News

23 August 2007

99.73% COMMITTED TO OR OBTAINED BY EDAM ACQUISITION PER THE END OF THE SUBSEQUENT ACCEPTANCE PERIOD ON 22 AUGUST 2007; DELISTING OF ENDEMOL SHARES ON 12 SEPTEMBER 2007; SQUEEZE-OUT PROCEDURE TO START SHORTLY AFTER DELISTING

Press Release

With this announcement and with reference to the press releases of 15 August 2007, 6 August 2007, 4 July 2007, 14 May 2007 and 18 June 2007 and the Offer Memorandum, Endemol and Edam Acquisition jointly announce that: (i) during the Subsequent Acceptance Period (as defined below), 245,948 Shares representing 0.20% of the total issued and outstanding share capital of Endemol were tendered for acceptance to Edam Acquisition; and (ii) as per the Subsequent Acceptance Closing Date (as defined below), 124,668,196 Shares representing 99.73% of the total issued and outstanding share capital of Endemol have been tendered for acceptance or otherwise committed (through the closing of the Telefónica Transaction and the Cyrte Transaction, both as defined below) in connection with the Offer.

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.