Slide 1

Jetix Europe N.V.Financial Results

For the six months ended March 31, 2008

May 15, 2008

Slide 2

Paul TaylorChief Executive Officer

Operating Review

Slide 3

Jetix Europe

Channels broadcasting via 15 feeds to 58 countries in 19 languages

Reach over 52 million households across Europe and the Middle East

Three operating divisions :

Ð Channels and Online

Ð Programme Distribution

Ð Consumer Products

Slide 4

Strategic Developments

New programming team commissions first shows

Extending programming relationship with Disney into live-action

Investment in digital leading to summer re-launch of Jetix websites

Close to finalising major new sales initiative with Disney

Advertising growth maintained despite difficult economic environment

Building on our position as one of Europe’s leading kids entertainment companies

Slide 5

Channels and Online

Subscribers grew by 4% to 52.3 million households

Bulgarian language channel launched

New long-term distribution agreement with Canalsat in France

Advertising revenue increased in most markets

Investing in a major re-launch of Jetix branded websites

New deals with online and mobile partners

Broadcasting in 58 countries via 15 channel feeds in 19 languages

Slide 6

Programme Distribution

Power Rangers continues to sell well

Second series of Pucca supplied to US

Two new series commissioned

56 new episodes delivered

Programme pipeline of 120 episodes

Library of approx. 6,000 episodes

Slide 7

Consumer Products

Power Rangers biggest selling property

New magazine launched in Turkey

Pucca success continues, notably in France

Major home entertainment deal for library product

Consumer products rights secured on two new series

Slide 8

Dene StrattonChief Financial Officer

Financial Review

Slide 9

Revenue

EBITDA1

Operating Profit

Net Profit attributable to shareholders

Diluted EPS (cents)

Operating Cash Flow

H1 08 H1 07

71.2

29.5

11.2

20.1

23.6

30.3

87.7

40.4

16.9

20.7

24.4

20.8

Change

(16.5)

(10.9)

(5.7)

(0.6)

(0.8)

9.5

(Euro mil.)(Unaudited)

1 Consistent with prior years, EBITDA is operating profit stated before programme amortisation, impairment and depreciation.

Financial Summary

Slide 10

Channels and Online1

Financial Performance Overview

H1 07H1 08At constant exchange rates, revenue fall limited to 4%

At constant exchange rates, EBITDA was €26.0 million

EBITDA margin of 42%

1 Unaudited

Change€ million

Revenue- Subscription- Advertising- Other

EBITDA

33.722.71.5

57.9

24.4

40.220.72.5

63.4

28.3

(16)%9 %

(41)%(9)%

(14)%

Slide 11

Financial Performance Overview

Timing of programme deliveries weighted towards second half of fiscal year

As expected, lower volume of episodes delivered to US

EBITDA margin of 78%

Programme Distribution1

1 Unaudited

Revenue

EBITDA

H1 07H1 08

6.4 11.6 (44)%

7.85.0 (36)%

Change€ million

Slide 12

Consumer Products1

Financial Performance Overview

No A.T.O.M. master toy license sale following decision not to produce third series

EBITDA margin of 49%

1 Unaudited

Revenue

EBITDA

H1 07H1 08

6.9 12.7 (45)%

7.13.4 (52)%

Change€ million

Slide 13

Cash Flow1

1 Unaudited; excludes Foreign Exchange impact

Cash from operating activities increased by 46% to €30.3 million

Cash and cash equivalents increased by €22.4 million to €121.9 million

Cash Flow Overview

Operating Cash Flow

H1 07H1 08

30.3 20.8 9.5

Change€ million

Slide 14

Foreign Exchange Impact

H1 08 Actual 1

Group revenues

– Channels and online

– Programme distribution

– Consumer products

Costs and expenses

EBITDA

Depreciation and amortisation

Operating income

(Euro mil.) Change due to FX

H1 08 @ H107 rates 2 Change H1 07

Actual

57.9

6.4

6.9

71.2

(41.7)

29.5

(18.3)

11.2

(3.3)

(0.4)

(0.1)

(3.8)

2.2

(1.6)

2.4

0.8

61.2

6.8

7.0

75.0

(43.9)

31.1

(20.7)

10.4

(2.2)

(4.8)

(5.7)

(12.7)

3.4

(9.3)

2.8

(6.5)

63.4

11.6

12.7

87.7

(47.3)

40.4

(23.5)

16.9

1 Unaudited2 Average of actual rates for six

months ended March 31, 2007

Slide 15

Summary

Financial performance affected by changes in a limited number of specific deals

At constant exchange rates, maintaining fiscal 2008 guidance

Close to extending distribution deal with Disney to include channels and new media

Developing live-action programming with Disney

New Jetix programming commissions

Investing in digital division

Slide 16

Q and A

Slide 17

Appendix

Slide 18

Households Reached

Million Households

1 Versus year ended Sept 30, 2007

1

0.3

1.7

2.9

4.2

6.8

8.5

0.3

0.8

2.1

3.0

3.0

4.3

4.3

4.4

9.5

0.8

2.0

3.1

4.1

4.0

9.1

2.9

1.7

9.0

3.1

6.8

0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0

Greece

Israel

Germany

Turkey

Hungary, Czech, Slovak

Scandinavia

Spain

Italy

Poland

France

Netherlands

UK

CEE

H1 08FY 07