Issue of Equity

11 June 2012

UBC Media Group plc

Issue of Equity

UBC announces deal to consolidate interest in Audioboo Limited and issue of shares to Imagination Technologies

UBC Media Group ("UBC" or "the Company"), in partnership with Imagination Technologies Group PLC ("Imagination") (LSE: IMG), is pleased to announce that they have consolidated their interest in the mobile and web platform Audioboo Limited ("Audioboo").

As consideration for Imagination's current shareholding in Audioboo of 33.95 per cent., UBC has agreed to transfer to Imagination 13,580,811 ordinary shares of 1 pence each ("Ordinary Shares") currently held by the Company in treasury ("the Transfer"), representing 7.6 per cent. of UBC's issued share capital.

In addition, Imagination has purchased 3,000,000 new ordinary shares of 1 pence each in the share capital of the Company ("New Ordinary Shares") at a price of 2 pence per New Ordinary Share and has purchased 2,943,229 existing Ordinary Shares held by UBC in treasury at a price of 2.75 pence per share (together, "the Purchases").

Following the Transfer and the Purchases, Imagination will hold 19,524,110 Ordinary Shares, representing 9.8 per cent. of the issued share capital of the Company and UBC will hold approximately 40.3 per cent. of Audioboo.

Application has been made for 3,000,000 Ordinary Shares to be admitted to trading on AIM ("Admission"), and it is expected that Admission will occur on 15 June 2012. The New Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

Following Admission, the Company will have 198,286,212 Ordinary Shares in issue with each share carrying the right to one vote. There will be no shares held in treasury. The total number of voting rights in UBC will therefore be 198,286,212. This number may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interesting, or a change in their interest in, UBC, under the Disclosure and Transparency Rules.

UBC has also published it Full Year Results for the year ended 31 March 2012 today.

Simon Cole, Chief Executive of UBC commented:

"I'm pleased to see our relationship with both Audioboo and Imagination being strengthened by this consolidation. The move comes after a successful fundraising round for Audioboo and the announcement of its adoption as an approved technology by the BBC. We have worked with Imagination for many years and our shared vision of the development of services for the connected media world will be a powerful part of UBC's future strategy".

Enquiries:

Notes to Editors

About UBC Media Group

UBC is quoted on the London Stock Exchange's AIM market. UBC is a leading provider of digital content, software and mobile applications. The Group is the largest independent producer of radio programming for the BBC and a provider of entertainment programming to commercial radio stations throughout the UK. Its software division, Unique Interactive, is a global supplier of digital radio text and data services.www.ubcmedia.com

About Audioboo

Audioboo is a platform for mobile and social media that allows consumers to create and share audio and broadcasters to distribute content easily across social media platforms. It was recently adopted by the BBC and is now being used by all BBC radio networks. Its 300,000 registered users are currently growing at more than 7% a month.

www.audioboo.fm