Statement re. Share Price Movement

Media Corporation PLC
                  

Statement in relation to the share price movement

Media Corporation plc (the 'Group' or 'Media Corp') has noted a fall in its
share price over the past few days.

The Board knows of no reason for the mark down in the share price.

In a recent trading update the Board re-iterated the Group's strong financial
position and also the prospects presented by the online advertising sector in
which the Group operates its business.

Justin Drummond, CEO of Media Corp commented:

'With the Group's significant cash resources of £6.3 million at the financial
year end combined with the unprecedented growth opportunities presented by the
online advertising sector, the Group is very well positioned to generate
accelerated revenue and profit growth in the coming years'

For further information please contact:

Media Corporation plc
Justin Drummond, Chief Executive
Nilesh Jagatia, Group Finance Director
[phone]

Buchanan Communications
Charles Ryland/Suzanne Brocks/Susanna Gale
[phone]

Canaccord Adams Limited
Clayton Bush, Vice President
[phone]

Notes to editors:

Listed on the AIM market of the London Stock Exchange, Media Corp is a leading
internet media and advertising group focused on website publishing and online
advertising.

The Group has two principal divisions:

Website Publishing - Media Corp has a diverse publishing division specialising
in online media. Our impressive portfolio of websites includes a number of

market leading sites including www.gambling.com, www.onthebox.com
www.sport.co.uk, www.creditcardexpert.co.uk and www.flightcomparison.co.uk.

Online Advertising - Formed in 1996, Eyeconomy specialises in mass reach
campaigns to over 30 Million unique consumers per month via its own proprietary
ad-serving and tracking technology for clients including AOL, Dell and American
Express.

www.eyeconomy.co.uk

www.mediacorpplc.com