Amendment to Treasury Stock

Amendment to Treasury Stock

Media Corporation PLC

Media Corporation Plc

("Media Corp" or the "Company")

Amendment to Treasury Stock

On 28 January 2010, the Company announced the sale of 29,102,728 treasury shares of which 15,102,728 were placed with an existing major shareholder in the Company. Despite having signed a subscription letter for settlement on 11 February 2010, the purchaser has requested an extension on settlement and has confirmed to the Company that the funds will be received between now and not later than 18 June 2010. It remains the Company’s intention to sell the remaining treasury shares to this shareholder on the terms as originally agreed but, until such time as payment is received in full, the Company remains the beneficial holder of 15,102,728 treasury shares.

As a result, the share capital of the Company is 281,083,661 ordinary shares of 1 penny each and not 296,186,389 ordinary shares as reported on 28 January 2010. There are 15,102,728 shares in treasury. The figure of 281,083,661 may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.

Media Corporation Plc	Â	Tel: [phone]
Justin Drummond, CEO		Â
Nilesh Jagatia, Finance Director		Â
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Astaire Securities Plc		Tel: + 44 20 7448 4400
Luke Cairns / Shane Gallwey (Nominated Adviser)		Â
Katie Shelton (Broking)		Â
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Bishopsgate Communications		Tel: + 44 20 7562 3350
Robyn Samuelson / Gemma O'Hara		Â
[e-mail]		Â
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Threadneedle Communications		Tel: [phone]
Graham Herring / Josh Royston		Â