Settlement of legal claims

Settlement of legal claims

Media Corporation PLC

Media Corporation Plc ("Media Corp" or the "Group")

Settlement of legal claims

The Board of Media Corporation Plc is pleased to announce that it has reached a settlement agreement, with CD Casino Limited, in respect of the pending legal claim brought against Media Corp and its subsidiary Search Focus Limited in February 2012. In settlement the Group will issue CD Casino Limited with 15 million ordinary shares.

Following this announcement the Group has no further outstanding litigation.

Further announcements will be made as and when appropriate.

Contacts:	Â
Media Corporation Plc		Tel: [phone]
Phil Jackson – Chairman
Adam Fraser-Harris – Interim CEO
Northland Capital Partners Limited		Tel: + 44 20 7796 8800
Luke Cairns / Rod Venables (Nominated Adviser)
Katie Shelton (Joint Broker)
XCAP Securities		Tel: + 44 20 7101 7070
Jon Bellis / Karen Kelly (Joint Broker)
Bishopsgate Communications		Tel: + 44 20 7562 3350
Nick Rome / Sam Allen – [e-mail]
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