EXHIBIT 99.1
                                                                    ------------



        CERTIFICATION PURSUANT TO RULE 13A-14 OR 15D-14 OF THE SECURITIES
         EXCHANGE ACT OF 1934, AS ADOPTED PURSUANT TO SECTION 302 OF THE
                           SARBANES-OXLEY ACT OF 2002

         I, Maurice Avdelas, certify that:

         1.       I have reviewed this annual report on Form 20-F of Antenna TV
S.A.;

         2.       Based on my knowledge, this report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this report;

         3.       Based on my knowledge, the financial statements, and other
financial information included in this report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
issuer as of, and for, the periods presented in this report;

         4.       The issuer's other certifying officer and I are responsible
for establishing and maintaining disclosure controls and procedures (as defined
in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the issuer and have:

                  (a)      Designed such disclosure controls and procedures, or
                           caused such disclosure controls and procedures to be
                           designed under our supervision, to ensure that
                           material information relating to the issuer,
                           including its consolidated subsidiaries, is made
                           known to us by others within those entities,
                           particularly during the period in which this report
                           is being prepared;

                  (b)      Evaluated the effectiveness of the issuer's
                           disclosure controls and procedures and presented in
                           this report our conclusions about the effectiveness
                           of the disclosure controls and procedures, as of the
                           end of the period covered by this report based on
                           such evaluation; and

                  (c)      Disclosed in this report any change in the issuer's
                           internal control over financial reporting that
                           occurred during the period covered by the annual
                           report that has materially affected, or is reasonably
                           likely to materially affect, the issuer's internal
                           control over financial reporting; and

         5.       The issuer's other certifying officer and I have disclosed,
based on our most recent evaluation of internal control over financial
reporting, to the issuer's auditors and the audit committee of the issuer's
board of directors (or persons performing the equivalent function):

                  (a)      All significant deficiencies and material weaknesses
                           in the design or operation of internal control over
                           financial reporting which are reasonably likely to
                           adversely affect the issuer's ability to record,
                           process, summarize and report financial information;
                           and

                  (b)      Any fraud, whether or not material, that involves
                           management or other employees who have a significant
                           role in the issuer's internal control over financial
                           reporting.



Dated:   March 31, 2004


                                    /s/ Maurice Avdelas
                                    -------------------------------------------
                                    Maurice Avdelas
                                    Chief Executive Officer
                                    (Principal Executive Officer)