Crown Media Lists on the Stock Market of Amsterdam Exchanges

Business Wire, August 8, 2000

Business Editors

ENGLEWOOD, Colo.--(BUSINESS WIRE)--August 8, 2000

Class A Common Stock Now Listed on Both Nasdaq National Market and

the Stock Market of Amsterdam Exchanges

Crown Media Holdings, Inc. (Nasdaq NM: CRWN) (ASE: CRWN) today announced it has begun trading its common stock on the Stock Market of Amsterdam Exchanges (ASE) under the ticker symbol CRWN. Shares of Crown Media's Class A common stock will continue to trade on the Nasdaq National Market.

David Evans, President and Chief Executive Officer of Crown Media Holdings, said, "Listing on the Stock Market of Amsterdam Exchanges increases Crown Media's visibility to investors around the world and provides a platform to highlight our growth as we continue to expand our cable operations in untapped markets. Crown Media's listing in Europe coincides with the increasing recognition and growing subscriber base of our international channels and our strength in branded, family entertainment programming."

About Crown Media Holdings, Inc.

Crown Media Holdings, Inc. owns and operates pay television channels dedicated to high quality family programming. The Company currently operates and distributes three cable channels: Hallmark Entertainment Networks in over 70 international markets, the Odyssey Network in the United States and the Kermit Channel in Asia. Crown Media has more than 59 million subscribers worldwide.

Statements contained in this press release may contain forward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that are based on management's current expectations, estimates and projections. Words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," variations of such words and similar expressions are intended to identify such forward-looking statements. Forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those projected or implied in the forward-looking statements. Such risks and uncertainties include: competition and fluctuations in the availability of programming and fluctuations in demand for the programming we air on our channels, as well as other risks detailed in the Company's filings with the Securities and Exchange Commission, including the Risk Factors included in the Company's registration statement, as amended, registration no. 333-95573, initially filed on January 28, 2000. Crown Media Holdings is not undertaking any obligation to release publicly any updates to any forward looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.