Acquisition

Ten Alps Communications PLC
25 May 2004


For Release                         07.00am                         25 May 2004

Ten Alps acquires leading TV documentary company Blakeway Productions for up to
                                    £1.025m
                                    
Ten Alps Communications PLC ('Ten Alps'), the AiM-listed media group, announces
the acquisition of award-winning TV documentary production company Blakeway
Productions Limited ('Blakeway') for an initial consideration of £400,000.

The acquisition deal is based on Net Assets of Blakeway of at least £250,000.
Blakeway had cash of £164,440 as at 31 March 2004 (audited). The average profit
before tax for the last three financial years was £207,000, on average turnover
of £2,187,000.

London-based Blakeway is a producer of factual programming, with around 50
significant productions in its 10-year history. Amongst films Blakeway has
produced has been The Falklands War: A Very British War for Channel 4, The Major
Years for the BBC, the critically acclaimed Empire: How Britain Made the Modern
World for Channel 4 and The Queen's Story for ITV.

Blakeway is the third successful documentary production company acquired by Ten
Alps since 2002 as it seeks to become a UK leader in factual TV, with specialist
companies in different key niches of the business, such as political or history
programming. Ten Alps group companies today have 11 significant TV series and
six further documentaries in production.

Blakeway's projects contracted since the new financial year began in April 2004
have a total value of £1.9m. They include The Long War, a major series about the
Second World War for Channel 4; a four part series about the unknown stately
houses of Britain named Hidden Treasure Houses for Five; and a 90-minute film
Churchill in Command of History, for BBC4/BBC2. On June 5, Channel 4 will
broadcast Blakeway's film American Colossus, with academic Niall Fergusson.

'Blakeway is a busy documentary production company with an excellent reputation
and an interesting programme library - and it's a good business,' said Brian
Walden, Ten Alps Chairman. 'Our shareholders will have enjoyed watching Blakeway
programmes in the past - and now they have an opportunity to help to produce
more in the future. We're very pleased.'

Denys Blakeway, the company's 48-year-old founder, said: 'I am delighted to be
joining Ten Alps to be part of a group whose work I have admired and respected.
In the rapidly changing world of broadcasting, smaller independent companies
need the financial muscle and editorial support that a merger with Ten Alps will
bring.'

Blakeway Productions has a particularly strong niche in royal films, having made
programmes about The Queen, Prince Charles, Princess Diana and Prince William
for BBC1, ITV and TV channels in the US plus elsewhere internationally. The core
producers and Kate Macky, Head of Production, have signed earnout and service
contracts.

Bob Geldof, co-founder of Ten Alps, said: 'Times are changing fast in the
British TV industry, particularly at the BBC, and we believe there is a shift
from the lifestyle TV which dominated the past five years, back to higher
quality factual material. It's about time, too. People want to see reality on
TV, rather than yet more reality TV.'

Alex Connock, Ten Alps Chief Executive, said: 'High-production-value factual
programming can be internationally marketable, and it has a longer shelf-life
than reality TV. Documentaries such as those made by Blakeway are one field in
which British TV unquestionably leads the world.'

If Blakeway made total pre-tax profits of £600,000 in the next two years, the
consideration would be the headline £1.025m figure. The financial detail of this
earnout is as follows.

(1) The initial consideration of £400,000 was funded from Ten Alps' existing
balances. (2) In each of the years to March 2005, pre-tax profits between
£80,001 and £150,000 will be matched by cash payments on a multiple of 1.166:1.
If the pre tax profits are above £150,000 in the first year, the excess will
carry forward. (3) Following the March 2006 year-end, any excess above £150,000
average profits for the two years will again be paid on a multiple of 1.166, in
either cash or new shares (at the prevailing market mid-price) at Ten Alps'
discretion, up to a limit of £350,000.

Contact Ten Alps:

Binns & Co PR Ltd
Jacqui Graves:
020 7153 1486

Alex Connock - Ten Alps CEO
Nitil Patel - FD

Main Office: 0207 089 3686

www.tenalps.com

Contact Blakeway Productions:

Denys Blakeway - Managing Director
0208 743 2040

www.Blakeway.co.uk


Editors notes:

Blakeway's History

Blakeway Productions Ltd. was founded in 1994 by Denys Blakeway to produce high
quality factual documentaries for Channel 4, BBC and ITV. Prior to this, Denys
made more than fifty films for British television, including the
multi-award-winning Thatcher: The Downing Street Years for the BBC.

Below is set out the awards the company has won, and the programmes it has made,
in the key genres of History, Politics and Current Affairs. The company retains
some, but not all, of the rights to this programme library.

Blakeway has just completed a film for Channel 4 written and presented by
Professor Niall Ferguson. Due to be transmitted on Saturday June 5th at 7pm, '
American Colossus' charts the dramatic hidden history of the United States as a
rising empire, the most powerful ever seen.

Awards

The Royal Television Society's Best Documentary Prize
The Guild of Press Critics Programme Award
The Peabody Medal
The New York Gold Medal
The San Francisco Golden Gate Award
The Television and Radio Industries Club Award
The Sandford Merit Award.
Bafta Nomination

History Programmes

Resurrection: Did Jesus really rise from the dead, a living breathing physical
person Tom Wright, the Bishop of Durham puts the Easter story under the
microscope for Channel 4.

Strike: When Britain Went to War. A two-hour special for Channel 4 to mark the
20th anniversary of the miner's strike of 1984/5.

Kings and Queens: Medieval Monarchs. An exciting 3-part series for ITV on the
Norman Kings and their legacy, presented by historian Justin Champion.

Diana Mosley: Adolf, Oswald and Me. The extraordinary life story of Diana Mosley
and her love affair with fascism. Featuring an exclusive interview in which she
talks about her close relationships with Adolf Hitler and Oswald Mosley, for
Channel 4.

Winston's War - Two one hour films about Churchill and his relationship with his
Generals for Channel 4.

Prince William - The Reluctant Royal - An hour long biography to mark the 21st
birthday of the second in line to the British throne for ITV1.

Empire - A six part series presented by historian Niall Ferguson looking at the
history of the British Empire for Channel 4.

Sir Isaac Newton - The Dark Heretic - A sixty minute programme for BBC2 about
the key role of religion in Newton's life and his greatest achievements.

The Queen's Story - Four films about the British monarchy to mark the Queen's
Golden Jubilee for ITV.

Diana - A programme about the week of Princess Diana's funeral for BBC1.

When Britain Went to War - A two hour special looking at the Home Front during
the Falklands War for Channel 4.

Secrets of the Black Diaries - One Hour documentary following a forensic
investigation into Roger Casement's Diaries.

Britain's War Heroes - A five part series for Five about Britain's unsung war
heroes.

Larry and Vivien: The Oliviers In Love - Biographical film for Channel 4.

How the Victorians Wired the World - A one off documentary on how the telegraph
revolutionised the Victorian world for Channel 4.

Crawfie: The Royal Nanny Who Wouldn't Keep Mum - A one hour film for Channel 4.

British Empires - The story of twentieth century Britain told through the
history of six quintessentially British companies for Channel 4.

Royal Portraits - Six biographical films about Britain's leading Royals for ITV.

Hitler and Stalin: Twin Tyrants - A ninety minute comparative biography for
Channel 4.

The World We Lost and Did We Have To Fight - A two hour 1939 special for Channel
4.

George VI - A biography of the King for BBC2's Reputations.

Passion, Pride and Penalties - A one hour special analysing the 1998 World Cup
match between Argentina and England for BBC1.

Royals & Reptiles - A three part series looking at the historical relationship
between the media and the royal family for Channel 4.

Ballbreakers on the Box - A documentary on the changing media portrayal of women
in the workplace.

Joachim Von Ribbentrop - A biography of Hitler's Foreign Minister for BBC2

Bertrand Russell - A two hour biography of the philosopher for BBC2's
Reputations.

The Real James Goldsmith - A biography of the business tycoon and founder of the
Referendum Party for Channel 4.

Beaverbrook - A biography of the newspaper baron for Channel 4's Secret Lives.

Politics Programmes

The California Governor Race, October 2003 - Special report from Arnold
Schwarzenegger's campaign trail for Channel 4 News, presented by Time Magazine's
Jim Ledbetter.

The Message Poll - An in-depth analysis of new methods of political polling and
messaging running throughout the General Election Campaign 2001 on Channel 4
News. Continued work with Channel 4 on polling in 2002.

Control Freaks - Martin Sixsmith on the New Labour machine in an hour long
special for Channel 4.

The Major Years - A landmark three-part series telling the inside story of the
last Conservative government for BBC1.

Portillo's Progress - A three part series for Channel 4 on Portillo's vision for
the future of the Conservative Party.

A Very Singular Man: Sir Edward Heath - A political biography of the Prime
Minister for BBC2.

The Macmillans: A Portrait of A Political Marriage - for BBC2's Reputations.

Current Affairs Programmes

Clifford Ayling Inquiry - Special report for Channel 4 News featuring an
exclusive interview with the convicted doctor, March 2004.

Crime Kids - Three forty minute documentaries for BBC2 about young offenders.

The Colombian Connection - A 50 minute programme for Channel 4 Dispatches on the
relationship between the IRA and FARC.

Gay in the UK - Four five minute shorts for Channel 4 on the results of the
first ever 'Gay Census'.

Coma - Two programmes following the recovery of coma patients for BBC2.

The Great Hospital Food Makeover - An observational film following Loyd Grossman
as he revamps hospital food for Channel 4.

Murder Most Royal - A documentary special on the Royal Massacre in Nepal for
BBC2.

I.D. - A four part series about differing perceptions of identity for Five.

Children of Drugs - A three part series looking at the reality of drugs in
children's lives, from heroin and ecstasy to alcohol and tobacco for BBC1.

Crash - A three-part series two years in the making, which follows the official
investigations after the Southall train crash of September 1997 for BBC2.

Shell Shock - A three-part series on the psychological impact of war for Channel
4.

Science at War - A four-part series on the relationship between science and
warfare for BBC2.

Children of Crime - A four-part series about juvenile crime since the war for
BBC1.

Naked City - A four-part series about the City since the Big Bang for BBC2.

ENDS










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