GOALTV 1 and 2 aggregate the best football content for cable and satellite TV, as well as high-speed internet platforms. Targeted at fans of top English Premier League clubs with large Asian following, GOALTV 1 and 2 provide programming blocks from the official broadcast channels of the four main players in the league: Manchester United, Chelsea, Liverpool and Arsenal. GOALTV channels get first release content of the English Premier League including exclusive interviews with players and coaches, pre-match build-ups and post-match reviews, transfer news as well as classic team matches. The channels also carry exclusive highlights and live coverage of matches in the Scottish Premier League, the French Ligue 1 and the Dutch Eredivisie.

GOALTV 1 and 2 were created by Yes TV, a multimedia leader that provides content and customized entertainment to subscribers through Internet Portal Television (IPTV), cable and satellite platforms in Asia since 1998.

ASTRO has invested US$4.25 million for a 51% stake in the joint-venture company, All Asia Television Broadcast Limited, with an option to increase its stake to 60% for an additional US$0.75 million after one year.

GOALTV is an established brand in football content, enjoying great success in the Asian region with viewers on cable and satellite television platforms in China (Shanghai Media Group), Malaysia (Astro), Singapore (StarHub), India (Dish TV India), Macau (Macau Cable) and Thailand (United Broadcasting Corporation).

ASTRO's Direct-to-Home satellite television services in Malaysia, Brunei and soon, Indonesia, will commence 24-hour broadcast of the GOALTV channels when it adds new channel capacity upon the launch of the new satellite, Measat-3, later this year. GOALTV 1 and 2 will be joining an already impressive line-up of comprehensive sports coverage from leading sports content providers such as ESPN and StarSports on ASTRO's multi-channel TV platform, along with two other exclusive 24-hour sports channels, The Golf Channel and Eurosportnews. Currently, a special daily GOALTV programming block is available on Astro SuperSport (Astro Channel 80).

On the joint-venture, ASTRO's Chief Operating Officer, David Butorac said: "We are pleased to be able to work with Yes TV and derive synergies from our collective investments in Malaysia, Brunei, China, Indonesia and the Indian sub-continent. The joint-venture is in line with our stated strategy to expand our multimedia businesses in the region."

Commenting on the joint-venture's potential, Azran Osman-Rani, ASTRO's Director of Business Affairs said: "Sports is a hugely popular content and could become a major revenue driver for the subscription-based TV and advertising sales market. We are excited with the opportunity to work with strategic partners in Asia. We will be able to leverage on our respective assets and capabilities for delivery and distribution of this niche content across the region."

Yes TV's Chairman and Chief Executive Officer, Thomas Kressner said: "We are excited to work with ASTRO in this new joint-venture. Yes TV has built GOALTV 1 and 2 into a successful Pan-Asian football platform for dedicated fans. The cooperation with Astro is a natural step to expand the channels in terms of content and subscription, in addition to enhancing the GOALTV brand in the region."

The joint-venture's collaborative strategy with other platform players ensures minimal capital requirement. No additional funding is anticipated beyond ASTRO's equity injection. The joint venture expects to achieve profitability in the second year of operations.

The increasing demand for broadband and 3G telecommunications services across Asia puts the joint-venture in a strong position to aggregate and distribute the channels and its interactive multimedia content over broadband networks. The recent launch of Astro.tv on ASTRO's multimedia platform, provides broadband users in Malaysia access to exclusive live and delayed football actions on GOALTV channels.

About ASTRO
ASTRO is the region's leading cross-media operator with Direct-To-Home satellite television services in Malaysia and Brunei and soon, in Indonesia. It is also the leading commercial radio broadcaster in Malaysia and a major publisher of TV guides and lifestyle magazines. ASTRO subsidiary, Celestial Pictures, owns the world's largest Chinese Film library and its digitally remastered films are released internationally through theatrical, video, television and new media distribution, and the Celestial Movies channels. The strength of these complementary brands has extended into interactive and multi-media services including provision of content for mobile telephony. ASTRO operates out of the All Asia Broadcast Centre, a fully-integrated digital broadcast and production complex in Kuala Lumpur.

Website: www.astroplc.com

About Yes TV
Yes TV provides operators with aggregation, management and distribution of branded content via a wide range of VOD & Subscription TV and Broadband PC channels. The Yes TV Plus broadband video portal for PC based consumers is commercially operational in Hong Kong and Singapore, offering news, music, movie and sports programming. In addition to it's partnered operations across Asia, Yes TV is also a content aggregator and distributor of IP-based Video-On-Demand, linear TV and personalized entertainment serving cable, satellite and broadband PC subscribers, through its Yes Media subsidiary based in Hong Kong.

Website: www.yes.tv     www.goal.tv

For further information, please contact:

Amy Balan (Head, Investor Relations, ASTRO)
Tel: +603-9543 9305
Fax: +603-9543 6877
Email: amy_balan@astro.com.my

David Yap (General Manager, Corporate Communications & Community Affairs, ASTRO)
Tel: +603-9543 9129
Fax: +603-9543 6868
Email: david_yap@astro.com.my

Eddy Tan (Vice President, Channel Strategy & Marketing, Yes TV)
Tel: +852 2289 0555
Fax: +852 2289 0599
E-mail: eddy.tan@yes.tv