Movistar Chile Partnership

Mobile Streams plc
26 July 2006


PRESS RELEASE


26 July 2006


      Movistar Chile Selects Mobile Streams as Exclusive Content Provider

Mobile Streams, the global mobile content company, is pleased to announce its
agreement with Movistar Chile, Chile's leading GSM/CDMA mobile
telecommunications operator with over four million customers. Mobile Streams has
been selected as the exclusive provider for their polyphonic ringtones offering
and will provide content via WAP and SMS channels with their catalogue of over
1000 songs. Mobile Streams also supplies Truetones, Wallpapers and other
applications to Movistar Chile through the same channels.

Begona Varas V., Value Added Service Manager at Movistar Chile said: 'We have
selected Mobile Streams as the exclusive provider as it will allow us to enhance
our current content services and keep Movistar as the market leader for rich
content services.  We are committed to delivering a superb service to our
customers, and are excited to benefit from Mobile Streams' global knowledge and
experience.'

Simon Buckingham, CEO of Mobile Streams said: 'The relationship with Movistar in
Chile is an important step in establishing a leadership position within the
Latin American mobile content market and we are very pleased about our
partnership. Each additional deployment of a Mobile Streams service around the
world further underscores the value and timeliness of our high performance.'


Ends


Enquiries


Mobile Streams
Simon Buckingham, Chief Executive Officer
Jitesh Sodha, Chief Finance Officer                     [phone]


Brunswick Group LLP
Laura Cummings                                          [phone]



About Mobile Streams

Mobile Streams is a leading provider of music, comedy, sport and entertainment
content to handsets and other wireless devices, whose mobile expertise and
distribution platform, 'Vuesia,' is used globally by some of the world's largest
media groups and mobile phone networks including Vodafone, and 3 in the UK,
America Movil, Movistar & TIM in Latin America, Fido & Rogers in Canada and
Dobson in the US.

'Vuesia' is Mobile Streams' full service enterprise mobile media management
solution. 'Vuesia' facilitates content ingestion, management, delivery, billing
and reporting.

The Company creates, licenses and delivers quality content to Mobile Network
Operators (MNOs) and consumers in the form of ringtones, graphics, video clips
and other products. It has developed relationships with both content owners and
MNOs which enable it to act as an intermediary, providing an end-to-end service
encompassing a broad range of elements from content licensing to content
production, account management and channel management.

Mobile Streams has subsidiaries in Germany, the US, Argentina, Brazil, Mexico,
Chile, Colombia, Sydney and Hong Kong and has approximately 100 employees.

For more information please go to www.mobilestreams.com


About Movistar

Movistar is the largest mobile network operator in Chile with 47% of the market
followed by Entel PCS with 42%.

With national coverage on GSM and CDMA networks and full GPRS coverage and local
EDGE network in highly populated cities, Movistar is leading the Mobile
communication industry in Chile.



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