MEDIA HOLDINGS PLC
APPOINTMENT OF CONSULTANT AND ISSUE OF WARRANTS
The Board of Media Holdings plc (the "Company") is pleased to announce that
David Foxman has been appointed to act as a consultant to the Company with a
view to identifying potential investment opportunities in the media sector.
David Foxman was a director of Tavistock Communications Limited, the financial
public relations business from 1992 until 2007. Prior to 1992, Mr Foxman was a
director of City & Commercial Communications plc. Accordingly, Mr Foxman has
substantial experience of the media sector and involvement in corporate
transactions.
The Company has agreed to issue 2,000,000 warrants to David Foxman to subscribe
for ordinary shares in the Company, the warrants being exercisable at 1 pence
per share at any time up to 1 March 2011.
Contact:-
Media Holdings plc
Vince Nicholls, Director
Tel: 01732 836 180
Dowgate Capital Advisers Limited, PLUS Corporate Adviser
James Caithie
Tel: 020 7492 4777