Polsat begins to look for a minority investor

This does not exclude the possibility of selling a stake to a sector investor, but Solorz-Żak said that general meetings with potential investors usually do not lead to speedy results. He added that he intends to give up around 20%-30% in the company and maintain majority control. He also said that new shares would definitely be issued, as Polsat needs funds for investment. Solorz-Żak would not speculate on the precise value of his company, but argued that it is worth more than TVN, and cited Polsat's low level of debt as one of the main reasons for this. He clarified, that aside from the Polsat channel, investors would get a share in TV production and advertising companies, theme channels, but not the digital TV platform, nor Polsat's financial enterprises - pension fund company, bank or insurance business. (Puls Biznesu, p. 4) T.J.