ATN Declares Dividend

TORONTO, March 18 /CNW/ -  Asian Television Network International Limited (ATN) (TSX: SAT),

The board of directors adopted today a dividend policy for 2011 which contemplates the payment of semi-annual dividends in May and November of 2011.

The dividend policy will be reviewed periodically by the board of directors.  The board of directors has the sole discretion to declare and to adjust or eliminate dividends based on relevant considerations, including the Company's need to retain capital to support its stability and growth, and compliance with applicable laws.

In accordance with its dividend policy for 2011, the board of directors declared today a dividend of $0.02 on each common share outstanding, payable, on May 4th2011, to shareholders of record at the close of business of April 15th 2011.

The Company advises that the dividend to be paid on the common shares on May 4th, 2011 is designated as an "eligible dividend" for Canadian income tax purposes.

ATN serves Canada's diverse cultural communities with 33 premium specialty television channels. ATN offers its flagship general interest service, several Bollywood movie channels, and a variety of channels that include sports, news, music, lifestyle, spiritual and several regional languages.  ATN is Canada's largest distributor of World Class Cricket including ICC World Cup ATN operates the only South Asian Radio Service 24 hours a day on XM across The United States and Canada.

A Canadian-owned public company, ATN was recently selected as a TSX Venture 50 company and is a Business Excellence Award winner from the Newmarket Chamber of Commerce.  The Founder of ATN was a 2010 Ernst & Young Entrepreneur of the Year Award finalist, and has been inducted to the Canadian Broadcast Hall of Fame.  ATN created history by delivering more than 100 hours of live coverage in six languages on seven channels across Canada for the 2010 Winter Olympic Games.  For more details on ATN 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:

B. Fulton CA CFO
Asian Television Network International Limited            
Newmarket, Ontario L3Y 5S9
905-836-6460
atn@asiantelevison.com  


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