DHX MEDIA ANNOUNCES SHARE REPURCHASE
Halifax, NS – 20 May 2009 – DHX Media Ltd (AIM & TSX ticker: “DHX”), a leading independent international producer and distributor of television programming and interactive content, announces that further to its automatic share purchase plan with GMP Securities L.P. (“GMP”) as announced on April 1, 2009 regarding repurchases of DHX Media’s common shares under its normal course issuer bid, as previously announced on March 19, 2009, GMP has on May 19, 2009 purchased 12,156 common shares of DHX Media at a price of C$0.81 per common share. Such purchased common shares will be cancelled.
Following this transaction and excluding such purchased common shares, the total voting rights in DHX Media, representing the total outstanding share capital of DHX Media is 44,333,431.
For more information, please contact:
DHX Media Ltd. +1 902-423-0260
David A. Regan – EVP Corporate Development & IR
AIM Nominated Advisors:
Grant Thornton UK LLP +44 (0) 20 7383 5100
About DHX Media Ltd.
DHX Media Ltd. is a leading international producer and distributor of television programming and interactive content with an emphasis on children, family and youth markets. DHX Media Ltd. is listed on AIM and on the Toronto Stock Exchange. DHX Media’s production companies, Decode Entertainment and Halifax Film, are the producers or co-producers of 11 original television series or theatrical releases currently commissioned for production and maintain a growing library of over 1,700 half-hours of mostly children and youth-oriented television productions. www.dhxmedia.com
Certain statements herein may constitute forward-looking statements, including those identified by the expressions ‘‘may’’, ‘‘will’’, ‘‘should’’, ‘‘could’’, ‘‘anticipate’’, ‘‘believe’’, ‘‘plan’’, ‘‘estimate’’, ‘‘potential’’, ‘‘expect’’, ‘‘intend’’ and similar expressions to the extent they relate to the Company or its Management. These statements reflect the Company’s current expectations and are based on information currently available to Management. These forward-looking statements are subject to a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from current expectations, including the matters discussed under ‘‘Risk Factors’’ contained in the Company’s prospectus dated May 12, 2006. These forward-looking statements are made as of the date hereof, and the Company assumes no obligation to update or revise them to reflect new events or circumstances.