.2 ROS 31.8 16.9% 31.4 15.3% 30.6 30.3 30.4 30.3 P7S1 +11.6% 29.6 29.4 29.4 336 301 29.3 29.0 29.0

FY 2007 FY 2006 1999 2000 2001 2002 2003 2004 2005 2006 2007 Revenue EBITA

Audience share (14-49) in % Share of net advertising market (%)

+0.4 -0.7 +0.1 +0.3 +0.8 +0.2 45.0 45.2 RTL 44.6 16.0 44.4 43.8 43.8 43.7 44.4 11.7 43.3 10.6 42.9 43.6 43.7 43.4 43.1P7S1 7.9 6.3 40.8 5.6 40.7

2000 2001 2002 2003 2004 2005 2006 2007 RTL Sat.1 Pro7 RTL II Vox Kabel1

Source: GfK, ZAW and RTL Group estimates Profit Centre M6 – Full Year Results 2007

Audience share (housewives < 50) in % Key financials (in EUR million)

-1.3 -0.5 -1.5 -1.4 +4.9 1,357 1,410 ROS 1,275 17.5% ROS 34.8 17.7% -4.8% 18.0 14.2 17.6 8.7 237 249 226 M6 TF1 2 Others FY 2007 FY 2006 Revenue EBITA Underlying

W9 (audience 4+ in DTT homes), December, in % Advertising market (%)

Net ad development Net ad share 2007 vs. 2006 4.0 3.7 3.5 53.0 52.9 4.0 2.7 2.3 1.6 1.2 20.2 20.8 0.6 0.9

C W9 M6 TF1 Market 2006 2007 TM NT1 in 17 NRJ12 Virg M6 TF1

Source: Mediamétrie, RTL Group estimates Profit Centre FremantleMedia – Full Year Results 2007

Key facts 2007 Key financials 2007 (in EUR million)

ƒ Business continues to perform strongly 1,132 1,128 in its three main markets, especially in the US ƒ The US business had successes on all major networks in 2007 with season 6 of “Idol” gaining an average audience share of 30 per cent ROS ƒ “Got Talent” continues tradition of 11.6% ROS “travelling formats” becoming an 11.1% international hit in 17 territories as at the end of the year

ƒ Value of long running series +4.8% demonstrated following the sale of 131 125 “Neighbours” to Five ƒ Growth initiative launched including Talent Fund and UFA Cinema in FY 2007 FY 2006 Germany Revenue EBITA Profit Centre Five – Full Year Results 2007

R epo Share of adult viewing (all day) in % Key financials (in EUR million) rted

-0.8 -0.3 -0.4 -1.0 +0.2 +2.4 499 466 33.3 ROS 22.9 19.9 ROS -0.2% 2.0% 8.9 8.8 10 5.3 -1 0.9 FY 2007 FY 2006 Five BBC1 BBC2 ITV1 C4 Five Others m/c Revenue EBITA Ma in c han Net advertising market (%) Key financials (in EUR million) nel Net ad development Net ad share 457 459 2007 vs. 2006 ROS 8.3 ROS 9.3 7.7% 4.6% 8.8 2.9 35 +66.7% 21

1) Market Five 2006 2007 FY 2007 FY 2006 1) Five Revenue EBITA

1) Five family spot advertising revenue Source: BARB, ITC Profit Centre Netherlands – Full Year Results 2007

Audience share (shp 20-49, primetime) in% Key financials (in EUR million) 408 -0.2 +2.1 -1.0 -2.2 350

29.7 ROS 26.6 ROS 25.3 20.8% 20.0% +21.4% 85 70 3.5 75

RTL SBS Ned 1-3 Talpa/Tien FY 2007 FY 2006 Revenue Underlying EBITA Note: Talpa/Tien stopped broadcasting in August 2007 EBITA

Share of net advertising market (%)1) Key facts 2007 ƒ Stable audience shares with higher revenue 6.7 3.1 5.8 offset by an increase in programme costs 5.4 37.9 40.4 ƒ Asset deal with Talpa Media resulted in 21.7 addition of Radio 538 and certain programming Market: 20.0 to RTL Netherlands +6.8% 30.7 ƒ New station, RTL 8, launched in August RTL SBS ƒ EBITA improved to EUR 85 million including 28.3 STER first time consolidation effect of Radio 538 FY 2006 Talpa FY 2007 Others amounting to EUR 10 million

1) Source : RTL Group estimates Profit Centre Belgium – Full Year Results 2007

Audience share (shp 18-54, primetime) in % Key financials (in EUR million) 210 186 +0.5 -0.1 -0.4 -0.3

35.3 29.0 ROS ROS 23.3% 18.3% 16.9 49 +44.1% 34 5.0 39

RTL Belgium Pubcaster AB Group French FY 2007 FY 2006 Channels Revenue EBITA Underlying EBITA

Net ad development (%) Key facts 2007 2007 vs. 2006 ƒ Outperformance by both TV and radio activities in positive advertising market

5.4 ƒ Radio performed strongly partly due to 2.4 creation of new radio hub ƒ EBITA improved to EUR 49 million (incl. one-off effects). Underlying EBITA of -6.0 Market RTL TVi RTBF EUR 39 million, plus 15% on 2006

Source: Audiométrie 1) CIM MDB South, TVi estimates Profit Centre Radio France – Full Year Results 2007

ket mar ned !! gai hip Re ers Audience share Nov – Dec 2007 (13+, 5-24h, Mon - Fri) in % lead 19.5 +0.6p 16.9 -1.3p 13.7 -0.6 18.2 +0.6p +0.4 0.0 +0.2 -0.2 -0.1 -0.7 -0.3 0.0 0.0 -0.6 -0.1 +0.1 +0.6 +0.6 0.0 +0.3 -0.8 13.1 9.8 7.5 8.7 6.6 5.6 5.5 3.5 3.4 3.3 4.0 4.9 4.1 2.9 1.3 2.9 1.3

RTL Fun RTL2 NRJ NostalgieChérie Rire & Eur. 1 Virgin RFM France France France RMC Skyrock MFM Indep. Radio FM Chansons Inter Bleu Info Info RTL Group stations NRJ Group Lagardère Pubcaster Other x Deviation vs. Nov – Dec 2006

Key facts 2007 Key financials (in EUR million) ƒ RTL family re-establishes and maintains market leadership 190 198 ƒ Advertising market share improved 1.1 ROS ROS points to 27.8 per cent and out-performed 17.4% 16.7% in a market estimated to be down almost 33 33 6% ƒ Two digital stations launched – RTL FY 2007 FY 2006 L’Equipe and RTL Autrement Revenue EBITA Profit Centre RTL Televizija – Full Year Results 2007

Audience share (18-49, all day) in % Key financials (in EUR million)

48 -0.3 +3.0 -2.3 -1.3 44

28.3 25.9 ROS 18.7 17.6 4.2% 2 0

RTL Televizija Nova HTV1 HTV2 FY 2007 FY 2006 Revenue EBITA

Net ad development (%) Key facts 2007 2007 vs. 2006 ƒ Strong audience and advertising market 55.8 positions maintained ƒ First full year positive EBITA following on from breakeven position in 2006 4.8 3.2 -9.7

Market RTL HTV Nova Profit Centre Antena 3 – Full Year Results 2007

10 0% v Audience share (13-55) in % Key financials (in EUR million) iew 1,016 -2.7 -0.7 -1.3 +1.3 +2.7 1,002 ROS ROS 32.9% 34.7% 22.0 18.0 17.2 9.5 334 -4.0% 348 5.0

Antena 3 Telecinco TVE Cuatro La Sexta FY 2007 FY 2006 Revenue EBITDA G ro up c Net ad development (%) Key financials (in EUR million) on tri bu tio 2007 vs. 2006 n

-18.4% 49 40 8.7 8.4 -0.2 3.0 38

FY 2007 FY 2006

Underlying Group contribution Market Antena 3 T5 TVE

Source: Internal estimates Profit Centre RTL Klub and REN TV – Full Year Results 2007

RTL Klub (Hungary) Ren TV (Russia)

Audience share (18-49, primetime) in % Audience share (6-54, all day, Russia) in %

+0.4 -2.7 -1.9 -1.2 -1.9 -1.5 +1.1 +1.1 +0.1

34.8 18.1 25.8 14.0 13.3 11.1 8.4 5.0 7.1

RTL Klub TV2 MTV1 Ch1 Russia STS NTV TNT REN TV

Key financials (in HUF million) Key financials (in EUR million) 10 10 0% 117 0% 33,086 v vi 31,814 iew ew ROS 87 ROS 16.9% ROS ROS 15.0% +17.7% 12.0% 18.4% 5,606 4,764 14 16

FY 2007 FY 2006 FY 2007 FY 2006 Revenue EBITA Revenue EBITA Agenda

○ Introduction

○ Business Review

● Financial Review

○ Outlook Review of results 31 December 2007 (1/2)

In EUR million Year to Year to Per cent December December change 2007 2006

Revenue 5,707 5,640 +1.2

Reported EBITA 898 851 +5.5

Restructuring charges and (3) 2 similar

Start-up losses 38 36

Adjusted EBITA 933 889 +4.9

Reported EBITA margin (%) 15.7 15.1 +0.6pp

Adjusted EBITA margin (%) 16.3 15.8 +0.5pp Review of results 31 December (2/2)

In EUR million Year to Year to Per cent December December change 2007 2006

Reported EBITA 898 851 +5.5

Impairment of goodwill and disposal (152) (16) groups and amortisation of fair values

Gain/Loss from sale of subsidiaries, joint 76 207 ventures and other investments

Net financial income 22 35

Income tax (expense) / income (170) 34

Profit for the year 674 1,111 (39.3)

Attributable to:

Minority Interest 111 221

Profit for the year attributable to 563 890 (36.7) RTL Group shareholders

Adjusted EPS 3.54 3.52 +0.6 Cash flow statement as of 31 December 2007

In EUR million Year to Year to December December 2007 2006

Net cash flow from operating activities 860 864

Add: Income tax paid 256 103

Less: Acquisition of assets, net (124) (132)

Equals: Reported free cash flow (FCF) 992 835

Acquisition of subsidiaries and JVs, net of cash acquired 57 (36)

Disposal of subsidiaries and JVs, net of cash 3 (58)

Other financial assets (deposit excluded), net 117 54

Net interest received 16 16

Income tax paid (256) (103)

Dividends paid (537) (235)

Cash generated 392 473

Reported EBITA 898 851

EBITA conversion (FCF/EBITA) 110% 98% Agenda

○ Highlights

○ Business Review

○ Financial Review

○ Outlook Outlook

► Despite macro economic climate no reason at this stage to be pessimistic ► Nevertheless remain cautious given continued low visibility

7

0

&

n

r

e r 8

0

e

g 0

a

il

0 g

2

e

2 e

e

Z

H

h

c

s

y d r r

r

r

a t

a

a

l

l

m

h

M

l

l

r

u

E

5 e

G

s

Fu

e r