Commencement of Dealing

Bango PLC
30 June 2005




30 JUNE 2005

                                   BANGO PLC
                           ('Bango' or 'the Company')

                       COMMENCEMENT OF DEALINGS IN SHARES

Bango provides unique technology and services enabling businesses to make money
from the sale of content and services to customers accessing the internet
through their mobile phones.

Bango is pleased to announce that dealings have today commenced in its shares
following its admission to AIM, under the ticker BGO.

Bango has raised £7.0 million (prior to expenses) through a placing of 5,223,881
new ordinary shares. An additional 3,009,220 existing ordinary shares were also
placed on behalf of certain early stage investors in Bango. Both the new and
existing ordinary shares were placed at a price of 134p per share by Panmure
Gordon & Co and represent 31.5% of Bango's issued share capital. Following the
placing, the number of shares in issue is 26,158,381 ordinary shares, giving
Bango a market capitalisation of £35.05 million.

The proceeds of the Placing will be used principally to fund the expansion of
the Group into selected overseas territories and extend the network of
partnerships with developers of mobile sites and billing providers. In addition,
the funds will be used to expand the customer support team in line with the
growing customer base, continue the development of the Group's patented
technology platform and provide working capital.

Further to the information disclosed in Section VI Part 5 of the Admission
Document published on 23 June, Bango wishes to confirm that Peter Saxton, Chief
Financial Officer and a director of the Company, has purchased 74,626 shares at
the placing price. Accordingly, Peter Saxton is interested in 0.3% of the
Company's issued share capital immediately following Admission.

Ray Anderson, Chief Executive of Bango, commented:

'The high level of interest shown by investors is testament to the power and
value of our scaleable technology platform. It benefits content providers,
network operators and mobile phone users alike. Our plan is now to apply the new
funds and increased profile towards expanding our reach into new territories and
markets. We look forward to life as a public company with confidence.'

For further information, please contact:

Bango plc                      ICIS Limited - Financial PR       Panmure Gordon (Broking) Limited
Tel. [phone]        Tel. [phone]          Tel. [phone]
Ray Anderson, CEO              Tom Moriarty                      Grant Harrison
Peter Saxton, CFO              Archie Berens                     Aubrey Powell
                                                                 Marcus Jackson
                                                                 Stuart Gledhill

More information about Bango plc and its services can be found on-line at the
Company's corporate website, http://bango.com/

High resolution images of Bango's directors are available for the media to view
and download free of charge from www.vismedia.co.uk




                      This information is provided by RNS
            The company news service from the London Stock Exchange