WORLD TELEVISION - Delivering the Message

World Television

Hi fozdad

Re : Kamera comments

Not sure about your comments regarding the loss of 77.5% of what was the Kamera business.

Presumably in your view WTV have lost 77.5% of the turnover from selling-off the Kamera business...

I have a different view..in that (WTV) only sold-off a small(PART) of what was Kamera..and continues to receive revenue from (what was)the BULK of the Kamera business..this previous Kamera business has been rolled up to form the newly created World Television..Sweden.

Previous kamera business......................................... = 100%
BULK of Kamera business "Retained" - becomes (WTV-Sweden)........ = ???%
Small part of the previous Kamera business sold-off into a SPV... = ???%

As for the (BN) Brokers Note..I do not believe that WTV will only achieve 3.8m in the second half of 2005..just my view.
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3Parsnips