News: PRT Prime Media Group Says Intends Pay A Fully Franked Dividend Of $0.03 Per Fully Paid...

Dec 9 (Reuters) - Prime Media Group Ltd (PRT) :

• INTENDS TO DETERMINE THAT PRIME WILL PAY A FULLY FRANKED DIVIDEND OF $0.03 PER FULLY PAID ORDINARY SHARE IN PRIME
• SEVEN HAS CONSENTED TO PAYMENT OF SPECIAL DIVIDEND IN ACCORDANCE WITH TERMS OF SCHEME IMPLEMENTATION DEED
• BOARD CONTINUES TO UNANIMOUSLY RECOMMEND THAT PRIME SHAREHOLDERS VOTE IN FAVOUR PROPOSED ACQUISITION BY SEVEN
• TO FACILITATE PAYMENT OF SPECIAL DIVIDEND, SEVEN AGREED TO DEFER PAYMENT OF CERTAIN FEES ACCRUED BY PRIME UNDER PROGRAM SUPPLY AGREEMENT