Holding(s) in Company

Catalyst Media Group PLC
29 September 2004



29 September 2004

          Catalyst Media Group plc ('Catalyst Media' or 'the Company')

                               Holding in Company

The Company has today received notification that Banklawn Limited disposed of
1,950,000 Ordinary Shares as detailed below:

Date                    Number of Ordinary Shares           Price
28 September 2004                         750,000          *7.83p
27 September 2004                       1,000,000            6.5p
24 September 2004                         100,000              9p
20 September 2004                         100,000          10.75p

* Average price

Banklawn Limited's total holding in Catalyst Media is now 7,450,923 Ordinary
Shares, representing 5.30 per cent. of the issued share capital of the Company.

Enquiries:

David Wiseman
Company Secretary, Catalyst Media Group plc
020 7927 6699




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