AGM Statement

Adamind Ltd 07 September 2006 7 September 2006 Adamind Ltd ("Adamind or the Company") AGM Statement Adamind Ltd, a leading global supplier of media handling software in the mobile messaging, content and convergence services markets, announces that at today's annual general meeting, Shailendra Jain, chief executive, will make the following statement: "As announced in our trading updates in June and August, the current year has been very challenging. Despite Adamind's leading edge solutions and large customer base, revenue growth has stalled in the short term due to a market slowdown. Consequently, 2006 full year revenues will be at a similar level or slightly above last year's result. Nevertheless, we believe that demand for MMS and mobile content consumption will continue to expand over the long term and the market opportunity facing Adamind remains large. Media adaptation plays, and will continue to play, a critical role in enabling MMS and other content services to be experienced by end-users across any network, device or delivery platform - be it MMS, email, mobile television or content streaming. Given Adamind's long term growth prospects, balance sheet and quality multimedia technology products and solutions, the Board continues to look to the future with optimism. Our pipeline of deals remains encouraging, which gives us confidence that Adamind will return to revenue growth from next year." Enquiries Adamind Shailendra Jain, CEO +1 650 646 2368 Corfin Communications Neil Thapar, Harry Chathli +44 20 7929 8989 About Adamind Adamind (LSE: ADA) is a provider of software that enables mobile multimedia content and converged communications services. The company addresses the interoperability challenge that exists between different mobile devices to receive and process media rich content. The Adamind Spire(TM)platform provides media adaptation and enhancement software enabling service operators to successfully deploy messaging, content and next generation convergence services; generate new revenue streams; and drive key new value-added-services (VAS) enablers such as advertising, branding, DRM and anti-abuse support. With over 110 deployments in some of the world's major mobile operator networks and content providers such as Universal Mobile Music, Adamind is strategically poised to enable the promise of the Mobile Lifestyle revolution. Adamind has strategic relationships with major infrastructure vendors and system integrators including Ericsson, HP, IBM, Accenture, LogicaCMG, Motorola, Openwave, Critical Path and CBOSS. www.adamind.com This information is provided by RNS The company news service from the London Stock Exchange

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