Southern Cross Austereo to Resume Advertising on 2Day FM All profits from advertising on 2Day FM for remainder of 2012 to be donated to an appropriate memorial fund

SYDNEY, Dec. 11, 2012 /PRNewswire/ -- Following the company's statement on 10th December, Southern Cross Austereo (SCA) today advises that after careful consideration it has resolved to resume advertising on 2Day FM effective Thursday 13 December, 2012.

All profits from advertising on 2Day FM until the end of the year will be donated to an appropriate fund that will directly benefit the family of Jacintha Saldanha. A minimum contribution of AUD$500,000 will be made. SCA today reiterates its deep regret for what has taken place in these tragic and unforeseen circumstances and offers its condolences to the family of Jacintha Saldanha.

SCA Chief Executive Officer Rhys Holleran said, "We are very sorry for what has happened. It is a terrible tragedy and our thoughts continue to be with the family. We hope that by contributing to a memorial fund we can help to provide the Saldanha family with the support they need at this very difficult time. The Company today reiterates that it is deeply saddened by this tragic and unforeseen event and offers its condolences to the family of Jacintha Saldanha."

Further Information:

Sandy Kaye
sandyk@bigpond.com.au
+61 418 314 681

Vicki Heath
+61 402 355 325
Vicki.heath@sca.com.au

For media enquiries outside 9am5pm Australian EST please lodge online at:
http://www.southerncrossaustereo.com.au/media

SOURCE Southern Cross Austereo



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