Michael Garin, Chief Executive Officer of Central European Media Enterprises Ltd., presides over the opening bell.

Monday September 24, 2007
from Nasdaq MarketSite
in New York's Times Square

Central European Media Enterprises Ltd.
[CETV]

CME is a TV broadcasting company operating leading networks in six Central and Eastern European countries with an aggregate population of approximately 90 million people. The Company's television stations are located in Croatia (Nova TV), Czech Republic (TV Nova, Galaxie Sport), Romania (PRO TV, PRO TV International, Acasa, PRO Cinema and Sport.ro), Slovakia (Markiza, Galaxie Sport), Slovenia (POP TV, Kanal A) and Ukraine (Studio 1+1, Studio 1+1 International, Kino, Citi). CME is traded on the NASDAQ and the Prague Stock Exchange under the ticker symbol "CETV".

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Click for larger pictures of the NASDAQ MarketSite. Additional Photographs for 09/24/2007 Download Hi-Res Quality Photo of this NASDAQ Market Open - Pictured: Michael Garin, Chief Executive Officer of Central European Media Enterprises Ltd., presides over the opening bell. Organizations interested in obtaining NASDAQ-listed company bell ringing ceremony photographs for press purposes, must first receive approval from the listed company before requesting photographs from NASDAQ. Please provide the company contact information from whom you received approval to Jolene Libretto at Jolene.Libretto@nasdaq.com. Kindly credit © 2007, The Nasdaq Stock Market, Inc. Reprinted with permission. © Copyright 2007, The NASDAQ Stock Market, Inc. Reprinted with the permission of The Nasdaq Stock Market, Inc.