Stream Holds 2007 Annual General Meeting:

    1. Robert Dziublowski was appointed director, replacing Przemyslaw       Aussenberg, who stepped down from the Board due to other commitments.       Mr. Dziublowski's background is included below.    2. The new Board of Directors of Stream for the ensuing year will be       comprised of:       Robert Wussler       Iwona Kozak       Jan S. Rynkiewicz       George Hervey-Bathurst, Independent Director       Robert Dziublowski, Independent Director    3. Officers of the Company will be:       Robert Wussler, Chairman       Iwona Kozak, Secretary       Jan S. Rynkiewicz, President & CEO       Jens Christensen, CFO    4. The Audit Committee for the ensuing year will be comprised of:       Jan S. Rynkiewicz       Robert Dziublowski, Independent Director       George Hervey-Bathurst, Independent Director    5. The Compensation Committee for the ensuing year will be comprised of:       Robert J. Wussler       Jan S. Rynkiewicz       Iwona Kozak    6. The Corporate Governance Committee for the ensuing year will be       comprised of:       George Hervey-Bathurst, Independent Director       Jan S. Rynkiewicz       Robert Dziublowski, Independent Director    7. Deloitte & Touche, LLP, Chartered Accountants has been appointed as       auditor of the Company for the ensuing year.

New Director Robert Dziublowski

Mr. Dziublowski brings over 15 years of experience in investing,consulting and management and has advised a number of international companieson doing business, building a Central European presence or making acquisitionsin Poland and Central Europe. His clients have included Nasdaq and EiffageConstruction, one of the largest construction groups in Europe.

He has advised leading Polish companies in acquisitions in the insurance,media and telecommunications sectors. His clients have included WusslerGroup, a partner of company of Ted Turner Pictures, WPI, a U.S.telecommunications group, and Grupa PZU, a leading Polish financial servicesfirm.

He has served on the boards of a number of companies traded on the WarsawStock Exchange, and currently serves on the board of Mobiltek, a company helaunched in 2002.

"Robert's extensive advisory experience in Polish corporate transactionsand acquisitions in particular are a welcome addition to Stream's Board," saidJan Rynkiewicz, President and CEO of Stream Communications. "His skills arevaluable for the industry consolidation that Stream expects to participatein."

Mr. Dziublowski received an M.A. in Political Science from WarsawUniversity in 1988 and an M. A. in International Relations from University ofHawaii in Honolulu in 1990.

About Stream Communications

Stream is a broadband cable company and offers Cable TV, high-speedInternet and VoIP services in Poland. Stream is the 7th largest Cable TVoperator in Poland, focusing on the densely populated markets of SouthernPoland.

Safe Harbor for Forward-Looking Statement

Except for statements of historical fact, the information presented hereinconstitutes forward-looking statements within the meaning of the PrivateSecurities Litigation Reform Act of 1995. Such forward-looking statementsinvolve known and unknown risks, uncertainties and other factors which maycause the actual results, performance or achievements of the company to bematerially different from any future results, performance or achievementsexpressed or implied by such forward-looking statements. Such factors includegeneral economic and business conditions, the ability to acquire and developspecific projects, the ability to fund operations and changes in consumer andbusiness consumption habits and other factors over which Stream CommunicationsNetwork and Media Inc. has little or no control.