Option on sale of subsidiary business

YooMedia PLC ("YooMedia" or "the Company")                   

                      Option to acquire gaming subsidiary                      

YooMedia , the AIM-traded interactive media and games group, announces that it
has today entered into an option agreement with a Spanish based investment
company, Kasei 2000, to dispose of YooMedia's subsidiary; The Gaming Channel
Ltd ("Gaming Channel"), for a total consideration of £5.25m. The Gaming Channel
holds the UK fixed odds betting licence under which YooMedia operates its
gambling activities.

The option agreement entered into between the Company and, Kasei 2000 provides
the right to Kasei 2000 to purchase from YooMedia the Gaming Channel for a
total consideration of £5.25m, payable in cash by 31 October 2007. Of the total
consideration of £5.25m, £0.8m is payable in cash by Kasei 2000 to YooMedia in
the next two months for entering into the option agreement. The option
agreement includes a provision for YooMedia to redeem the option agreement if
YooMedia receives a cash offer from a third party to acquire the Gaming Channel
for a sum in excess of £4.45m.

The Gaming Channel made a gross profit contribution of £2.3m for the year ended
31 December 2006.

The option agreement provides that, on the acquisition of the Gaming Channel,
YooMedia will continue to provide ongoing service and technical support to the
Gaming Channel for five years

If the option agreement is exercised by Kasei 2000, the disposal of the Gaming
Channel Ltd may require shareholder approval at a general meeting under AIM
rule 15 of the AIM Rules for Companies.

Michael Sinclair, Executive Chairman, YooMedia PLC, Commented:

"YooMedia is in discussions with Kasei 2000 to explore opportunities for its
interactive services in Spain and other Hispanic markets and this option
agreement underlines Kasei 2000's interest in the gaming sector in particular.

"We are delighted at the formation of this long term connection with a well
connected business in the Spanish market where we see exciting potential for
our unique range of interactive products and service."

2 July 2007

Enquiries:

YooMedia PLC                           [phone]                  
                                                                             
Neil MacDonald, Managing Director                                            
                                                                             
Nexus Financial Ltd                    020 7451 7068                         
                                                                             
Nicholas Nelson/Kathy Boate            [e-mail]      
                                                                             
Seymour Pierce Limited                 [phone]                  
                                                                             
Mark Percy