Announcement of New Order

23 January 2012

PeerTV PLC

("PeerTV" or "the Company")

Kartina TV places new order

PeerTV (AIM:PTV), a provider of technology solutions for the OTT (TV over the internet) market, is pleased to announce that it has received its second order for the newly deployed PeerStation ES550 from its customer KartinaTV which brings the total amount ordered to 12,500 units from this client.

The PeerStation ES550 is PeerTV's recently released set top box supporting live internet TV channel streaming, video on demand services and digital terrestrial TV reception as well as offering a high end, high definition user interface.

Commenting on the announcement, Moshe Bartov, CEO of PeerTV Ltd, says:

"PeerTV has been working with Kartina since its inception and is pleased to continue to support this major account. This new order demonstrates that we are regaining customer support and that our products are competitive. We hope to build on this success and significantly grow our customer base over the course of this year."

Further enquiries:

PeerTV Plc

Leon Nahon, Chairman +972 974 07315

Libertas Capital Corporate Finance Limited

Thilo Hoffmann/Andrew McLennan +44 (0) 20 7569 9650

Rivington Street Corporate Finance Limited

Jon Levinson/Eran Zucker +44 (0) 20 7562 3350

Bishopsgate Communications

Deepali Schneider/Natalie Quinn +44 (0) 20 7562 3350