Award Win and Trading Update

26 October 2012

                                 MediaZest Plc                                 

               ("MediaZest", the "Company" or "Group"; AIM: MDZ)               

                    POPAI award win and new business update                    

MediaZest, the creative digital out-of-home advertising company, is pleased to
announce it has won its second major industry award at the POPAI awards
(Point-of-Purchase Advertising International) this week. The Company's trading
subsidiary, TouchVision Limited, took a silver prize for instore work with HMV
on their revamped headphone tables, which launched with great success in late
2011.

In addition, the Board is pleased to announce significant new business wins
since the last trading update in mid June 2012. Subsequent to that update the
Company has confirmed new business project orders totalling over £800,000 with
delivery completed in the intervening period or expected to be finished within
the next nine months. This includes work from existing and new clients across
the retail, education, and hospitality sectors. Ongoing contractual recurring
revenues for this period based on current contracts in addition to these new
business projects is expected to be in the region of £300,000-£400,000.

There are several other key opportunities that the Company hope to crystallise that
will add to this total in the coming months and a strong pipeline
of new business opportunities that will also contribute and assist in driving
the business forward.

The Board are particularly pleased to note confirmed projects include some work
in the United States as the Group looks to exploit its unique positioning in
territories outside of Europe in the current economic climate. As the Group
strives to add recurring revenues, increased interest in the services it
provides is leading to more opportunities to move the business model towards
more predictable revenues, based on repeat consulting fees as opposed to
project work. This will in turn allow the Group to move to more consistent
revenues and profitability.

Enquiries:

Geoff Robertson

Chief Executive Officer

MediaZest Plc 020 7724 5680

Gavin Burnell / Edward Hutton

Nominated Adviser

Northland Capital Partners Limited 020 7796 8800

Claire Noyce / Deepak Reddy

Broker

Hybridan LLP 020 7947 4350

Notes to Editors:

About MediaZest

MediaZest is a creative media agency that specialises in providing innovative
out-of-home marketing solutions to leading retailers, brand owners and
corporations, but also works in the public sector in both the NHS and Education
markets. The Group supplies an integrated service from content creation and
system design to installation, technical support and maintenance. MediaZest was
admitted to the London Stock Exchange's AIM market in February 2005. For more
information, please visit www.mediazest.com

Seems a little hostage to fortune, would suggest perhaps the following: There
are several other key opportunities which we hope to be able to crystallise in
the coming months.