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the creation of new business areas which anticipate change;

the constant improvement in our management processes; our

innovative spirit and the work of a highly qualified team with

which I am very happy. Therefore, 2015 is the result of great work

by all of us who are part of this fantastic

Organisation

and this

great work has not just been seen this year, but in all previous

years as well. We are who we are because over all these years

we have shown ourselves to be the most capable of anticipating,

innovating and, in short, preparing ourselves for change.

Our magnificent results are also the consequence of a leading,

sustainable and profitable model, which has managed to

combine commercial demands with audience recognition and is

relevant and excellently valued by both viewers and listeners and

by advertisers.

At our

Group

, we do many things and we do them all well.

Atresmedia Televisión

has established its own way of

understanding the business. People can no longer doubt that

audience and prestige can go hand in hand and that this is not

the reserve of public television. If to these attributes we add

the enormous commercial appeal of our television offer to the

brands, we are looking at a successful and unique formula in

the industry. In mid-2015

Atresmedia Radio

started a renewal

process for its main station,

Onda Cero

, which will serve as a

lever to allow it to continue growing and to reaffirm and update

a leading model of radio that is close to its listeners, balanced,

participatory and diverse. Being the most profitable radio group

in the market for yet another year demonstrates the strength of

our approach.

Atresmedia Publicidad

has ended the year as the

largest seller of multimedia advertising in the Spanish market,

with 19.3% of the total investment in media, and is considered

the best valued TV advertising seller in terms of the quality of

the commercial service.

Atresmedia Diversificación

continues to

efficiently explore new sources of income and its contribution to

the

Group

is growing. It is worth mentioning the extraordinary

expansion of our international channels, which now exceed 32

million subscribers worldwide. Moreover,

Atresmedia Digital

has closed 2015 as the Internet's leading audiovisual group, a

huge milestone, and

Atresmedia Cine

has managed to capture

a third of the box office takings for Spanish cinema with its six

releases, adding to this success the highest public awards and

recognitions.

Everyone at

Atresmedia

knows that our leadership, the leading

position we have achieved over recent years, in all the business

areas in which we operate, goes far beyond simple audience

or financial figures. It also lies in our ability to set the agenda,

to generate the debates that matter and the conversations in

the street, and to set the pace.

7d: el debate decisivo

is a clear

example of what we are capable of doing as a Group and of the

position of opinion leaders that we have achieved in society. On

that night we set an unprecedented television milestone, we

were heavily involved in a unique event with an audience share

of 48.2% and 9,233,000 viewers, and we took a step forward

Our magnificent

results are the

consequence

of a leading,

sustainable

and profitable

model, which

has managed

to combine

commercial

demands

with audience

recognition

and is relevant

and excellently

valued by both

viewers and

listeners and by

advertisers

4

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ATRESMEDIA

| EXECUTIVE SUMMARY OF THE ANNUAL AND CORPORATE RESPONSIBILITY REPORT 2015