9th Jun 2006 08:58
For Immediate Release 9 June 2006 121 Media, Inc. ("121 Media") or (the "Company") Exercise of options and warrants The Company announces that, following the exercise of 20,600 share options,18,100 by current employees and 2,500 by a former employee, and 17,384 warrantsby an adviser, it has issued, conditional on admission, 37,984 common shares of$0.001 each.Application has been made for 37,984 shares to be admitted to trading on AIMand dealings are expected to commence on 15 June 2006.Following the issue of these shares there will be 9,877,911 common shares inissue.END121 MEDIA INCRelated Shares:
PHRM.L