TEVECAP S.A. EXTENDS EXPIRATION DATE OF EXCHANGE OFFER


     SAO PAULO,  December 7, 2005 - Tevecap S.A. (the "Company") today announced
that it is extending the Expiration  Date of its exchange offer for an aggregate
principal amount of up to U.S.$7,008,000 of its unregistered outstanding 12.625%
Notes due 2009  (the  "Existing  Notes")  for the same  principal  amount of its
registered  12.625%  Notes  due  2009,  which  have  been  registered  under the
Securities  Act of 1933,  until 5:00 p.m.,  New York City time,  on December 20,
2005 (the "Expiration Date"), unless further extended by the Company in its sole
discretion. As of 5:00 p.m., New York City time, on December 6, 2005, holders of
approximately  U.S.  $6,978,000  principal amount of Existing Notes had tendered
their Existing Notes.

     The  exchange  offer will remain in all  respects  subject to all terms and
conditions described in the Prospectus dated November 7, 2005.

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     THIS  PRESS  RELEASE  SHALL  NOT   CONSTITUTE  AN  OFFER  TO  SELL  OR  THE
SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE  SECURITIES
IN ANY STATE IN WHICH SUCH OFFER,  SOLICITATION OR SALE WOULD BE UNLAWFUL TO THE
TERMS AND CONDITIONS OF THE  REGISTRATION  UNDER THE SECURITIES LAWS OF ANY SUCH
STATE. BEFORE MAKING AN INVESTMENT DECISION, INVESTORS SHOULD CAREFULLY READ THE
ENTIRE REGISTRATION STATEMENT AND PROSPECTUS, INCLUDING THE FINANCIAL STATEMENTS
AND THE NOTES THERETO AND THE DOCUMENTS INCORPORATED BY REFERENCE THEREIN.

                                         * * *

      This extension notice is dated as of December 7, 2005.