DGAP-Adhoc: ProSiebenSat.1 Media AG: ProSiebenSat.1 corrects earnings forecast for 2008 due to shortfall in German TV ad sales

| Source: EQS Group AG EQS Group AG 

ProSiebenSat.1 Media AG / Profit Warning/Forecast

24.09.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Munich, September 24, 2008. The ProSiebenSat.1 Group expects to fall short
of its Group earnings target for 2008. Recurring EBITDA for 2008 is assumed
to be in the range of EUR 670 million to EUR 700 million, given the lack of
visibility in the German advertising market.

After a good start in July and August, the trading situation in September
and early data for October indicate that the performance of the German Free
TV business will be below expectations in the second half of 2008.

ProSiebenSat.1 attributes its revenue performance in the German TV
advertising market primarily to the continuing impact of the implementation
of the sales model in 2008 and to deteriorating conditions in the German
economy.

This does not affect the Group’s financing arrangements.


Contact:
Julian Geist
Head of
Corporate Communications
ProSiebenSat.1 Media AG
Medienallee 7
D-85774 Unterföhring
Ph. +49 [89] 95 07-11 51
Fax +49 [89] 95 07-911 51

E-mail:
Julian.Geist@ProSiebenSat1.com

Press release online:
www.ProSiebenSat1.com


DGAP 24.09.2008 
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Language:     English
Issuer:       ProSiebenSat.1 Media AG
              Medienallee 7
              85774 Unterföhring
              Deutschland
Phone:        +49 (0)89 9507-1151
Fax:          +49 (0)89 9507-1184
E-mail:       julian.geist@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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