ProSiebenSat.1 Media AG

euro adhoc: ProSiebenSat.1 Media AG
Board of Directors (Appointments and Changes)
NOTICE IN COMPLIANCE WITH SECTION 15 OF THE GERMAN SECURITIES TRADING ACT (WPHG) ProSiebenSat.1 Media AG receives new Supervisory Board (E)

--------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. ---------------------------------------------------------------------

Munich, August 13, 2003. Following the takeover of 36 percent of its share capital by the Saban Capital Group, ProSiebenSat.1 Media AG is to receive a new Supervisory Board.

The future Supervisory Board will comprise Adam Chesnoff, Chief Operating Officer of the Saban Capital Group; Wolfgang Hartmann, member of the Management Board of Commerzbank AG; Ron Kenan, media consultant; Ynon Kreiz, director of the Saban Capital Group; Arieh Saban, media businessman; and Haim Saban, Chairman and CEO of the Saban Capital Group. Dr. Michael Jaffé, attorney-at-law and insolvency administrator of KirchMedia GmbH & Co. KGaA, and Dr. Mathias Döpfner, Chairman of the Management Board of Axel Springer AG, are to keep their seats on the Supervisory Board. KirchMedia and Axel Springer Verlag have retained equity interests totaling 28 percent in ProSiebenSat.1 Media AG through a joint venture. Hubertus Meyer-Burckhardt, member of the Management Board of Axel Springer AG, is envisaged as the second representative of the publishing house.

As is usual in such cases, the new members of the Supervisory Board are to be appointed as soon as possible by the competent court and for the period up to the next general meeting.

end of announcement            euro adhoc 13.08.2003
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Further inquiry note: Contact: Dr. Torsten Rossmann Corporate Spokesman ProSiebenSat.1 Media AG Medienallee 7 D-85774 Unterföhring Tel.: +49 [89] 95 07-11 80 Fax: +49 [89] 95 07-11 84 email: Torsten.Rossmann@ProSiebenSat1.com Press release online: www.ProSiebenSat1.com

Branche: Media
ISIN:      DE0007771172
WKN:        777117
Index:    CDAX, Classic All Share, HDAX, MDAX, Midcap Market Index, Prime All Share, Prime Standard
Börsen:  Frankfurter Wertpapierbörse / official dealing
              Niedersächsische Börse zu Hannover / free trade
              Berliner Wertpapierbörse / free trade
              Bayerische Börse / free trade
              Hamburger Wertpapierbörse / free trade
              Bremer Wertpapierbörse (BWB) / free trade
              Börse Düsseldorf / free trade



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