Acquisition

ITV PLC 09 May 2007 May 8, 2007 For immediate release ITV PLC ACQUIRES CONTROLLING STAKE IN JAFFE/BRAUNSTEIN ENTERTAINMENT LLC ITV plc today announced that it has bought a controlling 51% stake in a new entity, Jaffe/Braunstein Entertainment LLC, created in partnership with Jaffe Braunstein Films LLC, a producer of scripted telefilms and mini-series based in Los Angeles. The stake was acquired for a cash sum of $5.8 million (£2.9 million) from Howard Braunstein, and Michael Jaffe who, between them, will retain a 49% stake in the new entity. ITV plc's stake will be managed through Granada America, the U.S. based production entity of ITV plc. In addition to developing and producing new original programming, the new partnership will focus on remaking titles from the extensive ITV film and television library. David Gyngell, Chief Executive Officer of Granada America said: 'Jaffe/ Braunstein Films is the class leader in the long form production business with a successful track record spanning more than two decades. Our investment into, and partnership with, Howard and Michael means we can combine forces in what is an already extremely competitive market. As part of our overall growth strategy, this deal is a signal that Granada America is serious about building its presence in scripted television in US.' Ends. Notes to Editors: Granada America Programming from Granada America that has been produced, aired or scheduled to air in US totals more than 200 hours including movies for television, drama, nature and non-scripted. Howard Braunstein and Michael Jaffe Mr. Jaffe and Mr. Braunstein are among the most prolific long form producers over the past several decades. Their credits include Elvis, the Emmy nominated mini-series and Golden Globe winner for Jonathan Rhys-Meyers as the rock-n-roll legend; the 10.5 earthquake mini-series and its sequel; First Do No Harm starring Meryl Streep; Ice Bound, starring Susan Sarandon; Rodgers & Hammerstein's South Pacific, starring Glenn Close; as well as The Rosa Parks Story, which won the NAACP Image Award for outstanding television movie or dramatic special and which earned Angela Bassett an Emmy(R) nomination. Mr. Jaffe and Mr. Braunstein also produced the A&E series 100 Centre Street, starring Alan Arkin and executive-produced by Sidney Lumet, and Nero Wolfe, starring Timothy Hutton. For further enquiries please contact: ITV plc Tel: 020 7843 8000 Press enquiries Brigitte Trafford - Group Communications Director Jim Godfrey - Director of Corporate Affairs Investor enquiries James Tibbitts - Company Secretary Georgina Blackburn - Head of Investor Relations Website: www.itv.com; investor information: www.itvplc.com This information is provided by RNS The company news service from the London Stock Exchange

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