Capital Reduction

TV Commerce Holdings PLC
24 January 2008


                         TV Commerce Holdings Plc

                    ('TV Commerce' or 'the Company')
24 January 2008
                            Capital Reduction

Further to the Special Resolution approved at the Company's Annual General 
Meeting on 10 August 2007 reducing the share capital of the Company from 
£1,250,000 divided into 125,000,000 Ordinary Shares of 0.1p each and 
1,125,000,000 Deferred Shares of 0.1p each to £125,000 divided into 125,000,000 
Ordinary Shares of 0.1p each and the cancellation of the share premium account 
of the Company, the Company is pleased to announce that the Capital Reduction 
has now been approved by the High Court.

For further enquiries

Vince Stanzione                               01908 330747
TV Commerce Holdings PLC

John Depasquale                              020 7107 8000
Seymour Pierce




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