Corporate Action

Internet Music & Media PLC
13 July 2001

ENTITLEMENT ISSUE
SECURITY TITLE
*Ord Shs
MNEMONIC CODE           *IMM
SEDOL CODE              *852-836
TERMS                   *13 Offer shares for every 10 Existing Ordinary shares
                         held at 12p
EX DATE                 *13-07-01
RECORD DATE             *03-07-01
SPLITTING APPLICATION FORMS *02-08-01
RECEIPT OF APPLICATION FORMS *06-08-01  3:00pm
DEALING COMMENCE NEW SHARES *13-08-01
NOTES *