Loan Facility

Catalyst Media Group PLC 10 April 2007 Catalyst Media Group plc ('Catalyst' or the 'Company') Loan Facility The Board of Catalyst is pleased to announce that it has today entered into an agreement for a new £4 million loan facility ('Facility') to be provided by North Atlantic Smaller Companies Investment Trust PLC and Oryx International Growth Fund Limited. The funds provided under the Facility will be used to repay a proportion of the facility that the Company has in place with Investec Bank (UK) Limited ('Investec') ('Investec Facility') so as to reduce the outstanding borrowings to Investec to below £5 million. At this level, under the terms of the Investec Facility, Investec should no longer be entitled to exercise a warrant to acquire an effective 1 per cent. of the Company's holding in Satellite Information Services (Holdings) Limited ('SIS') provided the balance of the Investec Facility is repaid in full by 30 September 2007. Following completion of the placing and open offer and the recent sale of of 1.67 per cent. of the Company's stake in SIS to Fred Done of BetFred bookmakers, the Company now owns a 20.51 per cent. interest in SIS. Interest is charged on the Facility at a fixed rate of 13.25 per cent. per annum, payable quarterly in arrears. A nominal arrangement fee is payable in connection with the Facility. The Facility is repayable on or by 10 April 2009 and is secured by a fixed and floating charge over the Company's assets and a first fixed legal charge over the entire issued share capital of Catalyst Media Holdings Limited, a subsidiary of the Company. Enquiries: Catalyst Media Group plc Michael Rosenberg Tel: 020 7927 6699 Strand Partners Limited James Harris/Angela Peace Tel: 020 7409 3494 Evolution Securities Limited Tom Price/Hui Ling Tay Tel: 020 7071 4300 This information is provided by RNS The company news service from the London Stock Exchange MSCSFFFWSSWSELL