DGAP-Adhoc: Share Buy-Back: ProSieben Sat.1 Media AG intends to purchase 1 Percent of its Preferred Stock

| Source: EQS Group AG EQS Group AG 

ProSiebenSat.1 Media AG / Share Buyback/Share Buyback

04.03.2008 

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Munich, March 4, 2008. By way of a share buy-back resolved today by the
Executive Board, ProSiebenSat.1 Media AG will repurchase a total number of
up to 1,127,500 shares of non-voting preferred stock via the stock
exchange. Such number corresponds to approximately 1% of all preferred
stock or 0.5% of the total share capital of the company. The share buy-back
will be implemented starting as of March 7, 2008 and is primarily intended
to make available to the company the necessary stock to service stock
options of the Long Term Incentive Plan. The Long Term Incentive Plan is a
stock option plan established by the company in 2005 for members of the
Executive Board as well as other selected executives of the ProSiebenSat.1
Group.

The Shareholders’ Meeting as of July 17, 2007 has authorized the company to
acquire treasury stock in the amount of up to 10% of the company’s share
capital at the time of the authorization. The term of the authorization
expires on January 16, 2009. In case of an acquisition via the stock
exchange, the price per share of preferred stock (not including incidental
costs of acquisition) shall not be more than 10% above or more than 20%
below the trading price. The defining trading price for this purpose shall
be the arithmetic average of the closing prices of the company’s preferred
stock in trading on XETRA system on the last five days of trading on the
Frankfurt Stock Exchange prior to the obligation to purchase the stock. The
authorization may be exercised for any legally permitted purpose; in
particular, treasury shares may be used to service stock options which have
been issued in the course of the Long Term Incentive Plan.

The share buy-back will be implemented using a financial institution, which
will decide independently from and uninfluenced by ProSiebenSat.1 Media AG
on when to repurchase stock.
DGAP 04.03.2008 
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Language:     English
Issuer:       ProSiebenSat.1 Media AG
              Medienallee 7
              85774 Unterföhring
              Deutschland
Phone:        +49 (0)89 9507-10
Fax:          +49 (0)89 9507-1122
E-mail:       Katrin.schneider@ProSiebenSat1.com
Internet:     www.prosiebensat1.com
ISIN:         DE0007771172
WKN:          777117
Indices:      MDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart
End of News                                     DGAP News-Service
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