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Gordian Investments (GOR)

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Tuesday 30 August, 2005

Gordian Investments

Result of EGM

Gordian Investments PLC
30 August 2005

Gordian Investments plc ('the Company')


Result of Extraordinary General Meeting

30 August 2005

At an extraordinary general meeting held today, all of the resolutions put
before shareholders of Gordian Investments plc were passed unanimously. Dealings
in the shares of the enlarged group, which is to be renamed All New Video plc
(conditional upon admission to trading on AIM of the enlarged group), are
expected to commence on 31 August 2005.

As a result of the passing of the resolutions put to shareholders today, the
Company has, conditional upon admission to trading on AIM of the enlarged group,
completed the acquisition of All New Video Limited for an initial consideration
of £4 million of which £3,875,000 is to be satisfied by the issue of 55,357,143
ordinary shares of 1p each ('Ordinary Shares') in the Company. In addition the
vendors may become entitled to further consideration of up to £6 million (to be
satisfied by the issue of up to 85,714,287) Ordinary Shares (the '06 Earn-out
Shares and 07 Earn-out Shares')) dependent upon the enlarged group achieving
certain agreed targets. The concert party, which comprises the vendors of All
New Video Limited (being David Atkins, Christopher Fairhall, Lee Woodland, Simon
Hunt, John Hawkins and The Simon Hunt Pension Trust) together with Sovereign
Group Partners LLP are interested or may become interested in the enlarged share
capital of the Company as follows:


                (i) No. of shares (ii) % of    (iii) No. of      (iv) % of     (v) No. of       (vi) % of issued
                upon admission    enlarged     shares if maximum issued share  shares held if   share capital
                                  share        no. of 06         capital as    all and only the further enlarged
                                  capital      Earn-out Shares   further       concert party    by 06 Earn-out
                                               and 07 Earn-out   enlarged by   options are      Shares and 07
                                               Shares are issued 06 Earn-out   exercised and    Earn-out Shares
                                                                 Shares and 07 all shares in    and if all the
                                                                 Earn-out      column (ii) are  concert party
                                                                 Shares        issued           options are
                                                                                                exercised

David Atkins    21,459,537        24.84%       54,902,972        31.90%        57,102,972       31.95%

John Hawkins    9,219,653         10.67%       23,587,944        13.70%        23,587,944       13.20%

Christopher     8,742,775         10.12%       22,367,878        13.00%        24,567,878       13.75%
Fairhall

Lee Woodland    7,153,179         8.28%        18,300,991        10.63%        20,500,991       11.47%

Simon Hunt      1,986,994         2.30%        5,083,609         2.95%         5,083,609        2.84%

The Simon Hunt  6,437,861         7.45%        16,470,892        9.57%         16,470,892       9.22%
Pension Trust

Sovereign Group 357,144           0.41%        357,144           0.21%         357,144          0.20%
Partners LLP

                55,357,143        64.07%       141,071,430       81.96%        147,671,430      82.63%



For further information:

Beattie Financial
Mike Wort/ Jo Clewlow/ Tim Pilgrim              0207 053 6400

Teather & Greenwood                             0207 426 9000
Stephen Austin/ Harry Nicholas


                      This information is provided by RNS
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