Trading Update

29 May 2012

INTERNETQ plc

(InternetQ or "the Group")

Trading Update

InternetQ plc (LSE-AIM: INTQ), a leading provider of mobile marketing and digital entertainment solutions, with reference to its statement of 12 April 2012 on sales pipeline, is pleased to announce that its business continues to develop at a robust pace. In fact, the Company's lack of any meaningful exposure to the Greek market, its fairly limited exposure to the Eurozone markets, the secular nature of its growth and the geographic diversity it has achieved over the past couple of years, are conjointly supporting our expectations of meeting both revenue and profitability targets for the entire 2012. A good part of this incremental growth is driven by investments in new partnership and sales representation agreements, particularly for the markets of Russia, Africa and certain countries of Asia.

The Company's mobile marketing pipeline is at its highest ever level and continues to build up with new projects across new geographies. We are cautious in our appraisal of the likelihood of projects migrating from pipeline to firm commitment, but this current level of activity does give us a degree of assurance and underpins our expectations in overall revenue growth. Most importantly, activities are gaining further traction in existing markets where we already have a solid presence. Management continues to focus on delivering a wide range of marketing applications to customers, maximizing the opportunity that the mobile channel affords. Notably, the average duration of marketing campaigns appears to gradually increase, since clients employ them more to drive longer-term engagement with their customers as part of their strategic focus to build loyalty and brand affinity.

The roll-out of AKAZOO, the Company's powerful, mobile driven, social music network, is on track with the initial schedule except for the Brazilian and Indonesian markets, where the Company hasn't yet launched the service through all major mobile carriers. Management expects the service to be fully launched in these two markets in the coming weeks. AKAZOO combines social network and music download functionality to give emerging market consumers access to music without the use of credit cards, but through mobile billing options. At the end of April 2012, AKAZOO was available in 20 countries, with 3.2 million registered users and more than 0.5 million paying subs (up from 14 countries, 2.3 million registered users and over 0.4 million paying subs at the end of 2011). The Company plans to introduce a set of performance metrics for its digital entertainment business at its scheduled AGM on 29 June 2012.

About InternetQ

InternetQ is a trusted global leader in mobile marketing and digital entertainment solutions. Through its proprietary technology platforms, InternetQ enables mobile network operators, brands, and media companies to conduct targeted, interactive and measurable mobile communications and pushes the frontiers in digital mobile entertainment. InternetQ is a publicly traded company listed on the London Stock Exchange's AIM, under the symbol INTQ.

For more information, please visit www.InternetQ.com.

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