Roularta Media Group N.V.

Earnings Release • Jun 19, 2012

REGULATED INFORMATION

Embargo 19 June 2012 - 8.00 am

PRESS RELEASE

June 19, 2012

Roularta Media Group announces that the general economic situation will also affect its expected advertising revenue in the second quarter.

After a rather successful first quarter, during which turnover was approximately similar to 2011,advertising turnover has fallen compared with the same period last year. This can have an EBITDA impact of 20 to 25%.

The underlying causes of this decline in advertising revenue, which affects various media, are diverse:

• May was exceptionally a month with no normal working weeks. In both Belgium and France the month was peppered with holidays.
• May and June were marked by uncertainty on all financial markets regarding Greece and Spain, with many international companies, including banks, reining back their advertising spending.
• The European Football Championship on VRT is having a a negative effect on TV advertising for June.

Roularta expects an improvement after the summer holidays. The portfolio as it stands today points to spending rising again from September onwards."

Contact	Rik De Nolf	Jan Staelens
	CEO	CFO
Tel.	+32 51 266 323	+32 51 266 326
Mail	rik.de.nolf@roularta.be	jan.staelens@roularta.be
Website	www.roularta.be