Article: Holnest Investments Limited, Globecast Holdings Limited, Altavista Global Holdings Limited, Praxis Global Investments Limited, Minos Kyriakou, Theodore Kyriakou, Xenophon Kyriakou and Athina Kyriakou Accept for Payment Validly Tendered American Depositary Shares and Ordinary Shares of Antenna TV S.A. and Announce Start of Subsequent Offering Period at $1.20 Per ADS ($2.40 Per Ordinary Share).

ATHENS, Greece -- ATHENS, Greece, Jan. 6 /PRNewswire/ -- Holnest Investments Limited, Globecast Holdings Limited, Altavista Global Holdings Limited, Praxis Global Investments Limited, Minos Kyriakou, Theodore Kyriakou, Xenophon Kyriakou and Athina Kyriakou (collectively, the "Offerors") announced today that the offering period of their tender offer to purchase (i) all outstanding ordinary shares, par value GRD 100 each (the "Ordinary Shares"), and (ii) all outstanding American Depositary Shares, each representing one-half of one Ordinary Share (the "ADSs") of Antenna TV S.A. , not already owned by the Offerors or their affiliates, expired on Friday, January 3, 2003, at ...

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