Transaction in Own Shares

Transaction in Own Shares

Media Corporation PLC

Media Corporation plc ('the Company')

13th November 2008

Media Corp (AIM:MDC), a leading internet media and advertising Group, announces that on 12th November 2008 the Group purchased 1,912,728 ordinary shares of 1p each in the capital of the Group at a price of 2.44 pence per share. Media Corp intends to hold the purchased shares in treasury.

The purchase equates to approximately 0.723% of the Group's current total issued share capital.

Following this transaction, Media Corp has 262,824,570 ordinary shares in issue and 29,102,728 ordinary shares in treasury.

The total number of voting rights in, and the figure to be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or changes to their interest in, Media Corp under the FSA's Disclosure and Transparency Rules is 262,824,570.

For further information please contact:

Media Corporation plc
Justin Drummond, Chief ExecutiveJustin Drummond, Chief Executive
Nilesh Jagatia, Group Finance Director + 44 020 7618 9000Nilesh Jagatia, Group Finance Director + 44 020 7618 9000
www.mediacorpplc.com

Daniel Stewart & Company plc
Simon Leathers Tel: + 44 0 20 7776 6550Simon Leathers Tel: + 44 0 20 7776 6550
www.danielstewart.co.uk

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:

Advertising Network - Formed in 1996, Eyeconomy specialises in mass reach campaigns to over 32 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

Website Publishing - Media Corp has a diverse publishing division specializing 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 .

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