Aug 21 (Reuters) - SRHI Inc SRHI.TO :
* SRHI INC. PROVIDES UPDATE ON MTV'S CREDITOR PROTECTION PROCESS IN CHILE
* SRHI - OVER PAST 3 MONTHS, MTV, CO CONDUCTED CONSTRUCTIVE NEGOTIATIONS WITH MTV'S SENIOR LENDERS VECCHIOLA S.A.
* SRHI INC - CO, LENDERS AND VECCHIOLA NEGOTIATED A FRAMEWORK TO SUPPORT MTV'S FUTURE OPERATIONS
* SRHI - EXPECTS JUDICIAL REORGANIZATION AGREEMENT IMPLEMENTING PROPOSED REORGANIZATION WILL BE VOTED ON BY MTV'S CREDITORS IN LATE AUG. OR EARLY SEPT.