Result of General Meeting and Admission of New ...

Result of General Meeting and Admission of New Ordinary Shares to trading on AIM

Media Corporation PLC

Media Corporation Plc ("Media Corp" or the "Group")

Result of General Meeting and Admission of New Ordinary Shares to trading on AIM

Media Corporation Plc, the AIM quoted advertising network and online gaming group, announces that, at a General Meeting of the Company held today, all resolutions were duly passed, and in particular, a capital reorganisation (’Capital Reorganisation’) of the Company’s ordinary share capital had been approved.

As a result of the Capital Reorganisation, each existing ordinary share of 1p has been subdivided into 1 new ordinary share of 0.1p each (“New Ordinary Share”) and 9 new deferred shares of 0.1p each (“New Deferred Shares”). In addition, each of the existing deferred shares has been subdivided into 40 New Deferred Shares.

Application has been made for 509,235,879 New Ordinary Shares to be admitted to trading on AIM (“Admission”) and it is expected that Admission will occur on 6 July 2012.

Following Admission, the Company’s total issued share capital will comprise of 509,235,879 Ordinary Shares of 0.1p each. This figure may be used by shareholders in the Company as the denominator for calculating whether they are required to notify their interest in, or a change to their interest in, the issued ordinary share capital of the Company following Admission.

Contacts:

Media Corporation Plc	Â	Â	Â	Tel: [phone]
Phil Jackson – Chairman
Adam Fraser-Harris – Interim CEO
Northland Capital Partners Limited				Tel: + 44 20 7796 8800
Luke Cairns / Rod Venables (Nominated Adviser)
Katie Shelton (Joint Broker)
XCAP Securities				Tel: + 44 207 101 7070
Jon Bellis / Karen Kelly (Joint Broker)
Bishopsgate Communications				Tel: + 44 20 7562 3350