Result of AGM, General Meeting and Issue of Equity

CERES MEDIA INTERNATIONAL PLC ("Ceres" or the "Company" or the "Group") Result of AGM, General Meeting and Issue of Equity At the Annual General Meeting and General Meeting of the Company, held earlier today, all resolutions were duly passed. Placing The Placing (announced on 19 February 2013) of 55,000,000 new ordinary shares ("Placing Shares") at a price of 0.5 pence per share has become unconditional. Conversion The Company has agreed with certain creditors, amounting to £35,066.67, to issue shares in the Company in lieu of liabilities owed to them. The Company has issued 7,013,334 ordinary shares at a price of 0.5 pence per share (the "Conversion Shares") in respect of these liabilities. Application for admission of the Placing Shares and the Conversion Shares has been made to the London Stock Exchange which is expected to occur on 15 March 2013. Subsequent to the share issues noted above, the Company's share capital comprises 125,387,295 ordinary shares of 0.1 pence each. Enquiries: Ceres Media International PLC Tel: 020 3178 5622 Alex Dowdeswell Nominated Adviser - Cairn Financial Advisers LLP Tel: 020 7148 7900 Liam Murray / Jo Turner Broker - XCAP Securities plc Tel: 0207 101 7070 Jon Belliss / Adrian Kirk