New Frontier Media Inc. (Nasdaq:NOOF), a leading provider of transactional television services and distributor of general motion picture entertainment, announced that it has repurchased approximately 2.1 million shares of its outstanding common stock in an unsolicited, open-market broker transaction intended to comply with Rule 10b-18 promulgated under the Securities Exchange Act of 1934, as amended. The repurchase was made at the market price of $1.10 per share for an aggregate purchase price of approximately $2.3 million , net of brokerage commissions.

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