Holding in Company

MediaZest plc
29 August 2006

                         MediaZest Plc (the 'Company')
                               Holding in Company


Pursuant to section 198 of the Companies Act 1985 the Company received the
following notifications:-

First notification

On 22 August 2006 Touch (GOE) Plc Directors Pension Scheme ('PS'), an entity of
which Mr Vincent Isaacs is both a trustee and a member, purchased 1,050,000
ordinary shares in the Company representing approximately 4.6% of the Company's
issued share capital.

PS then subsequently sold 460,000 ordinary shares in the Company. Following
these transactions, at the close of business on 22 August 2006, PS holds
1,250,000 ordinary shares in the Company, representing approximately 5.5% of the
Company's issued share capital.

Mr Isaacs is also Executive Chairman of  Touch Group Plc. Touch Group Plc hold a
further 4,411,764 ordinary shares in the Company, representing approximately
19.3% of the Company's issued share capital.


Second notification

On 22 August 2006 Antony Moore disposed of 1,050,000 ordinary shares in the
Company and following the disposal Mr Moore no longer has a notifiable interest
in the Company.


End


Contact
Liam Murray, Nominated Adviser
City Financial Associates Limited
Tel [phone]



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