Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On October 1, 2009, the Board of Directors of Central European Media Enterprises Ltd. (the "Company") appointed Mr. Paul Cappuccio, Executive Vice President and General Counsel of Time Warner Inc. ("Time Warner"), and Mr. Michael Del Nin, Senior Vice President, International and Corporate Strategy of Time Warner, to the Board of Directors.

Time Warner is entitled to designate two members for appointment to the Board of Directors of the Company in connection with an Investor Rights Agreement dated May 18, 2009 among the Company, Time Warner, Ronald Lauder and certain entities affiliated with Mr. Lauder, which was described in the Current Report on Form 8-K filed with the Securities and Exchange Commission on March 23, 2009.

On October 1, 2009, Mr. Olaf Olafsson, Executive Vice President of Time Warner, resigned from the Board of Directors of the Company.

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