Issue of Equity

3 February 2014

PeerTV PLC

Issue of Equity

PeerTV (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 raised £250,000 via a private placing of 25,000,000 new ordinary shares of 0.5 pence each in the Company ("Placing Shares") at a price of 1 penny per share. The Company is also issuing 25,000,000 warrants to purchase ordinary shares of 0.5 pence each at a price of 1.5 pence per share ("Warrants"). The Warrants have an exercise period of five years and are being issued on the basis of one Warrant for every Placing Share.

The Placing Shares will be issued in several tranches. Consideration for the first tranche of £121,000 has been remitted to the Company and 12,100,000 Placing Shares ("First Tranche Shares") have been allotted to investors. Consideration for the further tranches for a total of £124,000 will be remitted to the Company over the next 30 days with the remaining 12,400,000 Placing Shares issued and allotted to investors as the funds are received.

Application will be made for the First Tranche Shares to be admitted to trading on AIM and admission is expected to occur at 8:00am on 7 February 2014.

On 24 October 2013, the Company announced the issue of 4,749,130 ordinary shares of 0.5 pence each ("Ordinary Shares"). This number was incorrect and the announcement should have stated 5,534,844 Ordinary Shares were issued. Application has been made for the additional 785,714 Ordinary Shares ("New Ordinary Shares") to be admitted to trading on AIM and admission of these shares is also expected to occur at 8:00am on 7 February 2014. Following admission of the First Tranche Shares and New Ordinary Shares, the Company will have in issue 130,183,714 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 130,183,714. 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

Daniel Stewart & CompanyAntony LeggeTel: +44 (0)20 7776 6550