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Appointment of Director

30th Oct 2007 07:00

Media Corporation plc ('Media Corp' or the 'Company') The Directors of the Company are pleased to announce the appointment of NileshJagatia to the main Board of Media Corp as Group Finance Director with immediateeffect. Nilesh Jagatia FCCA, aged 40, is a qualified accountant and has a degree infinance from the University of North London. With over 15 years experienceincluding senior financial roles in divisions of both Universal Music Group andSanctuary Group Plc, he was also a Finance Director for an independent recordlabel that expanded in the US. Nilesh commented "I am very excited about my appointment. It is a greatopportunity in a dynamic organisation and I am looking forward to workingclosely with Justin Drummond, the Board and senior management." Speaking on the appointment Justin Drummond, Chief Executive of Media Corp,commented: "We are delighted to welcome Nilesh to the main Board of the Company. Nilesh'sexperience and knowledge of the media sector will be a great advantage to theGroup and we look forward to working with him as Media Corp continues to grow." There is no further information in relation to Nilesh Jagatia's appointmentrequired pursuant to Schedule 2 paragraph (g) of the AIM rules for Companies. For further information please contact: Media Corporation plcJustin Drummond, Chief Executive+44 (0)20 7618 9000 Buchanan CommunicationsCharles Ryland/Suzanne Brocks/Susanna Gale+44 (0)20 7466 5000 Canaccord Adams LimitedMark Ashurst, Managing Director+44 (0)20 7050 6500 Notes to editors: Listed on the AIM market of the London Stock Exchange, Media Corp is a leadinginternet media and advertising group focused on website publishing and onlineadvertising. The Group has two principal divisions: Website Publishing - Media Corp has a diverse publishing division specializingin online media. Our impressive portfolio of websites includes a number ofmarket leading sites including www.gambling.com, www.creditcardexpert.co.uk,www.onthebox.com and www.flightcomparison.co.uk. Online Advertising - Formed in 1996, Eyeconomy specialises in mass reachcampaigns to over 30 Million unique consumers per month via its own proprietaryad-serving and tracking technology for clients including AOL, Dell and AmericanExpress. www.eyeconomy.co.uk www.mediacorpplc.com Copyright Business Wire 2007

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