Proposed Placing

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, JAPAN, CANADA, AUSTRALIA, THE
REPUBLIC OF SOUTH AFRICA OR THE REPUBLIC OF IRELAND OR ANY OTHER JURISDICTION
WHERE TO DO SO WOULD CONSTITUTE A BREACH OF THE RELEVANT SECURITIES LAWS OF
SUCH JURISDICTION.

17 December 2014

                                 MediaZest Plc                                 

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

                           Proposed £438,000 Placing                           

MediaZest, the creative digital out-of-home media and innovative marketing
solutions company, is pleased to announce that it has conditionally raised £
438,000 (before expenses) through a placing of 125,142,900 new Ordinary Shares
with existing and new institutional investors arranged by Hybridan LLP at a
price of 0.35p per Ordinary Share. The Placing Price represents an approximate
5 per cent. discount to the closing mid-market price of 0.37p per Ordinary
Share on 16 December 2014 (being the Business Day before the announcement of
the proposed Placing).

The Placing Shares will represent approximately 12 per cent. of the Enlarged
Share Capital.

Interim results

The Company will release its interim results for the period ended 30 September
2014 by the end of the year. Turnover and loss after taxation are expected to
be similar to the prior comparable period.

Conditionality and Admission to AIM

The Placing is conditional, inter alia, on the Company obtaining approval from
Shareholders to grant the Directors the authority to allot the Placing Shares
and to dis-apply pre-emption rights, and on admission of the Placing Shares to
trading on AIM.

A circular convening a General Meeting to be held at 11.00 a.m. on 8 January
2015 will be sent to Shareholders on or before 22nd December. Application will
be made to the London Stock Exchange for the Placing Shares to be admitted to
trading on AIM ("Admission"). It is expected that Admission will become
effective at 8.00 a.m. on 9 January 2015.

Lance O'Neill, MediaZest Chairman, commented:

"The Company is very pleased at the support it has received from both new and
existing shareholders which is testament to the progress that MediaZest has
made. The recent launch of our own Retail Analytics product has been very well
received, with the first client location already deployed. The funds raised
from the Placing will enable us to further develop this product, and pursue
other opportunities to roll it out with major retailers and also enable us to
build upon recent new business gains. The Retail Analytics product and our
strategy of focussing on high profile clients is already enabling us to
supplement existing recurring revenues."

Enquiries:

Geoff Robertson                           020 7724 5680                    
Chief Executive Officer                                                    
MediaZest Plc                                                              
                                                                           
Gavin Burnell / Edward Hutton             020 7382 1100                    
Nominated Adviser                                                          
Northland Capital Partners Limited                                         
                                                                           
Claire Noyce                              020 3713 4581                    
/ William Lynne                           020 3713 4582                    
Niall Pearson                             020 3713 4583                    
Broker                                                                     
Hybridan LLP                                                               

Notes to Editors:

MediaZest is a creative media agency and audio visual systems integrator that
specialises in providing innovative 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