6th Nov 2008 07:00
Media Corporation plc ("the Company") 6th November 2008 Media Corp (AIM:MDC), a leading internet media and advertising Group, announcesthat on 5th November 2008 the Group purchased 2,000,000 ordinary shares of 1peach in the capital of the Group at a price of 2.125 pence per share. Media Corpintends to hold the purchased shares in treasury. The purchase equates to approximately 0.74% of the Group's current total issuedshare capital. Following this transaction, Media Corp has 266,937,298 ordinary shares in issueand 24,990,000 ordinary shares in treasury. The total number of voting rights in, and the figure to be used by shareholdersas the denominator for the calculations by which they will determine whetherthey are required to notify their interests in, or changes to their interest in,Media Corp under the FSA's Disclosure and Transparency Rules is 266,937,298. \* TFor further information please contact: Media Corporation plcJustin Drummond, Chief ExecutiveNilesh Jagatia, Group Finance Director + 44 020 7618 9000www.mediacorpplc.com Daniel Stewart & Company plcSimon Leathers Tel: + 44 0 20 7776 6550www.danielstewart.co.uk\* T 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 onlineadvertising. The Group has two principal divisions: Advertising Network - Formed in 1996, Eyeconomy specialises in mass reachcampaigns to over 32 Million unique consumers per month via its own proprietaryad-serving and tracking technology for clients including AOL, Dell and AmericanExpress. www.eyeconomy.co.uk Website Publishing - Media Corp has a diverse publishing division specializingin online media. Our impressive portfolio of websites includes a number ofmarket 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 2008Related Shares:
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