The Board of Directors in Zodiak Television recommends the public offer from De Agostini of SEK 40 per share

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Conny Karlsson, Chairman of the Board of Directors, said: "We
consider this offer as financially attractive and reflecting the full
value of Zodiak. We also believe Zodiak will have very exciting
opportunities for further development within the De Agostini Group.
The offer is both financially and industrially fair and to the
benefit of both shareholders and Zodiak's personnel."

Patrick Svensk, CEO of Zodiak, said: "Zodiak's management looks
positively on this offer which we believe will enhance the further
expansion of the Company. In the short term there will be no dramatic
changes as our business will continue as usual with own management
and trade mark(s). In a longer perspective we will benefit from
increased resources for future growth."

Analyst and media presentation:

An analyst and media presentation will be held at
Hallvarsson&Halvarsson, Birger Jarlsgatan 6B in Stockholm on Monday,
May 26 at 11.30 a.m.
The Chairman Conny Karlsson and CEO Patrick Svensk will participate.
Questions for the presentation can also be asked by telephone +46 8
24 85 91, access code 109 133.

For further information, please contact:

Conny Karlsson
Chairman of the Board
+46 705 211 918

Patrick Svensk
CEO and President of Zodiak
+46 708 660 730


The complete press release can be downloaded from the following link: