Fiscal 2006 marks ten years of continuous growth for Astral Media. Since 1996, when Astral Media made the decision to become a pure-play media company, we have grown the net earnings of our core media business operations from about $1 million to over $100 million. In those same ten years, the Company’s market capitalization has grown more than tenfold.

In Fiscal 2006, Astral Media reported record revenues of
$593.7 million, and the highest EBITDA, earnings and earnings per share in its history, with a debt-free balance sheet and cash reserves of $113.7 million at year-end. In the last two years, the shareholder dividend has doubled, increasing by 50% in the past year alone.

Indeed, Astral Media has consistently grown in size and profitability, for 40 consecutive quarters. Few companies in any industry can boast such vigorous growth.

Such a performance does not happen by chance. The past ten years of uninterrupted success are due in large part to the creativity and hard work of our highly dedicated team of 1,800 employees.