Director/PDMR Shareholding

MediaZest Plc                                 

               ("MediaZest", the "Company" or "Group"; AIM: MDZ)               

                          Director/PDMR shareholding                           

MediaZest, the creative digital out-of-home advertising company, announced
earlier today that it was proposing to raise up to £358,000 before expenses
through a conditional placing of up to 143,200,000 new ordinary shares (the
"Placing Shares") with institutional and other investors at a price of 0.25p
per Placing Share ("the Placing Price") (the "Placing") and that it had
received irrevocable commitments from new and existing shareholders to
subscribe for 136,800,000 Placing Shares and expressions of interest to
subscribe on the same terms from Lance O'Neill, the Company's Chairman, in
respect of a further 2,000,000 Placing Shares and from two directors of the
Company's subsidiary company in respect of an aggregate of a further 4,400,000
Placing Shares.

The Company is now pleased to announce that Messrs O'Neill, Ofield and Findjan
have conditionally subscribed in the Placing for an aggregate of 6,400,000
Placing Shares, as set out below, at the Placing Price.

In aggregate, the Company has therefore conditionally raised £358,000 before
expenses through a conditional placing of 143,200,000 Placing Shares at a price
of 0.25p per Placing Share.

The 143,200,000 new ordinary shares to be issued pursuant to the Placing will
be credited as fully paid and will rank pari passu in all respects with the
existing ordinary shares, including the right to receive all dividends and
other distributions declared on or after the date on which they are issued.

Application will be made for admission of the 143,200,000 new ordinary shares
to trading on AIM ("Admission") and, subject to the requisite shareholder
approval for the Placing being obtained at the General Meeting to be held on 5
July 2013, it is expected that Admission will be effective on or around 8.00 am
on 8 July 2013.

Director's and subsidiary company directors' participation in the Placing

Lance O'Neill, the Company's Chairman, and Jim Ofield and Nick Findjan (both
directors of the Company's subsidiary company) are participating in the Placing
at the Placing Price:

                     Number of       Amount      Number of        Percentage of    
                Placing Shares   subscribed  shares held on     enlarged issued   
                                                 Admission     share capital on  
                                          £                           Admission      
                                                                               
Lance O'Neill        2,000,000        5,000    24,643,177*                 3.97
                                                                               
Jim Ofield           2,400,000        6,000      6,900,000                 1.11
                                                                               
Nick Findjan         2,000,000        5,000      2,000,000                 0.32

* includes the interest of Hilary O'Neill, the wife of Lance O'Neill.

Related party transaction

The participation in the Placing by Lance O'Neill is deemed to be a related
party transaction under the AIM Rules. The Directors of the Company, other than
Lance O'Neill, consider, having consulted with Northland Capital Partners
Limited, the Company's Nominated Adviser, that the terms of the participation
in the Placing by Lance O'Neill are fair and reasonable so far as the
shareholders of the Company are concerned.

Total voting rights

Following Admission, the Company's total issued share capital will comprise of
619,992,227 ordinary shares. The Company does not hold any ordinary shares in
treasury. Therefore the total number of shares with voting rights in the
Company will be 619,992,227. This figure may be used by shareholders in the
Company as the denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their interest
in, the share capital of the Company following Admission.

Enquiries:

Geoff Robertson
Chief Executive Officer
MediaZest Plc 020 7724 5680

Gavin Burnell / Edward Hutton
Nominated Adviser
Northland Capital Partners Limited 020 7796 8800

Claire Noyce / William Lynne
Broker
Hybridan LLP 020 7947 4350



Notes to Editors:

About MediaZest

MediaZest is a creative media agency that specialises in providing innovative
out-of-home marketing solutions to leading retailers, brand owners and
corporations, but also works in the public sector in both the NHS and Education
markets. The Group supplies an integrated service from content creation and
system design to installation, technical support and maintenance. MediaZest was
admitted to the London Stock Exchange's AIM market in February 2005. For more
information, please visit www.mediazest.com