Pilat Media Global plc "Five" extends contract with Pilat Media for another six years

Press Release: 06 March 2007

Pilat Media Global plc ("Pilat Media" or the "Company"), the AIM listed provider of integrated business management systems for broadcasters around the world, is pleased to announce the extension of its software licence and support agreement with "Five", the UK commercial broadcaster that is part of the RTL group, by a further six years, to the end of 2012.

This renewal demonstrates the long term nature of Pilat Media's client relations. The contract value over the period is in excess of £4 million in licence and maintenance fees, excluding any additional software development revenues as new functional requirements arise. Five is using the Pilat Media software solution for channel management, including content acquisition, airtime scheduling, promotion insertion, and media trafficking.

Commenting on the announcement, Avi Engel, Chief Executive of Pilat Media Global, said: "We are pleased with the contract extension with Five which follows an existing five year relationship. This contract demonstrates our robust business model and service quality, resulting in long-term recurring revenues."

Grant Murray, Five's Finance Director, said: "Five is delighted to have extended its successful agreement with Pilat Media, and we look forward to continuing to work closely with their team in the years to come."

-Ends-

Notes to editors:

Five (then known as Channel 5) was launched as Britain's fifth and final terrestrial broadcaster on 31st March 1997. In July 2005 the channel became wholly owned by long-standing shareholder RTL, Europe's largest broadcaster. Currently well over 30 million UK viewers watch Five any given week tuning in for programming as diverse as the CSI franchise, Extraordinary People, live UEFA Cup Football, House, Home & Away and Prison Break as well as the channel's award-winning children's strand, Milkshake! In October 2006 Five launched its new digital channels, Five Life and Five US, which within a month of starting established themselves in the Top 15 non-terrestrial channels.