Issue of Equity

Immedia Broadcasting plc
30 March 2007





                           IMMEDIA BROADCASTING PLC


                          ('Immedia' or 'the Company')

                                Issue of Equity

Pursuant to the previous announcement made on 08 May 2006 regarding the
acquisition of The Cube Group of Companies  Limited, Immedia Broadcasting plc
has issued 1,216,281 Ordinary Shares of 10p each ('New Ordinary Shares') as part
of  the vendors' consideration.

Application has been made for the New Ordinary Shares to be admitted to trading
on the AIM market of London Stock  Exchange plc and dealings are expected to
commence on 4 April 2007. The shares will rank pari passu with existing  shares
in issue.

Further Information:

Immedia Broadcasting plc                              01635 572 800
Bruno Brookes, Chief Executive


Daniel Stewart & Co plc                               020 7776 6550
Paul Shackleton

Hudson Sandler                                        020 7796 4166
Sandrine Gallien/Amy Faulconbridge










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