OTV (Holdings) s.a.l. has decided to increase its capital by up to $/40,000,000/ (Forty Million US Dollars) through the issuance of up to 4,000,000 Common Shares (the “Platinum Shares”) available for purchase at an Issue Price of $/10/ (Ten US Dollars) per share by means of a private placement as per the terms and conditions set forth in the Private Placement Memorandum.

The Platinum Shares are available for purchase in a minimum package of $/100/ (One Hundred US Dollars) for 10 Platinum Shares. The Platinum Shares are issued in two (2) classes: the Platinum Registered Shares and the Platinum Bearer Shares.

The Platinum Shares are expected to be issued on October 30, 2006.

The Company’s Board of Directors intends to gradually accept subscriptions to the Platinum Shares in Tranches, the first Tranche to be no less than $/10,000,000/ (Ten Million US Dollars) representing 1,000,000 Platinum Shares.

The proceeds from the sale of the Platinum Shares shall serve primarily to finance the set up, launch and development of OTV.

The legal structuring of the Platinum Issue was conceived and implemented by Abou Jaoude & Associates Law Firm.