Schedule 1 - UBC Media Group Plc

ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM RULES")

COMPANY NAME:

UBC Media Group plc ("UBC" or "the Company"), to be renamed 7digital Group plc ("7digital") pending shareholder approval at the General Meeting to be held on 9 June 2014.

COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) :

Current:

50 Lisson Street

London

NW1 5DF

From Admission:

69 Wilson Street

London

EC2A 2BB

COUNTRY OF INCORPORATION:

United Kingdom

COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:

Current website: www.ubcmedia.com

Website on admission: www.7digital.com

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING POLICY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:

UBC Media Group plc ("UBC") is acquiring 7digital Group, Inc ("7digital"), a private company, by way of a reverse takeover pursuant to Rule 14 of the AIM Rules for Companies.

UBC has two main divisions, production and interactive. UBC has three content production businesses which produce approximately 1,200 hours of video and audio content every year for customers such as the BBC and Sky Television. In addition, UBC has a growing business in video entertainment news. UBC's interactive division creates technology products that allow streaming services and has created tools for the management of the data services which accompany audio streaming online.

7digital provides access to over 26 million music tracks download and streaming services to a number of partners including leading device manufacturers. 7digital provides its customers with access to a cloud-based software platform that allows them to create and develop their own music service and operates both business to business ("B2B") technology and music services and business to customer ("B2C") music services under the 7digital brand.

The Enlarged Group's main country of operation will be the United Kingdom.

DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER OF THE SECURITIES (i.e. where known, number and type of shares, nominal value and issue price to which it seeks admission and the number and type to be held as treasury shares):

· 108,326,340 ordinary shares of 10 pence each (simultaneously with the reverse acquisition, the Company is proposing a 1 for 10 share consolidation)

· 904,131 held as treasury shares

· No restriction as to transfer

CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:

The Company is raising £6 million upon Admission by the issue of new Ordinary Shares at a price of 27 pence per Ordinary Share (post consolidation) ("Issue Price").

Anticipated market capitalisation of the Company at the Issue Price is £29.25 million

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

55.7 per cent.

DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM COMPANY HAS APPLIED OR AGREED TO HAVE ANY OF ITS SECURITIES (INCLUDING ITS AIM SECURITIES) ADMITTED OR TRADED:

None

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known or including any other name by which each is known):

Current Board of Directors

Paul Henry Barron Pascoe (Non-Executive Chairman)

Simon Andrew Cole (Chief Executive Officer)

Timothy ("Tim") John Blackmore M.B.E. (Non-Executive Director)

Kelvin Frank Harrison (Non-Executive Director)

John Christopher ("Chris") Stewart Dent (Chief Financial Officer)

Board of Directors on Admission

Sir Donald Gordon Cruickshank (Non-Executive Chairman)

Simon Andrew Cole (Chief Executive Officer)

Benjamin ("Ben") Charles Drury (Chief Strategy Officer)

John Christopher ("Chris") Stewart Dent (Chief Financial Officer)

Sir Hossein Yassaie (Non-Executive Director)

Eric Cohen (Non-Executive Director)

FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER ADMISSION (underlining the first name by which each is known or including any other name by which each is known):

Before Admission:

1. Of the Ordinary Shares shown as held by Simon Cole, 17,680,064 are registered under the name of HSBC Global Custody Nominee (UK) Limited and 3,040,000 are registered under the name Brewin 1762 Nominees Limited.

2. Of the Ordinary Shares shown as beneficially held by Tim Blackmore, 3,344,226 are registered in the name of his wife Margaret Blackmore.

3. Of the Ordinary Shares shown as beneficially held by Paul Pascoe 8,548,714 are registered under the name of Huntress (CI) Nominees and are shares with which Paul Pascoe is connected.

After Admission:

NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:

There are no such persons

(i) ANTICIPATED ACCOUNTING REFERENCE DATE

(ii) DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED (this may be represented by unaudited interim financial information)

(iii) DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19:

(i) 31 December

(ii) 31 December 2013 for 7digital, 30 September 2013 for UBC

(iii) 30 September 2014 (UBC's annual results for year to 31 March 2014 and interim results for 7digital Group plc for six months to 30 June 2014); 30 June 2015 (audited results for y/e 31 December 2014); 30 September 2015 (interim results for 6 months ended 30 June 2015)

EXPECTED ADMISSION DATE:

10 June 2014

NAME AND ADDRESS OF NOMINATED ADVISER:

finnCap Ltd

60 New Broad Street

London

EC2M 1JJ

NAME AND ADDRESS OF BROKER:

Joint Broker

finnCap Ltd

60 New Broad Street

London

EC2M 1JJ

Joint Broker

Investec Bank plc

2 Gresham Street

EC2V 7QP

United Kingdom

OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:

The Admission document will be published on www.ubcmedia.com. . Hard copies will be available from the offices of finnCap Limited, 60 New Broad Street, London EC2M 1JJ.

The Admission Document will contain full details about UBC Media Group plc, 7digital Group plc and the admission of its securities.

DATE OF NOTIFICATION:

21 May 2014

NEW/ UPDATE:

New