Trading Statement

Mobile Streams plc
16 July 2007

                               Mobile Streams Plc

                               Trading Statement

Mobile Streams Plc ('Mobile Streams' or 'the Company') provides an update to
shareholders ahead of the release of its half year 2007 results on 18th
September 2007.

The Company's Platforms business has seen content owners continue to explore
mobile media.  During the period Mobile Streams has been selected as a mobile
technology partner by major movie studios, music labels and TV production
companies, along with Zoombak, Liberty Media's mobile services subsidiary
(formerly Connectid).  Recent platform customer wins include Warner Music Group
in Latin America and Twentieth Century Fox International across the globe.

Revenues in Europe have migrated from higher margin operator activities to lower
margin consumer business.  This validated the Company's decision to invest in
its Consumer business to develop the required new management expertise and
functionality on the Ringtones.com mobile website as recently announced at
www.mobilestreams.com. As a result of these investments, Mobile Streams was for
example recently selected by Private Media Group as its exclusive global
provider of its off-portal mobile services.

The 6 month period ended 30 June 2007 saw revenue growth of around 25% compared
with the same period of 2006.  EBITDA* showed an improvement compared with the
prior year EBITDA* loss of £0.3m. Cash balances as at 30 June 2007 were £2.5m,
down from more than £4m at the start of the year.  The reduction is due
primarily to the investments made in the Company's technology platform and the
development of the consumer business.

Whilst the mobile content market remains very challenging and it remains
difficult to accurately forecast the impact of the rapid change in the industry,
Mobile Streams believes that it has the resources and expertise needed to adapt.
The Board remains of the view that  full year expectations are achievable but
not without their challenges.

*Calculated as profit before tax, amortisation of goodwill, depreciation, share
compensation expense and fund raising and floatation costs

Enquires:

Mobile Streams                                                020 7395 2000
Simon Buckingham, Chief Executive Officer
James Colquhoun, Chief Financial Officer

Bridgewell Limited                                            020 7003 3000
John Craven
Simon Bridges

About Mobile Streams

Mobile Streams is a leading global provider of music, comedy and entertainment
content to mobile phones. The company's distribution platform, 'Vuesia,' is used
by some of the world's largest media groups and mobile phone networks including
Vodafone and 3 in the UK, America Movil, Movistar and TIM in Latin America, Fido
and Rogers in Canada and Dobson in the US.

'Vuesia' is Mobile Streams' full service enterprise mobile media management
solution. 'Vuesia' facilitates content ingestion, management, delivery, billing
and reporting.

Mobile Streams has subsidiaries in Germany, the US, Argentina, Brazil, Mexico,
Chile, Colombia, Sydney and Singapore and has approximately 100 employees.

For more information please go to www.mobilestreams.com


                      This information is provided by RNS
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