Issue of Equity and Director Dealing

Vitesse Media plc

(the "Company")

Issue of Equity and Director Dealing

Vitesse Media PLC (AIM: VIS), the AIM quoted media business, announces that it has today issued 655,080 new ordinary shares in the Company ("Ordinary Shares") in lieu of directors' fees amounting £24,500 to Keith Willey, a Non-Executive Director of the Company, at a conversion rate of 3.75 pence per share, representing a premium of 15% on yesterday's closing share ask price.

Application has been made for the 655,080 Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on or about 17 December 2014. The Ordinary Shares will rank pari passu in all aspects with the existing Ordinary Shares of the Company.

Following Admission, Keith Willey will hold 655,080 Ordinary Shares representing 1.3% of the issued share capital of the Company.

Total Voting Rights

Following Admission, the Company's enlarged issued share capital will comprise 50,672,743 ordinary shares, with voting rights. The Company does not hold any ordinary shares in treasury. Therefore the total number of ordinary shares in the Company with voting rights will be 50,672,743. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

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