Issue of Equity

Yoomedia PLC
26 August 2003


YooMedia Plc (the 'Company')

Placing


The Company is pleased to announce that it has raised £500,000 before expenses by way of a placing, through the 
Company's broker, Durlacher Limited, of 6,250,000 new ordinary shares of 1p each at 8p per share with funds managed by 
Artemis Investment Management Limited ('Artemis').  Following the placing, Artemis will have a beneficial holding of 
6,250,000 ordinary shares representing 7.53 per cent. of the Company's enlarged issued share capital.  The proceeds of 
the placing will be used to provide additional working capital for the Company.

Commenting on the placing, Andrew Fearon, Chief Operating Officer of the Company said, 'We are very pleased that Artemis
have decided to invest in this business.  It is a great validation of this Company's business and strategy and it is 
particularly pleasing that the placing is with funds managed by such a well-recognised and respected investment 
management company as Artemis. '

Application has been made for the new ordinary shares, which will rank pari passu with existing ordinary shares, to be 
admitted to trading on the AIM Market of the London Stock Exchange. Admission will become effective and dealings are 
expected to commence at 8.00am on Thursday 28 August 2003.


For further information please contact:

Andrew Fearon
Yoomedia plc                                           020 7462 0870

David Rae
Durlacher Limited                                      020 7459 3600




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