PRESS RELEASE 2006

Press Release - Rome 15/11/06
Press Release - Rome 30/08/06
Press Release -  Paris 30/03/06
Press Release - Rome 01/03/06
Press Release - Rome 16/01/06

MONDO TV GROUP PRESS RELEASE: economic and financial results in the 3rd quarter 2006.

 In the first 9 months 2006 consolidated revenues and EBITDA increased if compared to the same period 2005.

Parent company Mondo TV S.p.A. realized positive results as of revenues (+77%), operative result (+92%) and net profits (+91%).

The Board of Directors of Mondo TV S.p.A. - parent company of the leading European group focused on TV and cinema cartoon creation, production and distribution and cinema and home video distribution in Italy through Mondo Home Entertainment - has approved yesterday evening the economic and financial situation as of 30 September 2006.

Consolidated  results in the 3rd quarter 2006 (1st July - 30th September)

Consolidated revenues increased significantly (+46%) reaching 14.4 million Euro if compared to the 9.9 million Euro in the same quarter of the previous fiscal year.

The “licensing” business area (through the parent company) gave an important contribution to this results and, in a relative way, “home video” business area gave its contribution too through controlled company Mondo Home Entertainment. Moviemax Italia S.r.l. (cinema distribution sector) has been recently acquired by Mondo Home Entertainment.

As far as profitability is concerned, the Group realized positive results again with a consolidated  Gross Operating Margin (EBITDA) which increased by 47% reaching 8.4 million Euro (5.7 million Euro in the third quarter 2005).

Depreciations and amortizations increased up to 7.3 million Euro (4 million Euro in the quarter July-September 2006) due to the parent company’s production activity and to the Moviemax Italia acquisition by Mondo Home Entertainment.

Consolidated Operative Result (EBIT) for the analyzed quarter reached about 1 million Euro (1.6 million Euro in the same quarter 2005).

Estimated taxes for the period under examination are equal to 722 thousand Euro, so that Group’s net profits has been equal to 642 thousand Euro (about 833 thousand Euro in the 3rd quarter 2005).
Main relevant investments that the Group realized during this quarter are related to 2 full-length features dedicated to Karol Wojtyla (post production phase) and to “I Tre Moschettieri” novel (executive production); as far as Moviemax investments are concerned, it is important to point out the full-length film “Nero Bifamiliare”. Parent company’s activity continued thanks to the agreements with Rai and Zdf.

Consolidated results in the first 9 months 2006 (1st January - 30th September)

A larger look to the first 9 months of the current fiscal year shows that Mondo TV Group realized consolidated revenues for 39.7 million Euro, increasing by 7% from the 37.3 million Euro of the same period 2005.

Group’s revenues derived by “licensing” activity (62.5%) and by home video sector (37.5%). From a geographical point of view they have been realized in Italy (51%), in America (41%), in Europe (7%) and in Asia (1%).

Consolidated Gross Operating Margin (EBITDA) has increased by 3% reaching more than 19 million Euro if compared to the 18.5 million Euro of the first 9 months of the previous year.

Depreciations and amortizations increased significantly up to 18.7 million Euro (14 million Euro in the first 9 months 2005) confirming the strong production investments both in animation and cinema sectors.

Consolidated Operative Result (EBIT) has been positive for about 303 thousands Euro (about 4.4 million Euro in the same period 2005).

Net financial operations has been slightly negative for about 313 thousands Euro compared to a very positive results in the first 9 months 2005 (4.4 million Euro) which had been influenced by the non recurring gain deriving from Mondo Home Entertainment floatation to Italian Mercato Expandi stocks exchange.

Estimated taxes for the period under examination are equal to 651 thousands Euro; Group’s net profits have been equal to 791 thousand Euro (5.5 million Euro in the same period 2005 thanks also to the above mentioned Mondo Home Entertainment’s floatation).

Net Financial Position at Group’s level as of 30th Sptember 2006, as already foreseen, has been negative for about 5.5 million Euro (+9.2 million Euro as of 31st December 2005). The main reasons for this result are related to the strong Group’s investment policy in cinema distributions (both Moviemax and temporary live film license rights acquisitions). Parent company’s (Mondo TV S.p.A.) Net Financial Position has remained positive.

Mondo TV S.p.A. main economic results
Mondo TV’s economic results in the third quarter 2005 has been very positive with revenues for about 9.5 million Euro increasing by 77% if compared to the 5.4 million Euro of the same period 2005.

Very positive the Operating Result (EBIT) too with increased by 92% up to 2.4 million Euro (1.2 million Euro in the third quarter 2005) despite the strong increase of non tangible asset amortizations.

Net profits reached 1.7 million Euro (+91% in compared to 894 thousand Euro in the same quarter of the previous fiscal year).

Forecast development of operations

During the fourth quarter of the current year the Group forecast to complete important production and animated full-length features (and its consequent licensing), to start up TV licensing activity for live films (through Moviemax Italia), the regularly running of new distribution agreement realized by Mondo Home Entertainment, the start up of home video distribution in the German market and fiction TV distribution. Thanks to these elements the company forecasts results for the second semester 2006 to be significantly better than the first semester 2006 in terms both of revenues and profitability.

For the entire 2006 fiscal year, the Group estimates consolidated revenues increasing by 20/25% if compared to the entire previous fiscal year.

Rome, 15th November 2006

Please Note:    Third Quarter Figures for 2006 can be downloaded in PDF format

Mondo TV S.p.A. - parent company of the leading European group in production and international distribution of cartoons for TV and home video and cinema distribution in Italy through its subsidiary Mondo Home Entertainment - informs that Orlando Corradi, President of the Group, will propose to the Board of Directors, approximately during autumn, a “buy back” program whose details will be notified afterwards.

The program is promoted with the aim to have a managerial flexibility tool and because management and shareholders are convinced that actual stock market price are not representative of the effective assets consistency and of the actual and perspective development Group’s trends.

Rome, August 30th 2006

Mondo TV Group - leading European group in the production and distribution of cartoons for TV and cinema and operating in related sectors - has just established Mondo TV France S.a.s., with headquarter in Paris, which will be operating in co-production activities of animated TV series for the French market.

Mondo TV France will be leaded by the Managing Director Eve Baron.

Eve Baron has an over 15 years expertise in the kids broadcasting industry: Head of Programs of Canal J, the first kids channel in France, for 10 years, she was until January 2006, since 6 years, the Head of the Youth Department of France 3, the second public channel in France. She was also President of the Group of Youth Experts and the Animation Guarantors Group of the EBU (European Broadcasting Union).

The company is now completely owned by the parent company Mondo TV S.p.A. and, if the targets of its 3-years plan - which will be realized and approved by the company - will be achieved, Ms. Eve Baron will acquire 10% of the share capital.

Company’s core business is to co-produce animated TV series with French television broadcasting networks and, from a strategic point of view, it allows Mondo TV Group to expand its activities also in the French market, which represents one of the most important markets in Europe.

Says Eve Baron: “I am sure that the strong will of Mondo to expand in Europe its savoir faire in production ,combined with the creativity of the French talents will give birth to series that will not only appeal, this is my goal, to French and European kids but will travel all around the world.
I am very proud to join that group and to be part of this very challenging and exciting move.

“It is an important effort for our Group” - says Orlando Corradi, President and CEO of Mondo TV S.p.A. - “because it represents a concrete step forward in the strategic development towards a leading independent group at a pan-European level; it is significant also because French market is one of the richest among Europe. For this reason I'm very happy because the company will be excellently leaded by a big professional and strongly experienced figure as it is Eve Baron".

Paris/Rome, 30th March 2006

All these informations will be presented today (h. 9.50am) from the management to the financial community during "Star Conference 2006" event organized by Italian Stock Exchange in Milan.

Consolidated revenues increased up to 50.5 million Euro (+22% if compared to the 41.2 million Euro at the end of 2004). This positive result has been possible also thanks to the efficient distribution activities carried out by the Group during the year.

Consolidated EBITDA also realized a significant performance reaching 26.7 million Euro, +9% if compared to the 24.5 million Euro of the previous fiscal year.

Consolidate EBIT reached +1.7 million Euro with an important increase from the -2.8 million Euro at the end of 2004.

Consolidated net financial profits resulted equal to 8.6 million Euro (-0.2 million Euro in 2004) mainly thanks to the controlled company Mondo Home Entertainment’s floatation at Italia Stack Exchange’s Mercato Expandi in February 2005 (and, in particular, to the related extraordinary dividend) and thanks to the capital increase realized in October 2005.

Consolidated pre-tax profits reached 10.3 million Euro compared to the -3 million Euro at the end of 2004.

As in the previous year, taxes resulted positive in 2005 for about 1.2 million Euro (0.5 million Euro in 2004) as the indirect consequence of international accounting principles IAS/IFRS’  transition and the “asynchrony” between revenues and costs charging to P&L and there recognition at fiscal level. Active taxes represent and measure the savings which have been realized in this fiscal year and that will be monetized in the future.

Ordinary net consolidated profits reached 11.5 million Euro (significantly more than expected) compared to the loss of 2.4 million Euro at the end 2004.

No-recurring charges and extraordinary depreciations resulted equal to about 2 million Euro (0.2 in the previous fiscal year) and are composed of Mondo HE floatation costs and capital increase and of intangible assets depreciation.

Net income for the year attributable to minority interests is equal to 0.3 million Euro (0.1 million in 2004).

Consolidated net result has increased up to 9.1 million Euro, with a significant performance if compared to the negative result of 2.6 at the end of 2004.

Consolidated Net Financial Position, at the end of the year under examination, has been positive for 9.3 million Euro if compared to the 3.9 million Euro at the end of 2004.

Rome, 1st March 2005