Conversion of Loan

7 February 2014

                    mirada plc ("mirada" or "the Company")                     

                                  (AIM: MIRA)                                  

                              Conversion of Loan                               

mirada plc, the AIM-quoted audiovisual interaction specialist, announces that
it has received a conversion notice for £390,000 from Naropa Cartera S.L.U.
("Naropa") in respect of their remaining holding of mirada's secured 10%
convertible loan (the "Convertible Loan"). In addition, mirada has been
notified that Naropa has disposed of its existing holding of 11,558,661
ordinary shares in mirada to Infoglobal S.A. (the "Disposal"). Naropa holds a
significant interest in Infoglobal S.A.

Under the terms of the Convertible Loan, which was announced on 23 March 2010,
the conversion price is equal to a 20% discount to the average closing
mid-market share price for the 10 business days preceding the date of the
conversion notice, subject to a minimum conversion price of 10 pence. The £
390,000 is therefore to be converted into 3,900,000 new ordinary shares of 1
penny each (the "Conversion Shares"), credited as fully paid at 10 pence per
share (the "Conversion").

mirada has also entered into agreement with Naropa to capitalise the
outstanding interest accrued in respect of the Convertible Loan into new
ordinary shares in mirada at a price of 10 pence per share. The accrued
interest of £32,964.30 is therefore to be capitalised into 329,643 new ordinary
shares of 1 penny each (the "Capitalisation Shares"), credited as fully paid at
10 pence per share (the "Capitalisation").

Following the Conversion, Capitalisation and Disposal, Naropa and Infoglobal
S.A. will have the following interests in the ordinary shares in the Company:

                                                     Number of    Percentage of
                                                        shares  enlarged issued
                                                               share capital of
                                                                        Company
                                                                               
Naropa                                               4,229,643            4.97%
                                                                               
Infoglobal S.A.                                     11,558,661           13.59%

Following this conversion the outstanding balance owed in relation to the
Convertible Loan will equal £100,000.

Application has been made to the London Stock Exchange for admission of the
4,229,643 Conversion Shares and Capitalisation Shares to be admitted to trading
on AIM. Admission is expected to occur on 11 February 2014.

For the purposes of the Disclosure and Transparency Rules, mirada's total
issued share capital following the issue of the 4,229,643 New Ordinary Shares
consists of 85,057,695 ordinary shares of 1 penny each.

The above figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, mirada, under the Disclosure and
Transparency Rules.

José Luis Vazquez, Chief Executive Officer of mirada, commented:

"I am glad to reportthe conversion and capitalisation of interest on our 
Convertible Loan, which has decreased the amount outstanding from £1,420,000
less than a year ago to £100,000 today. This significantly strengthens our
balance sheet and demonstrates the commitment of the loan note holders to the
future of the company.I also welcome Infoglobal as a major shareholder of the
Company."

                                     -END-                                     

Enquiries:

mirada plc                                               [phone]  
Jose Luis Vazquez, Chief Executive Officer                                     
                                                                               
Bishopsgate Communications                               [phone]  
Nick Rome/Sam Allen                                                            
[e-mail]                                           
                                                                               
Cantor Fitzgerald Europe (Nominated Advisor & Broker)    [phone]  
Mark Percy (Corporate Finance)                                                 
David Banks (Corporate Broking)                                                
                                                                               
Peterhouse Corporate Finance (Joint Broker)              [phone]  
Jon Levinson                                                                   

About mirada

mirada creates and manages services for digital TV platforms and broadcasters
which enable consumers to interact with and purchase digital content on
television, mobile, online and bespoke devices. mirada's products and solutions
are used worldwide to deliver interactive TV, Video on Demand, digital
marketing and payment services. Its products and services have been deployed by
some of the biggest names in digital media and broadcasting including Sky,
Virgin Media, BBC, ITV, France Telecom and Telefónica. Headquartered in London,
mirada has commercial offices across Europe and Latin America and operates
technical centres in the UK and Spain. For more information, visit
www.mirada.tv.