Notice of General Meeting

Media Corporation plc

("Media Corp" or the "Company")

Notice of General Meeting

Further to this afternoon's announcement in respect of the cessation of substantially all of the Company's trading business the Company has today sent to shareholders notice of a general meeting to be held at the offices of Kerman & Co at 200 Strand, London WC2R 1DJ on 16 September at 12pm.

Resolutions to be proposed include, inter alia, those for a capital reorganisation of the current share capital of the Company, authorities enabling the Directors to allot shares, the change of the Company's name to Leopard Oil Plc and the adoption of an investing policy to focus on investments in the natural resources sector, with a particular focus on oil and gas opportunities.

Full details of the resolutions and the proposed investing policy are included in the circular sent to shareholders which is available on the Company's website at www.mediacorpplc.com and in hard copy at the Company's registered office.

Contact

Media Corporation Plc Tel: +44 207 618 9000

Phil Jackson - Chairman

Northland Capital Partners Limited Tel: + 44 207 796 8800

Luke Cairns / Lauren Kettle (Nominated Adviser)

XCAP Securities Tel: + 44 207 101 7070

Jon Belliss (Joint Broker)

Bishopsgate Communications Tel: + 44 207 562 3350

Nick Rome