4 2003-06-06 0 0000925645 CENTRAL EUROPEAN MEDIA ENTERPRISES LTD CETV 0001059950 SCHUSTER JACOB Z 1 0 0 0 Option: Right to Buy 21.794 2003-05-22 2003-06-06 4 A 0 8000 0 A 2004-05-22 2013-05-21 Class A Common Stock, par value $0.08 8000 8000 D The per share option price for each option granted is equal to the average of the closing sales price of the Issuer's Class A Common Stock as published by the NASDAQ Stock Market over the ten consecutive business days immediately following the date the option was granted. 1600 options will become exercisable on each of 5/22/2004, 5/22/2005, 5/22/2006, 5/22/2007 and 5/22/2008. Jacob Schuster 2003-06-09