TheStockExchangeofHongKongLimitedtakesno详解.docVIP

The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. TELEVISION BROADCASTS LIMITED (Incorporated in Hong Kong with limited liability) CONNECTED TRANSACTIONS AND CONTINUING CONNECTED TRANSACTION WAIVER APPLICATIONS TVB announces that: (i) LYP, a non-wholly owned subsidiary of TVB, has entered into the Uplink Service Agreement, the Sub-Lease Agreement and the Supplemental Agreement, with ERA. LYP has also entered into various transactions for the purchase of equipment, licencing, advertising and program production with ERA; (ii) TVBO and TVBIO, both wholly owned subsidiaries of TVB at the relevant time, have entered into the Master Production Licence Agreement, Prints Materials Agreement, Master Production Agreement and Renewed Agreement with ERA; (iii) Hsin Chi, a non-wholly owned subsidiary of TVB, has entered into the Movie Rights Agreement with ERA; and (iv) GSVL, a non wholly owned subsidiary of TVB, has entered into the Dealer Licence Agreement with GSVB. GSVL has also entered into transactions for the purchase of cassette tapes with Abound. ERA is and at all material times was, a substantial shareholder of LYP and a connected person of TVB. GSVB was at all material times a substantial shareholder of GSVL and a connected person of TVB. In addition, Abound is and at all material times was, an associate of GSVL and a connected person of TVB. Accordingly, the entry into of each of the Agreements and the Transactions constitute connected transactions of TVB under the Listing Rules. Each of the Agreements and Transactions have been entered into on normal commercial terms and in the ordinary and usual course of business. Whilst details of the Uplink Service Agreement, the Sub-Lease Agreement, the