Update re. Convertible Loan Notes

4 December 2015

Motive Television PLC

("Motive" or the "Company")

Update re. Convertible Loan Notes

Motive Television PLC (AIM: MTV) announces that discussions with holders of convertible loan notes ("CLN Holders") in the Company remain ongoing. The Company originally issued £4,750,000 of fixed interest Convertible Loan Notes ("CLNs") in October 2010.

As previously announced on 30 June 2015, in the Company's annual results for the year ended 31 December 2014, and on 28 August 2015 in the Company's half-yearly results for the six months ended 30 June 2015, the Company currently has a balance of outstanding CLNs with a face value of £2,978,396 which mature on 31 December 2015.

The Company has previously announced that these CLNs would need to be extended or further funds raised to pay them down if agreement with the CLN Holders could not be reached.

The Directors believe that progress has been made with the CLN Holders, however if negotiations do not reach a positive conclusion, or further funding cannot be secured in the event the CLN's are repayable, the Company would have to take action to reduce its cost base and to consider whether the Company would be able to continue to trade.

The Directors are confident that further injections of funds can be secured to fund the Company's working capital position and that further revenue generating contracts will be won.

Enquiries:

Notes to Editors:

Motive Television was founded in London in 2005 and its shares are quoted on the London Stock Exchange (AIM).

http://www.motivetelevision.co.uk

Motive Television provides broadcasters and pay television operators with enabling technology that provides opportunities to deliver highly valued services to viewers that generate additional income and retain existing subscribers, comprising:

Content Express™

Today's television viewers are demanding the ability to watch whatever they want when they want it on any screen, and Motive's Content Express™ makes that possible without having to build new networks. Content Express™ software provides secure delivery and management of non-linear digital content across any type of broadcast network to any consumer-facing screen or device. Motive has deployed it in both single and hybrid distribution systems that combine broadband access with traditional distribution for an optimal solution.

Motive's Content Express™ solutions platform provides a one-stop shop for digital terrestrial broadcasters, satellite, DTT cable pay television platforms, and Internet OTT content providers to offer new services including: Video on Demand (VOD and SVOD), Catch-up television, Tablet Television, Targeted advertising for VOD, Mocast for 4G LTE, Virtual channels and Video2Go.

TabletTV

With a proprietary app and TPod antenna-tuner, tablet owners around the globe can watch and record all the programming currently broadcast over digital terrestrial channels. Additionally, Tablet TV subscribers have the ability to download a selection of video-on-demand movies and programmes without the need for Internet access and, when they are connected, use integrated social networking and access anything available over the Internet.

BYOD TV

Motive's BYOD TV solution provides passengers and crew in maritime environments with access to video-on-demand movies and television without needing direct access to the Internet or broadcast signals. Markets for the platform include operators of passenger ferries, cruise lines, commercial ships, and oil platforms among others. In addition, BYOD TV has application for additional markets including passenger airlines, trains, waiting lounges, etc.

Motive's content division is:

 Motive Television Limited, a Dublin-based award-winning independent production company that produces factual programmes for Irish broadcasters. It specializes in live sports production and sports documentaries and also produces factual and entertainment series.