MONDO TV S.p.A.Presentation to the Financial Community

Milan – November 20th, 2002

MONDO TV S.p.A.Presentation to the Financial Community

Milan Milan – – November November 20th, 200220th, 2002

Sponsor & Specialist

AGREEMENTS WITH MICRO MARKETINGFOR GAMES AND WITH STUDIO SEK FORCO-PRODUCTIONS OF ANIMATION

TOTO’ MOVIES IN DISTRIBUTION FOR DVD

INCOMING OPERATIONS WITH NEW CO-PRODUCERS IN INDIA AND INDONESIA

UP TO 600K TAPES AND 100K DVD ON THEMARKET BY MONDO HOMEENTERTAINMENT

BEGAN NEW CO-PRODUCTION WITH RAIBUDGETED 5MLN FOR “LAST OFMOHICANS” AND “FAHRAT”

ACQUISITION OF NEW SHARES OF MIM INGERMANY (NOW 52%)

AGREEMENTS WITH MICRO MARKETINGFOR GAMES AND WITH STUDIO SEK FORCO-PRODUCTIONS OF ANIMATION

TOTO’ MOVIES IN DISTRIBUTION FOR DVD

INCOMING OPERATIONS WITH NEW CO-PRODUCERS IN INDIA AND INDONESIA

UP TO 600K TAPES AND 100K DVD ON THEMARKET BY MONDO HOMEENTERTAINMENT

BEGAN NEW CO-PRODUCTION WITH RAIBUDGETED 5MLN FOR “LAST OFMOHICANS” AND “FAHRAT”

ACQUISITION OF NEW SHARES OF MIM INGERMANY (NOW 52%)

LAST NEWSLAST NEWS

MISSION and BUSINESS MODELMISSION and BUSINESS MODEL

CREATION OF AN IMPORTANT LIBRARYOF QUALITY ANIMATION FILMS

CREATION OF AN IMPORTANT LIBRARYOF QUALITY ANIMATION FILMS

COMPANY-OWNED LIBRARYCOMPANY-OWNED LIBRARYPRODUCTION OF TELEVISION SERIESAND FULL-LENGTH FILMSPRODUCTION OF TELEVISION SERIESAND FULL-LENGTH FILMS

PROCUREMENT OF TEMPORARYLICENSES FOR JAPANESE PRODUCTSPROCUREMENT OF TEMPORARYLICENSES FOR JAPANESE PRODUCTS DISTRIBUTION LIBRARYDISTRIBUTION LIBRARY

RIGHTS PURCHASERIGHTS PURCHASE

PRODUCTIONPRODUCTION

CO-PRODUCTIONCO-PRODUCTION

COMPANY-OWNEDLIBRARY

COMPANY-OWNEDLIBRARY

DISTRIBUTION LIBRARYDISTRIBUTION LIBRARY

TV BROADCASTRIGHTS

TV BROADCASTRIGHTS

PUBLISHING RIGHTSPUBLISHING RIGHTS

INTERNETINTERNET

RELATED SECTORSRELATED SECTORS

CINEMA & VIDEORIGHTS

CINEMA & VIDEORIGHTS

MERCHANDISINGMERCHANDISING

MULTIMEDIAL RIGHTSMULTIMEDIAL RIGHTS

MUSICMUSIC

E-COMMERCEE-COMMERCE

BUSINESS MODELBUSINESS MODEL

SALES BREAKDOWNSALES BREAKDOWNRELATED SECTORS 3rd Q 2002RELATED SECTORS 3rd Q 2002

7%Home Video

Cinema 33%

16% Merchandising& Publishing

SALES BREAKDOWN BYSEGMENT 3rd Q 2002

SALES BREAKDOWN BYSEGMENT 3rd Q 2002

TelevisionRights47 %

RelatedSectors

50%

SALES BREAKDOWN BYSEGMENT 2001

SALES BREAKDOWN BYSEGMENT 2001

RELATED SECTORS2001

RELATED SECTORS2001

TelevisionRights

44%

RelatedSectors

54%

3% Production for third parties

Cinema 28%

21% Merchandising & Publishing

6% Home Video

3% Production for third parties

Related Sectors:

+10% on 3rd Q 2001

Related Sectors:

+10% on 3rd Q 2001

STRENGTHSSTRENGTHS

MANAGEMENT WITH SEASONEDEXPERIENCE IN THE BUSINESSMANAGEMENT WITH SEASONEDEXPERIENCE IN THE BUSINESS

WORLDWIDE COSTLEADERSHIP

WORLDWIDE COSTLEADERSHIP

HIGH QUALITY ANDCLASSICAL CONTENTS

HIGH QUALITY ANDCLASSICAL CONTENTS

IMPORTANT CO-PRODUCTIONAGREEMENTS WITH HAHNSHIN & RAI

IMPORTANT CO-PRODUCTIONAGREEMENTS WITH HAHNSHIN & RAI

SPECIALRELATIONSHIPS WITHPRODUCTION STUDIOS

SPECIALRELATIONSHIPS WITHPRODUCTION STUDIOS

CONSOLIDATED PRESENCEIN WORLD MARKET

THROUGH PARTNERISHIP INASIA AND EUROPE

CONSOLIDATED PRESENCEIN WORLD MARKET

THROUGH PARTNERISHIP INASIA AND EUROPE

SECOND BIGGESTEUROPEAN LIBRARY

SECOND BIGGESTEUROPEAN LIBRARY

TELEVISION MARKET FOR CARTOONSTELEVISION MARKET FOR CARTOONS

WORLD MARKET100%= U$ 2,300 MLN

WORLD MARKET100%= U$ 2,300 MLN

Asia1.5%

N.America40%

S. America 1.5%Australia 1.9%

Japan20%

Africa 0.1%

Europe35%

EUROPEAN MARKET100%= U$ 800 MLN

EUROPEAN MARKET100%= U$ 800 MLN

(97.4% OF WHICH IS WESTERN EUROPE)(97.4% OF WHICH IS WESTERN EUROPE)

Spain4.0%Switzerland3.2%

France21%

Italy10%

Germany18.0%

UK27.8%

Other10%

Sweden3%Denmark3.0%

Source: Screendigest, The business of children’s television, 2000

FINAL GROWTH 2001: +0%FINAL GROWTH 2001: +0%

INCOMING PRODUCTIONSINCOMING PRODUCTIONS

TV PRODUCTIONSTV PRODUCTIONS13 NEW ANIMATED

SERIES IN PRODUCTIONDURING 2001/2002

13 NEW ANIMATEDSERIES IN PRODUCTION

DURING 2001/2002

Religious

� IN THE NAME OF JESUS 26 eps.� ST. FRANCIS OF ASSISI 26 eps.� THE BIBLE 39 eps.

Adventures

� FAHRAT 26 eps.� THE GLADIATORS 52 eps.� THE LAST OF MOHICANS 26 eps.� THE SLEEPING BEAUTY 26 eps.� WINNER 26 eps.�TITANIC IS BACK! 26 eps.

Pre-Schoolar

� ANIMATION FANTASY 26 eps.� ANIMALS’ GAME 26 eps.� STOP MAKING ME LAUGH 26 eps.

Sit-Com

� SPAGHETTI FAMILY 26 eps.

Religious

� IN THE NAME OF JESUS 26 eps.� ST. FRANCIS OF ASSISI 26 eps.� THE BIBLE 39 eps.

Adventures

� FAHRAT 26 eps.� THE GLADIATORS 52 eps.� THE LAST OF MOHICANS 26 eps.� THE SLEEPING BEAUTY 26 eps.� WINNER 26 eps.�TITANIC IS BACK! 26 eps.

Pre-Schoolar

� ANIMATION FANTASY 26 eps.� ANIMALS’ GAME 26 eps.� STOP MAKING ME LAUGH 26 eps.

Sit-Com

� SPAGHETTI FAMILY 26 eps.

INCOMING PRODUCTIONSINCOMING PRODUCTIONS

THEATRICAL PRODUCTIONSTHEATRICAL PRODUCTIONS

8 NEW ANIMATED MOVIESFOR THEATRES WILL BE

READY IN 2003

8 NEW ANIMATED MOVIESFOR THEATRES WILL BE

READY IN 2003

� RAMSES� THE PRINCE OF DINOSAURS� THE TURANDOT� GENGIS KHAN� IN SEARCH OF THE TITANIC� CHRISTMAS IN NEW YORK� MOTHER THERESA� PADRE PIO

� RAMSES� THE PRINCE OF DINOSAURS� THE TURANDOT� GENGIS KHAN� IN SEARCH OF THE TITANIC� CHRISTMAS IN NEW YORK� MOTHER THERESA� PADRE PIO

COMPETITIVE SCENARIOCOMPETITIVE SCENARIO

MAIN PLAYERS IN CARTOON BUSINESS IN EUROPEMAIN PLAYERS IN CARTOON BUSINESS IN EUROPE

BKN INTERNATIONAL (D)WITH A LIBRARY OF ABOUT 1,000 HOURSBKN INTERNATIONAL (D)WITH A LIBRARY OF ABOUT 1,000 HOURS

ABOUT 5,000 EPISODESABOUT 1,970 HOURSABOUT 5,000 EPISODESABOUT 1,970 HOURS

RTV FAMILYENTERTAINMENT AG (D)RTV FAMILYENTERTAINMENT AG (D)

HIT ENTERTAINMENT PLC (UK)ABOUT 1,100 HOURSHIT ENTERTAINMENT PLC (UK)ABOUT 1,100 HOURS

TV-LOONLAND AG (D)TV-LOONLAND AG (D) ABOUT 330 COMPANY-OWNED EPISODESABOUT 1,200 EPISODES UNDER LICENSEABOUT 330 COMPANY-OWNED EPISODESABOUT 1,200 EPISODES UNDER LICENSE

OVER 6,500 EPISODES (1100 COMPANY-OWNED)OVER 3,250 HOURSOVER 6,500 EPISODES (1100 COMPANY-OWNED)OVER 3,250 HOURS

MONDO TV S.P.A. (I)MONDO TV S.P.A. (I)

CARRERE GROUP (F)ABOUT 600 EPISODESCARRERE GROUP (F)ABOUT 600 EPISODES

GULLANE (F)ABOUT 250 EPISODESGULLANE (F)ABOUT 250 EPISODES

MILLIMAGES (F)ABOUT 100 EPISODESMILLIMAGES (F)ABOUT 100 EPISODES

FINANCIALS: OVERVIEWFINANCIALS: OVERVIEW

POLICY OF AMORTIZATION IN COSTANT QUOTASPOLICY OF AMORTIZATION IN COSTANT QUOTAS

SPREAD OF REVENUES DURING ALL LICENSE TERMSPREAD OF REVENUES DURING ALL LICENSE TERM

REVENUES 2002 (9 Months)REVENUES 2002 (9 Months)

REVENUES: 24.8 Millions EURO

+40% on 3rd Q. 2001+40% on 3rd Q. 2001

EBITDA: 20.6 Millions EURO

+47% on 3rd Q. 2001+47% on 3rd Q. 2001

FINANCIAL RESULTSFINANCIAL RESULTS

SUMMARY OF THE MAIN CONSOLIDATED RESULTS (millions of Euro)SUMMARY OF THE MAIN CONSOLIDATED RESULTS (millions of Euro) Economic figures

2000 (FY)

2001 (FY)

2001 (9 months

2002 (9 months)

Revenues from sales and services 14.7 28.5 17.7 24.8 Gross Operating Margin (EBITDA) 11.9 23.6 14.0 20.6 Operating results 6.7 10.2 6.5 10.3 Net profits 4.0 8.0 - - Asset figures Net equity 50.7 58.7 - - Fixed assets 38.2 75.0 60.0 89.9 Net financial availability 30.4 20.7 21.3 7.3

FINANCIAL RESULTSFINANCIAL RESULTS

(millions of euros)

2002 (9 months)

2002 (9 months)

Changes

Economics Revenues 24,8 17,7 7,1 40% (-) Operating costs -4,2 -3,7 -0,5 12% Gross operating margin (EBITDA) 20,6 83% 14,0 79% 6,6 47% (-) Ammortization and depreciation -10,1 -7,3 -2,8 39% (-) Provisions -0,2 -0,2 -0,0 0% Oparating income (EBIT) 10,3 41% 6,5 37% 3,8 58% (+) Net financial income and adjustments 0,3 0,7 -0,4 -59% Income from ordinary activities 10,5 42% 7,2 41% 3,4 47% (+) Net extraordinary income 0 0 0,0 0% Pre tax income 10,5 42% 7,2 41% 3,4 47%

Breakdown of revenues by segment Television 10,4 42% 8,3 47% 2,1 25% Production for third parties 0,7 3% 0,5 3% 0,2 40% Home Video 1,5 6% 1,2 7% 0,3 25% Merchandising e publishing 3,9 16% 3,7 21% 0,2 5% Cinema 8,3 33% 4,0 23% 4,3 108% Sub total relaed sectors 13,7 55% 8,9 50% 4,8 54% Revenues 24,8 100% 17,7 100% 7,1 40%

(millions of euros)

2002 (9 months)

2002 (9 months)

Changes

Economics Revenues 24,8 17,7 7,1 40% (-) Operating costs -4,2 -3,7 -0,5 12% Gross operating margin (EBITDA) 20,6 83% 14,0 79% 6,6 47% (-) Ammortization and depreciation -10,1 -7,3 -2,8 39% (-) Provisions -0,2 -0,2 -0,0 0% Oparating income (EBIT) 10,3 41% 6,5 37% 3,8 58% (+) Net financial income and adjustments 0,3 0,7 -0,4 -59% Income from ordinary activities 10,5 42% 7,2 41% 3,4 47% (+) Net extraordinary income 0 0 0,0 0% Pre tax income 10,5 42% 7,2 41% 3,4 47%

Breakdown of revenues by segment Television 10,4 42% 8,3 47% 2,1 25% Production for third parties 0,7 3% 0,5 3% 0,2 40% Home Video 1,5 6% 1,2 7% 0,3 25% Merchandising e publishing 3,9 16% 3,7 21% 0,2 5% Cinema 8,3 33% 4,0 23% 4,3 108% Sub total relaed sectors 13,7 55% 8,9 50% 4,8 54% Revenues 24,8 100% 17,7 100% 7,1 40%

11,9

14,0

20,6

23,6

2000 (FY) 2001 (FY) 2001 (3rd Q) 2002 (3rd Q)

6,7

10,2

6,5

10,3

2000 (FY) 2001 (FY) 2001 (3rd Q) 2002 (3rd Q)

14,7

17,7

24,8

28,5

2000 (FY) 2001 (FY) 2001 (3rd Q) 2002 (3rd Q)

CHARTSCHARTS

REVENUESREVENUES EBITDAEBITDA

EBITEBIT

47%40%

58%

10

60

45

2000 2001 2002

INVESTMENT PLAN 2000-2003INVESTMENT PLAN 2000-2003

INVESTMENT IN RIGHTSINVESTMENT IN RIGHTS

MLN EUROMLN EURO

NEW POSSIBILITIESNEW POSSIBILITIESACQUISITIONSACQUISITIONS

CO-PRODUCTIONSCO-PRODUCTIONS

ANIMATION SERIES& MOVIES

ANIMATION SERIES& MOVIES

BUSINESS STRUCTUREBUSINESS STRUCTURE

ANIMATION SERIES& MOVIES

ANIMATION SERIES& MOVIES

PC GAMESPC GAMES

MONDO CINEMA srlMONDO CINEMA srl

DORO TVMERCHANDISING srl

DORO TVMERCHANDISING srl

MONDO LICENSING spaMONDO LICENSING spa

GROUP STRUCTUREGROUP STRUCTURE

MONDO HOMEENTERTAINMENT srlMONDO HOMEENTERTAINMENT srl MIM MONDO IGEL

MEDIA AGMIM MONDO IGEL

MEDIA AG

STRATEGYSTRATEGY

ACTIONSACTIONSOBJECTIVESOBJECTIVESCO-PRODUCTION WITH STRATEGIC PARTNERS ANDTELEVISION BROADCASTING ENTITY TO REACHTHE 1500 HALF HOURS EPISODES BEFORE THEANNOUNCED YEAR 2008 (ESTIMATED 2005)

PROCUREMENT OF LICENSES UP TO 500 NEW HALFHOURS JAPANESE EPISODES PER YEAR ANDREVAMPING OF SALES OF JAPANESE ANIMATIONTO RAI TELEVISION

PENETRATION STRATEGY FOR ALL RELATEDMARKETS THROUGH COMMERCIAL JOINT-VENTURES BETWEEN THE SECTOR MAJORPLAYERS AND THE NEW COMPANIES MONDO HOMEENTERTAINMENT AND MONDO LICENSING (NOWTHE MOST IMPORTANT ITALIAN INDENPENDENTCOMPANIES)

INCREASE THEATRICAL PRODUCTION WITH PADREPIO, MOTHER THERESA, GENGIS KHAN AND TITANICII ALL GEARED TOWARDS ACQUIRING A STRONG THEATRICAL PRESENCE FOR MONDO TV

CO-PRODUCTION WITH STRATEGIC PARTNERS ANDTELEVISION BROADCASTING ENTITY TO REACHTHE 1500 HALF HOURS EPISODES BEFORE THEANNOUNCED YEAR 2008 (ESTIMATED 2005)

PROCUREMENT OF LICENSES UP TO 500 NEW HALFHOURS JAPANESE EPISODES PER YEAR ANDREVAMPING OF SALES OF JAPANESE ANIMATIONTO RAI TELEVISION

PENETRATION STRATEGY FOR ALL RELATEDMARKETS THROUGH COMMERCIAL JOINT-VENTURES BETWEEN THE SECTOR MAJORPLAYERS AND THE NEW COMPANIES MONDO HOMEENTERTAINMENT AND MONDO LICENSING (NOWTHE MOST IMPORTANT ITALIAN INDENPENDENTCOMPANIES)

INCREASE THEATRICAL PRODUCTION WITH PADREPIO, MOTHER THERESA, GENGIS KHAN AND TITANICII ALL GEARED TOWARDS ACQUIRING A STRONG THEATRICAL PRESENCE FOR MONDO TV

EXPAND THE LIBRARY WITHFIXED COSTS

EXPAND THE LIBRARY WITHFIXED COSTS

REINFORCE BRAND NAMEREINFORCE BRAND NAME

EXPLOIT LIBRARY INRELATED SECTORS

EXPLOIT LIBRARY INRELATED SECTORS

STRATEGYSTRATEGY

COMMISSIONED EXECUTIVE PRODUCTION PERPROJECT BASIS WITH THE FIRST TWOAGREEMENTS SIGNED WITH ANIMATION BANDAND RAI FOR “LUPO ALBERTO II“ AND“SPAGHETTI FAMILY“ AND OTHERS WILL COME

COMMISSIONED EXECUTIVE PRODUCTION PERPROJECT BASIS WITH THE FIRST TWOAGREEMENTS SIGNED WITH ANIMATION BANDAND RAI FOR “LUPO ALBERTO II“ AND“SPAGHETTI FAMILY“ AND OTHERS WILL COME

PRODUCTION FORTHIRD PARTIES

PRODUCTION FORTHIRD PARTIES

52% ACQUISITION OF MIM (THROUGH THE LASTCAPITAL INCREASE).

UP TO DATE MONDO TITLES ARE SOLD IN OVER100 COUNTRIES WORLDWIDE

52% ACQUISITION OF MIM (THROUGH THE LASTCAPITAL INCREASE).

UP TO DATE MONDO TITLES ARE SOLD IN OVER100 COUNTRIES WORLDWIDE

PENETRATION IN DIFFERENT

WORLD MARKETS

PENETRATION IN DIFFERENT

WORLD MARKETS

ACTIONSACTIONSOBJECTIVESOBJECTIVES