RTL Rtl Group

RNS Number:5140D
RTL Group
11 May 2001

11 May 2001




                                  RTL Group



     European Commission approves new shareholding structure of RTL Group

Luxembourg/ Brussels, 11 May 2001. - The European Commission today announced
its approval of the acquisition of a further 30 per cent stake by Bertelsmann
AG in the leading European broadcasting and production company RTL Group. The
transaction, which was announced on 5 February, gives Bertelsmann a majority
of 67 per cent in RTL Group. Bertelsmann acquired the additional 30 per cent
stake from Groupe Bruxelles Lambert (GBL) which in return received a 25 per
cent stake in Bertelsmann AG. The transaction is to be completed on 2 July.
The position of the remaining shareholders of RTL Group, Pearson plc with 22
per cent and the public with 11 per cent, does not change with the
transaction. The GBL representatives on RTL Group's Board of Directors remain
in place.


"We are very pleased about the approval of the transaction by the European
Commission, and we are convinced that it is for the benefit of all our
shareholders", said Didier Bellens, Chief Executive Officer of RTL Group.
"With Bertelsmann and Pearson as shareholders we are perfectly positioned to
continue our growth and to develop our leading European position. GBL has
played a key role in the creation and development of RTL Group, and we are
pleased that they will retain their strong link to RTL Group through their
shareholding in Bertelsmann. Following this acquisition of a majority stake by
Bertelsmann, RTL Group will maintain its clearly defined strategy. One of the
core elements of this strategy is to be conscious of its responsibility as a
media company, and to ensure the editorial independence of its TV channels and
radio stations."




For further inquiries:

Media:

RTL Group
Markus Payer
Phone: +352 42 142 5020
E-mail: markus.payer@rtlgroup.com

Media and Investors:

Finsbury
Media
Rollo Head, Julius Duncan
Phone: +44 20 7251 3801
E-mail: rollo.head@finsbury.com
julius.duncan@finsbury.com

Investors:

Katie Lang
Phone: +44 20 7251 3801
Email: katie.lang@finsbury.com

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