THIRD QUARTER IS A CHARM FOR OXYGEN! SUMMER �06 CLOSES AS NETWORK�S HIGHEST RATED QUARTER EVER IN PRIMETIME

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Originals Including The Janice Dickinson Modeling Agency, Mo�Nique�s F.A.T. Chance, Preston Bailey: Mr. Fabulous and Warner Bros. Movie Package Propel Oxygen to Record Ratings

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NEW YORK, September 26, 2006 � The third quarter of 2006 made Oxygen history, delivering the network�s highest rated quarter ever in Primetime among Households, Women 18 � 49 and Women 18 � 34. In Total Day, third quarter 2006 was the most watched quarter ever among Households, Women 18-49, Women 18-34 and Persons 2+.

Ratings have been fueled by a strong 3Q06 programming schedule of original series including The Janice Dickinson Modeling Agency, Mo�Nique�s Fat Chance, Preston Bailey: Mr. Fabulous and Snapped. Oxygen�s film package also garnered record ratings, with the television premieres of titles Raising Helen and What A Girl Wants.

Highlights include:

� The Janice Dickinson Modeling Agency has become Oxygen�s highest rated original series in Primetime ever among Households (0.44), Women 18-49 (0.41) and Women 18-34 (0.50).

� Mo�Nique�s Fat Chance and Preston Bailey: Mr. Fabulous were the highest rated original programs in 3Q06 among Households and Women 18 � 49.

� Snapped achieved its highest ratings ever among Households and Women 18 � 49 in 3Q06.

� The television premiere of Warner Bros. theatrical release Raising Helen on August 12 became Oxygen�s second highest rated telecast of all time among Households, garnering a 1.13 rating.

� Warner Bros. movies Raising Helen and What A Girl Wants were the highest rated programs overall among Households in 3Q06.

�Completing our highest rated quarter ever is an enormous achievement, especially considering our subscriber base has grown by 13 million homes in this year alone,� said Debby Beece, Oxygen�s President of Programming and Marketing. �Our original programming is clearly resonating with young women - and with a whole new slate of bold, funny and smart originals coming up this winter, we are certain that connection will keep growing.�

About Oxygen Media

Oxygen, the only cable network owned and operated by women, is currently available in over 69 million homes. The network was launched in 2000 to fill a void in the television landscape � creating a network targeted to younger women. Oxygen is rewriting the rulebook for women�s television , with vast array of unconventional and original programming including The Janice Dickinson Modeling Agency, Mo�Nique�s Fat Chance and Campus Ladies. Geraldine Laybourne, the network�s founder, Chairman and CEO, has led the company to be a strong advocate for women. Through programs like The Mentor�s Walk, Oxygen�s national program for bringing along the next generation, and Who Cares About Girls, Oxygen�s new documentary series � Oxygen is creating The New Girls Network.