Issue of Equity

27 January 2015

PeerTV PLC

("PeerTV" or the "Company")

Issue of Shares

PeerTV plc (AIM:PTV), a provider of technology solutions for the OTT (TV over the internet) market, and PCB (printed circuit board) production solutions announces that it has issued 5,468,931 new Ordinary Shares in part payment of loans and unpaid fees due by its subsidiaries Digitek SMT Assemblies Limited and SM Digitek (1993) Limited at a price of 2.25 pence per new Ordinary Share ("New Shares").

Application has been made for the New Shares to be admitted to trading on AIM and admission is expected to occur at 8:00am on 2nd February 2015 ("Admission").

On 22 December 2014, the Company announced that it had converted 8% Loan Notes to the value of £806,660 resulting in the issue of 23,459,681 new Ordinary Shares. However, the number of new Ordinary Shares issued to unsecured loan note holders was 23,459,678 (the difference arising from rounding).

Therefore following Admission, the Company will have in issue 98,346,295 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury. Therefore the total number of Ordinary Shares with voting rights in the Company will be 98,346,295. 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 to their interest in, the share capital of the Company.

Further enquiries:

PeerTV Plc

Eitan Yanuv, Chairman

Tel: +972 974 07315

ZAI Corporate Finance Limited

Ray Zimmerman / Richard Morrison

Tel: +44 20 7060 2220

Daniel Stewart & Company plc

David Coffman

Tel: +44 207 7766550