Central European Media Enterprises Announces Third Quarter 2011 Earnings Release and Teleconference

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October 19, 2011

Hamilton, Bermuda – October 19, 2011 -Central European Media Enterprises Ltd. ("CME") (Nasdaq/Prague Stock Exchange: CETV) announced today that it will release its third quarter 2011 financial results before U.S. market hours on Wednesday, October 26, 2011.

CME will also host a teleconference and video webcast to discuss its third quarter 2011 results on Wednesday, October 26, 2011 at 9 a.m. New York time (2 p.m. London and 3 p.m. Prague time). The video webcast and teleconference will refer to presentation slides which will be available on CME's website atwww.cme.net prior to the call.

To access the teleconference, U.S. and international callers may dial +1 785 424 1059 ten minutes prior to the start time and reference passcode CETVQ3. The conference call will be video webcasted live via www.cme.net.

The video webcast and a digital audio replay in MP3 format will be available for two weeks following the call at www.cme.net.

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