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BLOCKBUSTER ACQUIRES MAJORITY OF CITYVISION COMMON SHARES

 BLOCKBUSTER ACQUIRES MAJORITY OF CITYVISION COMMON SHARES
 FORT LAUDERDALE, Fla., Feb. 5 /PRNewswire/ -- Blockbuster Entertainment Corporation (NYSE: BV) announced today that it has acquired the ordinary shares (common shares) and preference shares of Cityvision plc which were tendered to Blockbuster pursuant to its previously announced offers.
 As of this morning, valid acceptances covering 114,278,750 common shares (representing 80.7 percent of Cityvision's outstanding common shares) and 2,430,863 preference shares (representing approximately 27.4 percent of Cityvision's outstanding preference shares) had been received.
 The acquisition of the Cityvision shares followed Blockbuster's announcement in London that all conditions relating to the offers had been satisfied or waived. The offers will remain open for acceptance by Cityvision shareholders who have not yet tendered their shares until midnight (U.K. time) on Feb. 12, 1992, which is also the deadline for shareholders to elect, under the offers, to receive Blockbuster common stock as a part of the payment for their Cityvision shares.
 -0- 2/5/92
 /CONTACT: Wally Knief of Blockbuster Entertainment Corporation, 305-524-8200/
 (BV) CO: Blockbuster Entertainment Corporation ST: Florida IN: REA SU:


SS-XX -- FL003 -- 7008 02/05/92 08:25 EST
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Publication:PR Newswire
Date:Feb 5, 1992
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