TV4 First Quarter 2002 (with link)


STOCKHOLM, Sweden, April 26, 2002 (PRIMEZONE) -- TV4:


- TV viewing increased overall as a result of the Winter Olympics. TV4's 
  share fell to 23.9 per cent since we elected not to broadcast the
  games. TV4's share improved in March and April.

- Loss after net financial income/expense totalled SEK -39 million, 
  compared with a profit of SEK 8 million the previous year. Earnings
  for the year include a negative one-off figure of SEK 37 million 
  regarding disputed franchise fee on revenues from digital distribution.
  Group revenues fell by 7 per cent to SEK 535 million. Costs fell by 4 
  per cent.

- Local TV operations at the sixteen stations have been organised
  into five regions. Annual costs have been reduced by SEK 20 million.
  The priority is now to better meet the needs of local advertisers.
  First quarter revenues were 4 per cent higher than the previous year.

- TV4.se increased the number of unique website visitors to 1,500,000 in 
  March, which is almost three times last year's figure. TV4.se is now 
  Sweden's second most-visited media site. The number of daily viewers of
  TV4 text TV has risen to 1.83 million, which is an all-time high.

- TV4 Mediteve, a new chat service, was launched in April. It is
  distributed via Canal Digital, Com hem and one of the three channels
  allocated to TV4 on the digital terrestrial network.

- The advertising market remains uncertain. The economies that have been 
  made are expected to yield savings of SEK 100 million in 2002 as
  compared with the previous year.

TV4 AB (publ) 26th April 2002 Interim report for January - March 2002


Profit by division             2002    2001
The TV4 channel             
Pre-franchise fee profit         99     130
Franchise fee                   -70     -86
Profit after franchise fee       29      44
Local TV                 
Pre-franchise fee profit         -5      -6
Franchise fee                   -22     -21
Profit after franchise fee      -27     -27
TV4 Interaktiv                   -2      -4
Allt om Stockholm                -2      -5
Items affecting comparability   -37       -

Profit after financial items  -39  8

Next report

TV4's interim report for the second quarter 2002 will be issued on 23rd July.

Stockholm, 26th April 2002 TV4 AB (publ)

Jan Scherman Managing Director

This interim report has not been subject to special examination by TV4's auditors.


For further information contact Jan Scherman, Managing Director,
tel. +46 8 459 4072, Erik Haegerstrand, Financial Director,
tel. +46 8 459 4061, or Eva Franchell, Information Director,
tel. +46 8 459 4012. Tel. switchboard +46 8 459 4000

This report and other financial information is also available on the Internet at www.tv4.se

This information was brought to you by Waymaker http://www.waymaker.net

The following files are available for download:


 www.waymaker.net/bitonline/2002/04/26/20020426BIT01420/wkr0001.doc
 The full report

 www.waymaker.net/bitonline/2002/04/26/20020426BIT01420/wkr0002.pdf
 The full report