Trading Update

19 May 2014

                                  mirada plc                                   

                          ("mirada" or "the Company")                          

                                Trading Update                                 

mirada plc, the AIM-quoted audio-visual interaction specialist (AIM: MIRA), is
pleased to provide a trading update for the year ended 31 March 2014. Revenues
for the second half were in line with those for the first half, slightly less
than expectations due to the continued investment on the Latin American trial,
but margins were stronger than anticipated and the Company expects to improve
the EBITDA and net results for the year as a whole. In the current financial
year to 31 March 2015, trading will benefit from the new contract announced
today.

The beginning of the current calendar year has been positive as the Tier 1
contract win, announced earlier today, highlights the strength of our products
and our ability to service increasingly large contracts. This will be very
useful when negotiating with other potential customers, especially in Latin
America, where our iris-inspire proposition is already gaining strong momentum.

Commenting, Jose Luis Vazquez, Chief Executive Officer, said:

"This is an exciting period for the Company. Rates of new subscribers gained
are growing and we have seen a good momentum related to the upcoming World Cup
in Brazil.

"Team morale is high as winning the Tier 1 deal opens a wide range of
opportunities for the Company and we are focused on winning further similar
sized contracts in time. We are very grateful for the continued support from
our employees, shareholders, partners and customers."

                                     -END-                                     

Enquiries:

mirada plc                                               [phone]  
Jose Luis Vazquez, Chief Executive Officer                                     
                                                                               
Walbrook PR                                              [phone]  
Nick Rome/Sam Allen                                                            
[e-mail]                                                          
                                                                               
Cantor Fitzgerald Europe (Nominated Advisor & Broker)    [phone]  
Mark Percy (Corporate Finance)                                                 
David Banks (Corporate Broking)                                                
                                                                               
Peterhouse Corporate Finance (Joint Broker)              [phone]  
Jon Levinson/Lucy Williams                                                     


About mirada

mirada creates and manages services for digital TV platforms and broadcasters
which enable consumers to interact with and purchase digital content on
television, mobile, online and bespoke devices. mirada's products and solutions
are used worldwide to deliver interactive TV, Video on Demand, digital
marketing and payment services. Its products and services have been deployed by
some of the biggest names in digital media and broadcasting including Sky,
Virgin Media, BBC, ITV, France Telecom and Telefónica. Headquartered in London,
mirada has commercial offices across Europe and Latin America and operates
technical centres in the UK and Spain. For more information, visit
www.mirada.tv.