Minds+Machines works with .bayern

For immediate release:

20 January 2012

Top Level Domain Holdings Limited

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

Minds+Machines works with .bayern

The Directors of Top Level Domain Holdings Limited (AIM:TLDH.L), the only publicly traded company focused exclusively on acquiring and operating new generic top-level domains ("gTLDs"), are pleased to announce that Bayern Connect GmbH, the German operating company in which TLDH has a majority holding, has been exclusively awarded the contract to apply for the .BAYERN gTLD string by the Bavarian State Government. Top Level Domain Holdings' wholly owned registry services company, Minds+Machines, will provide the back-end registry services for the proposed new domain. Revenue to the Company will be based on a share of the revenues generated by the domain.

Antony Van Couvering, CEO of Top Level Domain Holdings, commented:

"We view .bayern as a very significant win for Bayern Connect and for TLDH. We are fully aware of the responsibility entrusted to us and plan to fully support Bayern Connect in its mission. Germany has 82 million inhabitants, 62 million internet users1 and 15 million domain2 names registered under .de. By comparison, Bavaria has 12.5 million inhabitants. We foresee a long and mutually profitable relationship with Bayern Connect and the people of Bavaria through this initiative."

Top Level Domain Holdings is currently supporting a portfolio of gTLD applications ranging from geographic applications, wholly-owned or joint venture applications for generic word based domains, and applications by third party clients where Top Level Domain's registry services company, Minds+Machines, provides the registry service.

1 Source: ITU September 2009

2 Source: Denic Statistics

Further Information:

Top Level Domain Holdings Limited

North America

Antony Van Couvering Tel: + 1 917 406 7126

Beaumont Cornish Limited (Nomad) Tel +44 (0) 20 7628 3396

Roland Cornish

Michael Cornish

XCAP Securities plc (Joint Broker) Tel: +44 (0) 20 3216 2661/2667

Karen Kelly

Halimah Hussain

Daniel Stewart & Company plc (Joint Broker) Tel: +44 (0) 20 7776 6550

Nick Brown

gth media relations

Toby Hall /Suzanne Johnson Walsh Tel: +44 (0) 20 3103 3903/2

Or visit the group's website at www.tldh.org

About Top Level Domain Holdings Limited

Top Level Domain Holdings is a publicly traded holding company listed on the London AIM market. The company is focused on the new top-level domain space. Top-level domains, such as .com, run by VeriSign (NASDAQ: VRSN), and .biz, run by NeuStar (NYSE: NSR), are regulated by ICANN. ICANN has announced plans to expand the number of top-level domains. TLDH intends to make targeted investments in this space, focusing on both infrastructure technologies and specific top-level domains.

About Minds + Machines, http://mindsandmachines.com

Minds + Machines is a registry services provider that works internationally with commercial organisations, cities, not-for-profits and entrepreneurs to secure and operate new web domains, known as top-level domains (TLDs). Minds + Machines is a wholly owned subsidiary of Top Level Domain Holdings, Ltd.

ENDS