11:02     TVB<00511> - Announcement (6)                                       

    of the People's Republic of China                                         
                                                                              
    "Independent    Shareholders who do not have any                          
    material interest in the Agreements                                       
      Shareholders" and the transactions contemplated                         
    thereunder                                                                
                                                                              
    "MBNS"  MEASAT Broadcast Network Systems Sdn. Bhd.,                       
    a company incorporated in Malaysia                                        
                                                                              
    "Listing Rules" the Rules Governing the Listing of                        
    Securities on the Stock Exchange                                          
                                                                              
    "LYP"   Liann Yee Production Co. Ltd., a non                              
    wholly-owned subsidiary of TVB                                            
                                                                              
    "Shareholder(s)"        the shareholders of TVB                           
                                                                              
    "Stock Exchange"        The Stock Exchange of Hong Kong                   
    Limited                                                                   
                                                                              
    "TVB"   Television Broadcasts Ltd., a company                             
    incorporated in Hong Kong whose shares are listed on                      
    the Stock Exchange                                                        
                                                                              
    "TVBI"  TVBI Co. Ltd., a wholly-owned subsidiary of                       
    TVB                                                                       
                                                                              
    "TVBOF" TVBO Facilities Ltd., a wholly-owned                              
    subsidiary of TVB                                                         
                                                                              
    "TVBSB" TVB Satellite Broadcasting Ltd., a                                
    wholly-owned subsidiary of TVB                                            
                                                                              
    "TVBSE" TVB Satellite TV Entertainment Ltd., a                            
    wholly-owned subsidiary of TVB                                            
                                                                              
    "TVB8 channel"  a 24 hour general entertainment                           
    television channel owned by TVBSE                                         
                                                                              
    "Wah Lai Toi"   a 24 hour general entertainment                           
    television channel owned by MBNS                                          
                                                                              
    "Xing He channel"       a 24 hour television channel                      
    featuring drama serials owned by TVBSE                                    
                                                                              
    As at the date hereof, the Directors of TVB are Sir                       
    Run Run Shaw, G.B.M. (EXECUTIVE CHAIRMAN), Dr. Norman                     
    Leung Nai Pang, G.B.S., LL.D., J.P. (EXECUTIVE DEPUTY                     
    CHAIRMAN), Mona Fong (DEPUTY CHAIRPERSON), Louis Page                     
    (MANAGING DIRECTOR), Dr. Chow Yei Ching, G.B.S., Ho                       
    Ting Kwan, Christina Lee Look Ngan Kwan, Lee Jung Sen,                    
    O.B.E. *, Dr. Li Dak Sum, DSSc. (Hon.), J.P. *, Kevin                     
    Lo Chung Ping, Robert Sze Tsai To *, Chien Lee * (and                     
    also alternate director to Lee Jung Sen), Anthony                         
    Hsien Pin Lee (alternate director to Christina Lee                        
    Look Ngan Kwan).                                                          
                                                                              
    *  Independent non-executive directors                                    
    By Order of the Board                                                     
    Television Broadcasts Limited                                             
    Mak Yau Kee Adrian                                                        
    Company Secretary                                                         
                                                                              
    18 March 2005, Hong Kong