39547--12/14/2006--METROMEDIA_INTERNATIONAL_GROUP_INC

related topics

{operation, international, foreign}

{financial, litigation, operation}

{loan, real, estate}

{regulation, change, law}

{provision, law, control}

Limitations in the Georgian Licensing Regime. Limited Protection of Shareholder Rights in Georgia. The Company and its personnel face unusual economic and legal risks by operating abroad. Fluctuation in the Georgian currency exchange rate could adversely affect the Company s results of operations. Limited diversity of the Company s present business increases general investment risk. The Company s dependence on local operators, interconnect parties or local customers may materially and adversely affect its operations. Legal proceedings could adversely affect the Company s financial condition.

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