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121Media Inc (OTO)

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Thursday 01 February, 2007

121Media Inc

Holding(s) in Company

121Media Inc
01 February 2007


For immediate release

Press release

1 February 2007

                                 121MEDIA, INC.

                              Holdings in Company

121MEDIA, INC. (the "Company") (AIM: OTO and OTOM) received notification on 31
January 2007 that on 30 January 2007  Societe Generale Asset Management UK
Limited ("SGAM") acquired an interest in the Company's shares that resulted in 
SGAM holding a total of 679,593 common shares representing approximately 6.06%
of the issued share capital of the  Company.

As at 31 January 2007, the Company had 11,216,642 common shares with a nominal
value of US$0.001 with voting rights in issue, none of which are held in
treasury.

Enquiries:

Canaccord Adams                                           Tel: + 44 20 7050 6500
Mark Williams/ Andrew Chubb



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