Hamilton, Bermuda, April 3, 2014 - Central European Media Enterprises Ltd. (“CME”) (NASDAQ/Prague Stock Exchange: CETV) announced today the commencement of the subscription period (the “Subscription Period”) for its previously-announced fully-backstopped $341.8 million rights offering (the “Rights Offering”).

The Board of Directors of Global City Holdings N.V., a company organized in the Netherlands and existing under the laws of the Netherlands, with its registered office in Amsterdam, the Netherlands (the "Company"), hereby announces that on 3 April 2014, the Company issued an announcement on the purchase of shares under the public tender offer to subscribe for the sale of the Company's own shares announced by the Company on 28 February 2014 (the "Announcement").

The Board of Directors of Global City Holdings N.V., a company organized in the Netherlands and existing under the laws of the Netherlands with its corporate seat in Amsterdam, the Netherlands (the "Company") hereby announces that Mr. Frank Pierce and Mr. Jonathan Chissick, two of its non-executive Board Members, resigned from office on 31 March 2014:

VILNIUS, LITHUANIA -- A Romanian film starring the south-eastern European country's top veteran actor Victor Rebengiuc, that uses a robotic canine as a motif in a poignant tale of loss, separation and love, Tudor Cristian Jurgiu's Japanese Dog won best film and a $9,600 cash award late Thursday at the Vilnius International Film Festival.

CinEast, the Central and Eastern European Film Festival Luxembourg (www.cineast.lu), has opened call for entries for its 7th edition, which will be held from 9 to 26 October 2014 in Luxembourg city and other towns.

Submissions are now open for Ex Oriente Film 2014, the year-long international workshop supporting the development and funding of creative documentary films from Central and Eastern Europe.