Result of EGM, etc.

Scottish Media Group PLC
5 May 2000


SCOTTISH MEDIA - New Holding Company
Result of Shareholder and CULS Holder Court Meetings

Scottish Media Group plc announces that, at the Court meetings of shareholders
and CULS holders held earlier today and at the subsequent extraordinary
general meeting of ordinary shareholders of Scottish Media Group which was
also held earlier today, the resolutions necessary to approve and implement
the proposed creation of a new holding company for the Scottish Media group by
way of a scheme of arrangement (the 'Scheme') were duly passed.

The result of the poll on the resolution to approve the Scheme held at the
Court meeting of shareholders was as follows:
 
For                                    Against

31,695,278                             17,625
(99.95% of the shares voted)           (0.05% of the shares voted)

The votes 'for' in relation to this resolution were cast by 1,264 shareholders
representing 97.90% in number of those voting.

The result of the poll on the resolution to approve the Scheme held at the
Court meeting of CULS holders was as follows:
 
For:                                    Against:

£2,750,312 CULS                         £43,990 CULS
(98.41% of the CULS voted)              (1.59% of the CULS voted)


The votes 'for' in relation to this resolution were cast by 97 CULS holders
representing 97.98% in number of those voting.

The Court hearing of the petition to sanction the Scheme is expected to take
place on 21 June 2000 at the Court of Session in Edinburgh. It is expected
that the Scheme will become effective, and that dealings on the London Stock
Exchange in the shares of the new holding company will commence, on 22 June
2000.

Enquiries:

Callum Spreng, Director of Corporate Affairs             0141-300-3605