Issue of Equity and Total Voting Rights

8 February 2016

reach4entertainment enterprises plc

("r4e", the "Company" or the "Group")

Issue of equity and total voting rights

The Board of r4e announces that the Company has today issued 1,000,000 new ordinary shares of 0.5p each ("Fee Shares") in satisfaction of fees payable in connection with the placing of new ordinary shares as part of the Company's bank refinancing, completed in December 2015 (the "Refinancing"). The Fee Shares will represent approximately 0.21% of the Company's enlarged share capital and have been issued at a price of 1 pence per Fee Share, as agreed at the time of the Refinancing.

Application has been made for the Fee Shares to be admitted to trading on AIM ("Admission") and it is anticipated that Admission will occur on or around 12 February 2016.

Total Voting Rights

Following the issue of the Fee Shares, the Company's issued share capital consists of 475,894,792 ordinary shares of 0.5p each. The Company does not hold any shares in treasury.

The above 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 to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Enquiries: