Nippon Television Network Corporation
(Tokyo Stock Exchange 9404)

Nippon Television Network Corporation (NTV) announced today a revision of its dividend forecast.

1. Reasons for Revision

NTV acknowledges the important managerial task of returning profits to our shareholders, establishing a flexible corporate system that is able to change according to market conditions and strengthening its revenue base. Anticipating the full digitalization of terrestrial broadcasting scheduled for July 2011, our basic policy is to assertively expand future business opportunities by working towards retaining earnings while continuing to deliver stable returns to shareholders.
The previous forecast for the end of year (fourth quarter) dividend was set at 90 yen as the floor due to unclear visibility of our broadcasting environment.
However, due to our broadcasting revenue showing some signs of improvement and with ongoing efforts at reducing costs, mainly in program production, showing successful results, NTV will revise its dividend forecast.
The subject of raising the end of year dividend to 200 yen and the total dividend for the fiscal year ending March 31, 2011 to 290 yen, which is the same as the previous fiscal year, will be discussed at the General Shareholders' Meeting planned for June 2011.

2. Revision of Dividend