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Vimio PLC (VIM)

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Monday 14 April, 2008

Vimio PLC

Statement re Suspension


14 April 2008

                                   Vimio Plc                                   

                          ("Vimio" or "the Company")                           

         Further re: Issue of Equity and Suspension of Trading on AIM          

Further to the announcements by the Company on 15 February 2008 and 18 March
2008 re. the subscription by Mr. Al Ammar for new ordinary shares in the
Company, the Company announces that the subscription monies have not been
received and consequently the placing cannot proceed. In addition, despite
aggressively pursuing the Company's considerable trade debtors, material
amounts remain outstanding at this time and the Directors believe there is
significant uncertainty regarding their recoverability.

Consequently, the Directors of the Company have requested a suspension of
trading in the Company's shares on AIM pending clarification of the Company's
financial position.

The Company continues to explore various financing options and will update
shareholders in due course.

Enquiries:

Vimio Plc. David McKenna (00) 353 87 921 2022

Malachy Harkin (00) 353 87 904 7472

John East & Partners Ltd. Jeffrey Coburn

Simon Clements (00) 44 207 628 2200


                                   

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