First Day of Dealings

Boomerang Plus PLC
05 November 2007

Date:                         5 November 2007
On behalf of:                 Boomerang Plus plc ("the Company" or "the Group")
Embargoed until:              0700hrs


Boomerang Plus plc

First Day of Dealings

Boomerang Plus plc, a profitable and vertically integrated, multi-genre,
independent television production group based in Cardiff, Wales, announces that
its shares have been admitted to trading on AIM today under the trading symbol:
"BOOM.L" ("Admission").

The Company has raised £3.0 million (before expenses) through a placing of
1,898,734 new ordinary shares of 1p per share ("Ordinary Shares") at a placing
price of 158p per share ("the Placing Price").  On Admission to trading of all
issued Ordinary Shares at the Placing Price, the Group's market capitalisation
was £14.0 million.

Commenting on Boomerang's first day of dealings on AIM, Huw Davies, CEO, said:

"We are delighted that Boomerang has successfully listed on AIM today.  The
Group has built a strong business over the last 13 years and we believe that
Admission to AIM will provide an ideal platform for future growth of the
Company.  The independent television production market has increased
dramatically since the legislation issued by Ofcom, creating a substantial
opportunity for the Group to act as a consolidator in the regional market.
Boomerang has a strong team and we look forward to the future development of the
Company."

Summary of Key Information

-        Boomerang is a vertically integrated, profitable, multi-genre
independent television production group operating within the Nations and Regions

-        Boomerang produces over 500 hours of television and radio content per
annum for S4C, Channel 4, BBC Wales, ITV Wales, Sky and Discovery

-        The Group, founded in 1994, has extensive experience in producing
content in a variety of genres, including youth programming, music,
entertainment, children's programming, extreme sports and drama

-        The Group has good revenue visibility as a high proportion of its
budgeted revenue is contracted with broadcasters

-        The market for independent television production companies in the
Nations and Regions has grown following quotas from the regulator Ofcom, which
require that, depending on the broadcaster, between 10 per cent. and 50 per
cent. of qualifying programming hours must be sourced from outside the M25
boundary

-        Boomerang is ranked in the top five independent television production
companies, by revenue, in the Nations and Regions according to the Broadcast
Survey (Nations and Regions) 2007

-        The Board's strategy is both to achieve strong organic growth by
leveraging the Group's existing customer base coupled with strategic
acquisitions, with a view to becoming a major supplier to UK networks looking to
satisfy their Nations and Regions quotas

-        Boomerang is well placed to lead the consolidation of regional
independent production companies across the UK. Target companies which meet the
acquisition criteria will have a strong track record, which will assist the
Group to grow further, outside Wales

-        The Placing proceeds are, inter alia, intended to provide finance for
acquisition opportunities, fund the general working capital requirements of the
Group and provide the capacity for additional incentives for employees through
share option schemes

-        The Directors believe that Admission will raise the Group's profile and
assist the Group in attracting and retaining key employees



Evolution Securities is the Company's nominated adviser and broker.


Admission details:

Placing Price                                                                                     158p
Number of Existing Ordinary Shares                                                                7,002,497
Number of New Ordinary Shares being issued by the Company pursuant to the Placing                 1,898,734
Number of Sale Shares being sold pursuant to the Placing                                          320,522
Number of Ordinary Shares in issue following Admission                                            8,901,231
Percentage of Enlarged Issued Share Capital being placed pursuant to the Placing                  24.9%
Market capitalisation of the Company following the Placing at the Placing Price                   £14.0 million
Gross proceeds of the Placing of New Ordinary Shares                                              £3.0 million
Net proceeds of the Placing of New Ordinary Shares                                                £2.3 million



For further information and publication quality photographs, please contact:


Boomerang Plus plc                                                                   Via Redleaf Communications
Huw Davies, Chief Executive
Mark Fenwick, Finance Director

Evolution Securities Limited                                                                      020 7071 4300
Tom Price/Jeremy Ellis

Redleaf Communications                                                                            020 7822 0200
Emma Kane/Sanna Lehtinen/Anna Dunkin



                      This information is provided by RNS
            The company news service from the London Stock Exchange