ATN Adopts Quarterly Dividend Policy Commencing in 2012

TORONTO, Dec. 1, 2011 /CNW/ -  Asian Television Network International Limited (ATN) (TSX: SAT),

The Company is please to announce that the Company's board of directors has adopted a regular quarterly dividend policy commencing in 2012:

For the 2012 calendar year, a regular quarterly dividend of $0.02 per share to be paid on each common share of the Company on January 31st, April 30th, July 31st and October 31st 2012.

For the 2013 calendar year and subsequent years, a regular quarterly dividend equal to one quarter of 40% of the Company's earnings per common share for the immediately prior fiscal year (and rounded to the nearest cent ) to be paid on each common share of the company, on January 31st, April 30th, July 31st and October 31st 2013.

The record date to determine those shareholders entitled to receive a dividend payment will be set in accordance with the policies of the TSX Venture Exchange, and will be announced in advance of each payment date;

The dividend policy will be reviewed periodically by the board of directors of the Company. 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.

This is a new phase for us and it is nice to add the word 'dividend' to the ATN vocabulary,' observed Dr. Shan Chandrasekar, President and CEO of ATN and went on to say 'We take this opportunity to express our sincere appreciation to the ATN shareholders who have stayed on board with us and also to our hard working staff who have brought us through some very challenging and yet no less interesting times', he observed.

ATN serves Canada's diverse cultural communities with 34 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 pioneer distributor of World Class Cricket. ATN operates the only South Asian Radio Service 24 hours a day on XM across The United States and Canada.

For more details on ATN visit www.asiantelevision.com

Neither the Toronto Venture Exchange, nor its regulation services provider (as that term is defined in the policies of the exchange), accepts responsibility for the adequacy or accuracy of this release

Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict, including the risk that the Company may in future change its dividend policy. Actual results might differ materially from results suggested in any forward-looking statements.

The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements unless and until required by securities laws applicable to the Company. Additional information identifying risks and uncertainties is contained in filings by the Company with the Canadian securities regulators, which filings are available at www.sedar.com.