Liberty Acquisition Holdings Corp. Stockholders Approve Business Combination with Promotora de Informaciones, S.A.

NEW YORK, November 24, 2010 - Liberty Acquisition Holdings Corp. (NYSE Amex: LIA, LIA.U, LIA.WS)
announced today that Liberty's stockholders approved all of the proposals
related to the proposed business combination with Promotora de Informaciones,
S.A. ("Prisa") presented at the special meeting of its stockholders held
today. In addition, the required percentage of Liberty's warrantholders
approved the amendment to certain terms of Liberty's warrants at the special
meeting of its warrantholders also held today.

No holders of shares of Liberty common stock issued in Liberty's initial
public offering validly elected to require Liberty to redeem their shares for
a pro rata portion of Liberty's trust account if the business combination
with Prisa is completed. Holders of less than 50,000 shares of Liberty common
stock elected to receive the $10.00 per share cash alternative in the
business combination, holders of approximately 90 million shares of Liberty
common stock elected to receive the per share mixed consideration consisting
of Prisa securities and cash in the business combination, and the remaining
holders of shares of Liberty common stock made no election and will receive
the mixed consideration if the business combination is consummated. As a
result, there are a total of not less than 129 million shares of Liberty
common stock outstanding as to which the holder has not exercised redemption
rights or elected to receive the $10.00 per share cash alternative in the
business combination.

Subject to the satisfaction (or waiver) of other closing conditions
contained in the related business combination agreement, including approval
of related matters by Prisa's shareholders at the Prisa shareholders' meeting
scheduled to be held on November 27, 2010, Liberty expects the share exchange
to occur on or around November 29, 2010, and the delivery of the
consideration payable pursuant to the terms of the business combination as
soon as possible thereafter.

About Liberty Acquisition Holdings Corp.

Liberty Acquisition Holdings Corp. is a blank check company formed for
the purpose of effecting a business combination with one or more operating
businesses. The Company completed its initial public offering of 103,500,000
units at $10.00 per unit in December, 2007. Each unit was comprised of one
share of common stock and one half (1/2) of one warrant to purchase a share
of its common stock.

About Promotora de Informaciones, S.A.

Promotora de Informaciones, S.A., or Prisa, is the world's leading
Spanish and Portuguese-language media group in the fields of education,
information and entertainment. Present in 22 countries, it reaches more than
50 million users through its global brands, like El Pais, 40 Principales,
Santillana and Alfaguara. As a lead global player in general-interest news,
both Pay TV and Free-to-View TV, spoken-word and music radio, education and
publishing, it's one of the world's most profitable media groups with an
extraordinarily wide range of assets.

Forward-Looking Statements:

This document may include "forward looking statements" within the meaning
of the "safe harbor" provisions of the United States Private Securities
Litigation Reform Act of 1995. Forward-looking statements may be identified
by the use of words such as "anticipate", "believe", "expect", "estimate",
"plan", "outlook", and "project" and other similar expressions that predict
or indicate future events or trends or that are not statements of historical
matters. Investors are cautioned that such forward looking statements with
respect to revenues, earnings, performance, strategies, prospects and other
aspects of the businesses of Prisa, Liberty and the combined group after
completion of the proposed business combination are based on current
expectations that are subject to risks and uncertainties. A number of factors
could cause actual results or outcomes to differ materially from those
indicated by such forward looking statements. These factors include, but are
not limited to: (1) the occurrence of any event, change or other
circumstances that could give rise to the termination of the Amended and
Restated Business Combination Agreement between Prisa and Liberty (the
"Amended and Restated Business Combination Agreement"); (2) the outcome of
any legal proceedings that may be instituted against Prisa and others
following announcement of the Amended and Restated Business Combination
Agreement and transactions contemplated therein; (3) the inability to
complete the transactions contemplated by the Amended and Restated Business
Combination Agreement due to the failure to obtain Prisa shareholder
approval; (4) delays in obtaining, adverse conditions contained in, or the
inability to obtain necessary regulatory approvals required to complete the
transactions contemplated by the Amended and Restated Business Combination
Agreement; (5) the risks that Prisa's planned asset dispositions and/or
restructuring of its credit facilities will fail to be completed or fail to
be completed on the terms currently anticipated or that Prisa will not
receive the necessary consents under its Refinancing Master Agreement to the
terms of the business combination; ; (6) the risk that other conditions to
closing may not be satisfied; (7) the risk that securities markets will react
negatively to the business combination or other actions by Prisa and the
holders of Liberty common stock will not find this to be more attractive than
the former terms of the business combination or have a different view of the
value and long-term prospects of Prisa; (8) the risk that the proposed
transaction disrupts current plans and operations as a result of the
announcement and consummation of the transactions described herein; (9) the
ability to recognize the anticipated benefits of the combination of Prisa and
Liberty and of Prisa to take advantage of strategic opportunities; (10) costs
related to the proposed business combination; (11) the limited liquidity and
trading of Liberty's securities; (12) changes in applicable laws or
regulations; (13) the possibility that Prisa may be adversely affected by
other economic, business, and/or competitive factors; and (14) other risks
and uncertainties indicated from time to time in Prisa's or Liberty's filings
with the SEC.

Readers are referred to Liberty's most recent reports filed with the SEC.
Readers are cautioned not to place undue reliance upon any forward-looking
statements, which speak only as of the date made, and we undertake no
obligation to update or revise the forward-looking statements, whether as a
result of new information, future events or otherwise.

In the U.S., David Press, +1-212-850-5743, david.press at fd.com; or In Europe:, Alejandra Moore Mayorga, +34-91-531-23-88, amoore at grupoalbion.net