News

6 August 2007

99.54% OF SHARE CAPITAL TENDERED OR COMMITTED; ENDEMOL TO APPLY FOR A DELISTING OF SHARES; SQUEEZE OUT PROCEDURE TO START IN DUE COURSE; REMAINING SHARES CAN BE TENDERED IN A SUBSEQUENT ACCEPTANCE PERIOD ENDING 22 AUGUST 2007

Press Release

On 14 May 2007, Endemol N.V. ("Endemol") announced that Edam Acquisition B.V. ("Edam Acquisition") had entered into an agreement with Telefónica S.A. for the sale of its 99.7% interest in Endemol Investment Holding B.V., which indirectly owns 93,750,000 shares in Endemol, representing 75% of the Shares, to Edam Acquisition (the "Telefónica Transaction"). Separately, Edam Acquisition agreed to acquire from Cyrte Fund I C.V. 7,505,760 Shares, representing approximately 6% of the Shares (the "Cyrte Transaction"). On 18 June 2007, Edam Acquisition and Endemol announced that the commencement of the Offer (as defined below) is subject only to the closing of the Telefónica Transaction.
On 4 July 2007, Endemol N.V. ("Endemol") and Edam Acquisition B.V. ("Edam") jointly announced: (i) the occurrence of the closing of both the Telefónica Transaction and the Cyrte Transaction on 3 July 2007; (ii) the making by Edam Acquisition of a recommended and unconditional all cash public offer for all of the issued and outstanding shares with a par value of EUR 0.10 (the "Shares") in the share capital of Endemol (the "Offer"); (iii) the availability of the offer memorandum dated 4 July 2007 (the "Offer Memorandum") as of 4 July 2007; and (iv) the beginning of the acceptance period (the "Acceptance Period") on 5 July 2007 at 09:00 hours Central European Summer Time ("CEST") and ending on 3 August 2007 at 15:00 hours CEST (the "Acceptance Closing Date").

With this announcement and with reference to the press releases of 4 July 2007, 14 May 2007 and 18 June 2007 and the Offer Memorandum, Endemol and Edam Acquisition jointly announce that as per the Acceptance Closing Date, 124,422,248 shares representing 99.54% of the share capital of Endemol have been tendered for acceptance or otherwise committed (through the closing of the Telefónica Transaction and the Cyrte Transaction) in connection with the Offer.