Kyiv, May , 2008 – U.A. Inter Media Group Limited took part in Adam Smith Institute's 2nd Annual Conference, which was held in Kiev from June 17 till June 19.

Yaroslav Porokhnyak, a Group's Vice President, Strategic Investments, has given a presentation of the Group to the conference's participants. As he had noted the future strategy of the Group will consist of the following main elements:

• retention of the leading market position;
• maintaining transparency, including restructuring and an implementation of unified standards;
• expansion and development through both organic growth and acquisition of additional media assets;
• increasing efficiency of existing media assets;
• planned Initial Public Offering (IPO) of the Group's shares on London Stock Exchange in 2009.

Full text of the presentation can be found in the Reports section.

U.A. Inter Media Group Limited (www.uaimg.com) was established in 2005. The Group owns 61 percent of "Ukrainian Independent Television Corporation" (TV channel "Inter"), 90 percent of "Kino-TV" (TV channel "Enter Film"), 90 percent of "Muzyka-TV" (TV channel "Enter Music"), TV channels "K1", "K2", "Megasport", 60 percent of TV channel "NTN" and other media assets.

For more information please contact:
U.A. Inter Media Group Limited
Alexander Kirilkin
Corporate Communications Manager
Phone: +380-44-486-5186
Contact through a web-form
www.uaimg.com