ATN REPORTS A FIRST QUARTER NET PROFIT OF 1.3 MILLION

TORONTO, June 28, 2011 /CNW/ -  Asian Television Network International Limited (ATN) (TSX-SAT) Canada's Pioneer South Asian Broadcaster is pleased to announce its operating results for the 1st quarter of 2011 with a profit before tax of almost $2 million which is an increase of 375% over the 1st Quarter profit before tax of 2010 of $0.5 million.

The results of the period are as follows:

    2011         2010
EBITDA     1,979,000         626,000
EBITDA Earnings per share   0.081         0.026
Net income for the period   1,342,000         519,000
Earnings per share    0.05         0.01

"We are very pleased with these results of the Company," says Kyrill Classen Chief Financial Officer.

"We are encouraged by the growth of our business and the trend this sets for the future," says Dr. Shan Chandrasekar President & CEO.

ATN operates 33 television channels as well as the ATN Asian Radio on XM 159, the only Satellite Radio channel serving North America's South Asian Diaspora. ATN video content is also available on any Bell mobile phone that supports video. ATN has programming alliances with leading international broadcasters. For more information please visit www.asiantelevision.com

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. We rely on safe harbour provision.

SOURCE Asian Television Network International Limited

For further information:

K. Classen CFO
Asian Television Network International Limited
Newmarket, Ontario L3Y 7B6
905-836-6460


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