June 18 (Reuters) - GTN Ltd GTN.AX :
* CESSATION OF RADIO NETWORK AFFILIATION AGREEMENTS WITH NINE RADIO
* AGREEMENTS TO PROVIDE TRAFFIC REPORTING SERVICES & RECEIVE ADVERTISING SPOTS TERMINATED EFFECTIVE 10 JULY
* EXPECTS TO REALIZE ANNUAL SAVINGS IN EXCESS ON $6 MILLION PER YEAR AFTER TERMINATION OF RADIO AGREEMENTS
* CONTINUES TO MAINTAIN AFFILIATION AGREEMENT WITH NINE NETWORK TELEVISION IN SYDNEY, MELBOURNE, BRISBANE, PERTH & ADELAIDE MARKETS