ATN Repays Its Million Dollar Debenture



    TORONTO, June 9 /CNW/ - Asian Television Network International Limited
(ATN) (TSX-SAT), Canada's pioneer South Asian broadcaster and the country's
largest distributor of world class cricket is pleased to announce the total
repayment of our million dollar debenture due June 9 2008. "We are pleased
that we have been able to repay this debenture from our operating cash
flow"said Mr. Shan Chandrasekar President and CEO of ATN.
    "ATN will continue to present an improving balance sheet for our
investors with this pay down of a significant portion of our long-term debt
which was achieved by our outstanding growth in revenue and earnings over the
past 3 years." said Mr. Byrne Fulton Chief financial Officer of ATN

    ATN operates 14 television channels and ATN also operates ATN Asian Radio
on XM 159 the only Satellite Radio serving North Americas South Asian
Diaspora. ATN has programming alliances with leading International
Broadcasters.
    For more Information about ATN please visit our website
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.





For further information:

For further information: B. Fulton, CA, CFO, Asian Television Network
International Limited, Newmarket, Ontario, L3Y 7B6, (905) 836-6460


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890