Further re Fundraising

Zoo Digital Group PLC
27 May 2003




             Zoo Digital Group plc ('Zoo Digital' or 'the Company')

                          Fundraising Fully Subscribed


Zoo Digital is pleased to announce that, further to the announcement made on 8
May 2003 stating that it had received placing commitments from investors
amounting to £1.15 million, the Company has received additional commitments from
institutional investors in respect of the remaining 14,000,000 new ordinary
shares at 2.5p per share. These commitments, representing £350,000, bring the
total amount of funds raised to £1.5 million before expenses.

The placing is conditional upon the passing of resolutions by the Company's
shareholders at an extraordinary general meeting ('EGM') to be held at the
Company's offices at Parkhead House, 26 Carver Street, Sheffield, S1 4FS at 10
a.m. on 2 June 2003.

Application will be made to the London Stock Exchange for the new ordinary
shares to be admitted to trading on the Alternative Investment Market and it is
expected that, conditional upon the passing of the resolutions at the EGM,
dealings in the new ordinary shares will commence on 9 June 2003.

The new ordinary shares referred to above are ordinary shares of 0.2p each per
share.


For further information please contact:

Ian Stewart, Chief Executive, Zoo Digital Group plc        0114 241 3700

John Llewellyn-Lloyd, Noble & Company Limited              0207 367 5600

Paul Vann, Binns & Co.                                     0207 786 9600


END


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