Trading Update- Correction

Deal Group Media PLC
31 August 2007



Press Release                                            31 August 2007



This announcement replaces RNS announcement number 8705C released 28 August.


The number of Placing Shares in paragraph 6 has been amended to the correct
number of 34,000,000.



                              Deal Group Media plc

                             ('DGM' or 'the Group')


                           Trading update and Placing


Deal Group Media plc (AIM: DGM), an independent online marketing group, today
releases a trading update ahead of its Interims Results which are expected to be
announced in September 2007.

Overseas trading in the current year has been encouraging, while the investment
made in the Asia Pacific business has started as planned. The Group is already
seeing exciting opportunities for the provision of complete digital solutions to
clients in Asia Pacific from its recently launched regional base in Singapore.

Trading in the UK has been profitable, however below DGM's potential. Whilst the
Group is expecting to report a full year loss for the year ending 31 December
2007, it expects that this will be reduced from the loss reported in 2006. We
are confident that the Group will return to profitability in 2008.

DGM is also pleased to announce that it has raised £850,000 via a placing of
34,000,000 new Ordinary Shares at 2.5 pence per share. The proceeds of the
Placing will be used to provide working capital and enable the Group to execute
the continued expansion strategy in the Group's Asia Pacific operations.

Adrian Moss, CEO of DGM, said: 'We are delighted with the support demonstrated
by new and existing shareholders and we are excited about building on the new
strategy outlined In the Preliminary Results in April 2007.'

Application has been made to the London Stock Exchange for the new Ordinary
Shares to be issued pursuant to the Placing to be admitted to trading on AIM
('Admission'). It is expected that Admission will become effective and that
dealings will commence at 8.00 a.m. on Monday, 3 September 2007 in respect of
the 34,000,000 Placing shares.

The new Ordinary Shares to be issued pursuant to the Placing will, when issued
and fully paid, rank pari passu in all respects with the existing Ordinary
Shares of DGM and will be issued subject to the memorandum and articles of
association of DGM.


                                     -Ends-


For further information, please contact:
Deal Group Media plc
Adrian Moss, CEO                               Tel:[phone]

Evolution Securities Limited
Tom Price, Corporate Finance                   Tel: [phone]
Chris Clarke, Corporate Finance
                                               www.uk.evosecurities.com

Abchurch Communications
Ariane Comstive/Franziska Boehnke              Tel: [phone]
[e-mail]             www.abchurch-group.com
[e-mail]


Notes to Editors

Deal Group Media plc is an independent online media-marketing and technology
group, which provides a range of stand alone and multi-channel marketing
solutions including: affiliate marketing, search marketing, email marketing, and
online display advertising. The Group works alongside advertisers and online
partners to help them achieve their e-business objectives specifically return on
investment (ROI). Deal Group Media's delivery is powered by sophisticated
technology which includes the Group's proprietary software, dgmPro.

Deal Group Media currently employs over 100 staff worldwide in offices in the
UK, South Africa, Australia, New Zealand, Singapore and India. The Group
operates across the spectrum of vertical sectors and its clients includes Avis,
Dell, Demon, nPower, Pipex, Sainsbury's Bank, Sky, Virgin, Vodafone, and The
World Wildlife Fund.

More information is available at www.dealgroupmediaplc.com




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