PRESS RELEASE

Providence Equity Partners to Acquire a Majority Stake in the Dutch and Flemish Satellite TV Providers CanalDigitaal and TV Vlaanderen

Hilversum, February 22, 2007 -- CanalDigitaal and TV Vlaanderen, the Dutch and Flemish DTH satellite TV operators, announced today that Providence Equity Partners will acquire a majority stake in the companies. Airbridge Investments, currently the 100% owner of the companies, will co- invest alongside Providence and will hold the remaining shares together with management. The executive management team will remain unchanged. CanalDigitaal will continue its expansion in the Dutch market for TV distribution, and the start up TV Vlaanderen will continue its very successful rollout in the Flemish market. The transaction is subject to the approval of the Netherlands Competition Authority (NMa).

“CanalDigitaal and TV Vlaanderen are exceptionally well positioned to drive and benefit from the expansion of in the Netherlands and Belgium,” said Jörg Mohaupt, a Managing Director of Providence Equity Partners. “The management team has a tremendous understanding of the rapidly evolving digital television marketplace in the Netherlands and Belgium and are focusing these companies on meeting the increasing demand for digital media services there. We look forward to partnering with them to support the growth of these companies.”

Hans Wolfert, Partner of Airbridge Investments and Chairman of CanalDigitaal, said “This agreement marks a new phase in Dutch and Flemish DTH satellite TV distribution. Particularly in the Netherlands watching TV via satellite has rapidly matured, with a market share of over 9% already. With Providence, the largest investor in this field, we will have various benefits and are well prepared for the next phase, which includes challenges such as the successful introduction of HDTV and expansion where possible. This is good news for our customers who appreciate TV service with the most channels, the best quality and the lowest prices.”

Rabo Securities acted as exclusive financial advisor to Providence Equity Partners. Airbridge Investments was advised by Lehman Brothers in relation to this transaction.

About Providence Equity Partners: Providence Equity Partners Inc. is a global private investment firm specializing in equity investments in media, entertainment, communications and information companies around the world. The principals of Providence Equity manage funds with approximately $21 billion in equity commitments and have invested in more than 100 companies operating in over 20 countries since the firm's inception in 1990. Significant investments include Bresnan Broadband Holdings, , , Education Management Corporation, eircom, Freedom Communications, Idea Cellular, Kabel Deutschland, Metro-Goldwyn-Mayer, Ono, PanAmSat, ProSiebenSat.1, Recoletos, TDC, VoiceStream Wireless, Warner Music Group, Western Wireless and Yankees Entertainment Sports Network. Providence Equity is headquartered in Providence, RI (USA) and has offices in New York and London. The firm is in the process of opening offices in Hong Kong and New Delhi.

About Airbridge Investments: Airbridge Investments B.V. is a Dutch investor in the field of TMT investments. Airbridge Investments has an extensive network of executives working in the TMT industry for investing as well as executing Management Buy In transactions.

1 About CanalDigitaal and TV Vlaanderen: CanalDigitaal and TV Vlaanderen have been two exceptionally successful ventures under the management of Airbridge Investments. CanalDigitaal ended the year 2006 with 40.000 new registrations in the last quarter, bringing the total number of customers to well over 700.000. TV Vlaanderen ended its first half year in business with over 30.000 customers.

For further information please contact:

Providence Equity Partners Andrew Cole +1 415 618 8750

Airbridge Investments Hans Wolfert +31.35.6555 608

CanalDigitaal and TV Vlaanderen Martijn van Hout +31.35.6555 608

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