Issue of Equity

(the "Company")

Admission Application

The Board of Globo plc (LSE:AIM: GBO) announces today that application has been made to the London Stock Exchange for the admission of 466,000 new ordinary shares of 1 pence each ("New Ordinary Shares") to trading on AIM. Admission is expected to take place on 4 January 2011.

The New Ordinary Shares have been issued and allotted pursuant to the exercise of options, at an exercise price of 12.5 pence per share, and will rank pari passu in all respects with the existing issued ordinary share capital of the Company.

Following admission of these new ordinary shares, the Company's issued share capital will comprise 295,808,743 ordinary shares of 1 pence each. This figure of 295,808,743 ordinary shares may therefore 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 FSA's Disclosure and Transparency Rules.

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