Result of General Meeting

5 September 2014

PeerTV PLC

("PeerTV" or "the Company")

Result of General Meeting

PeerTV plc (AIM:PTV), a provider of technology solutions for the OTT (TV over the internet) market, and PCB (printed circuit board) production solutions is pleased to announce that, at the Company's general meeting held earlier today, all resolutions were duly passed.

As a result, each existing ordinary share of 0.5p will be subdivided into one ordinary share of 0.05 pence each ("New Ordinary Share") and one subordinated share of 0.45 pence each ("Subordinated Share"). Each ordinary shareholder will continue to hold the same number of Ordinary Shares in the Company which will continue to be traded on AIM, and in addition they now also hold the same number of Subordinated Shares.

The Subordinated Shares will not be listed or traded on AIM and will not be transferrable, nor will CREST accounts of shareholders be credited in respect of any entitlement to Subordinated Shares. No share certificates will be issued in respect of a holding of Subordinated Shares. The Subordinated Shares carry no rights as to voting or dividends and have no economic value. The holders of Subordinated Shares will be entitled to a payment on a return of capital or winding-up of the Company, after each of the holders of New Ordinary Shares have received a payment of £1,000,000 on each share.

New share certificates representing New Ordinary Shares will be sent to shareholders within 10 business days. CREST account balances will remain the same as at the close of business on the date today.

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