NRJ GROUP Impacted by the Rejection of Appeal by the Council of State

NRJ GROUP and its channel NRJ 12 are going through a critical period following the decision of the Council of State. This body rejected their appeal against the decisions of ARCOM which ousted NRJ 12 from DTT. ARCOM also froze four available frequencies, formerly occupied by channels of the Canal + group.

This decision will impact the group's Television division. NRJ GROUP is planning a Board of Directors meeting on February 27 to analyze the consequences and determine an action plan. On the same day, a financial press release will be published and a conference with analysts and investors is scheduled.

NRJ GROUP is committed to having the irregularity of the decisions recognised at European level and to seeking compensation.