Trading Update and Board Appointment

17 August 2011

                                 MediaZest Plc                                 

                          Trading and business update                          

                       Appointment of new Sales Director                       

MediaZest Plc ("MediaZest" or "the Group"; AIM: MDZ), the creative digital
out-of-home advertising company and audio-visual integrator, provides the
following trading update.

Group trading results were below previous expectations for the year ending 31
March 2011 as a consequence of the sales performance in the second half of the
year, prior to the fundraising at the end of the 4th quarter of that financial
year. However, Group revenues have improved since the start of the new
financial year in April 2011 with turnover of £800,000 for the quarter ended
June 30 2011. This improvement in turnover is expected to carry through into
the quarter ending 30 September 2011 The Board is pleased to announce £200,000
worth of new and additional work with a long standing customer in the form of a
roll out of bespoke audio technology into over 100 retail stores. In addition,
the Group has secured a contract worth over £120,000 with a new client, the
West Bromwich Building Society. Furthermore, the Group continues to work with a
number of high profile clients including O2, Barclays Bank, Kuoni and Fiat as
well as gaining business from new clients British Gas, FiloFax and Astra
Zeneca.

Further to the announcement made by MediaZest on 2 March 2011 relating to a
proposed conversion of £90,000 debt to equity at 0.55pence per new ordinary
share, the Board plan to seek the necessary authorities in combination with the
Annual General Meeting, to be held in September 2011.

The Group announced on 2 March 2011 that it intended to finance growth of its
operations from the proceeds of its capital raising and is, therefore, pleased
to announce the appointment of James Abdool as an executive Director of
MediaZest and as Sales Director with immediate effect. Prior to his
appointment, James has been working with the Group as a consultant for the last
few months.

James has been actively involved in Sales and Marketing for a number of media
related companies since 1994. He most recently worked with PlayNetwork Inc.
where he was instrumental in setting up their international operations
throughout Europe, the Middle East and Africa (EMEA). Prior to this, he worked
at EnQii, the global digital signage and display network company, heading up
its EMEA operations and Imagesound Plc as Retail Sales Director. Prior to his
involvement in these companies, he developed and subsequently completed the
sale of his family's digital out of home audio business.

Commenting on James' appointment, Geoff Robertson, MediaZest's CEO, said "James
is an experienced company director and his appointment will broaden the range
of skills and expertise available to the Board. Furthermore, the Board views
his appointment as an important step in achieving its strategy of improving
both the quality of the Group's revenues and volume of sales".

Further Information

James Christopher Abdool, aged 40, is beneficially interested in 1,818,182
ordinary shares in the Group, representing 0.73 per cent. of the Company's
issued ordinary share capital. James Abdool has held the following
directorships or partnerships within the last five years.

Current                             Past                                       
                                                                               
MediaZest plc                       Playnetwork Ltd                            
                                                                               
Copthorne School Trust Ltd          TSC Music Systems Limited                  
                                                                               
Copthorne School Services Ltd                                                  
                                                                               
The Evelina Family Trust                                                       
                                                                               

There are no further disclosures to be made in accordance with schedule 2 (g)
of the AIM Rules.

Notes to Editors:

About MediaZest

MediaZest is a creative media agency that specialises in providing innovative
out-of-home marketing solutions to leading brand owners and media agencies. The
group supplies an integrated service from content creation and system design to
installation, technical support and maintenance. MediaZest has its headquarters
in London, whilst Touch Vision, its design and engineering division, is based
in Farnham in Surrey. Its customer base includes Adidas, Boots, Chivas, Diesel,
L'Oreal, Motorola, Nintendo, Nokia, O2, Shell and Vodafone. MediaZest was
admitted to London's AIM market in February 2005. For more information, please
visit www.mediazest.com.

Enquiries:

Geoff Robertson,                        020 7724 5680                          
                                                                               
Chief Executive Officer                                                        
                                                                               
MediaZest Plc                                                                  
                                                                               
Gavin Burnell / Rod Venables            020 7796 8800                          
                                                                               
Nominated Adviser                                                              
                                                                               
Northland Capital Partners Limited                                             
                                                                               
Claire Noyce, Broker                    020 7947 4350                          
                                                                               
Hybridan LLP