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re: Issue of Warrants

29th Oct 2008 15:52

29th October 2008 Media Corporation plc ("the Company") Re: Issue of Warrants Further to the announcement this morning regarding the Issue of Warrants to bothDirectors and Senior Management the exercise price of the Warrants has beenchanged to 1 pence per Ordinary Share. The Warrants have been issued in accordance with the Company's Share OptionPlan, details of which are outlined in the AIM Admission Document dated 6 April2001 and approved at the EGM on 30 April 2001. The Warrants are exercisable atany time during the next 3 years. For further information please contact: Media Corporation plc Justin Drummond, Chief Executive Nilesh Jagatia, Group Finance Director + 44 020 7618 9000 www.mediacorpplc.com Daniel Stewart & Company plc Simon Leathers Tel: + 44 0 20 7776 6550 www.danielstewart.co.uk Notes to editors: Listed on the AIM market of the London Stock Exchange, Media Corp is a leadinginternet media and advertising group focused on website publishing and online advertising. The Group has two principal divisions: Advertising Network - Formed in 1996, Eyeconomy specialises in mass reach campaigns to over 32 Million unique consumers per month via its own proprietary ad-serving and tracking technology for clients including AOL, Dell and American Express. www.eyeconomy.co.uk Website Publishing - Media Corp has a diverse publishing division specializing in online media. Our impressive portfolio of websites includes a number of market leading sites including www.gambling.com, www.onthebox.com, www.sport.co.uk, www.creditcardexpert.co.uk and www.flightcomparison.co.uk . Copyright Business Wire 2008

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