Online Gaming Platform

Catalyst Media Group PLC
22 September 2006


22 September 2006

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

                       Further re Online Gaming Platform

CMG today announces further to the announcement on 29 June 2006, that it has
completed the transaction with YooMedia plc ('YooMedia') for the immediate
development of an on-line gaming platform complete with a suite of fixed odds
and exclusive head to head games. CMG has acquired an exclusive five year
licence from YooMedia for the head to head version of Tringo, the compelling
interactive game that is a combination of Tetris and Bingo. The offering will
also include fixed odds games such as Roulette, Keno and Dice games. CMG has
also acquired a 5 year licence from YooMedia for the Engage technology platform
which will enable gamers to play head to head cash or prize based games against
each other across mobile phone, pc and TV platforms. Under the agreement
YooMedia will also provide the back office, payment fulfilment, gaming licence,
customer support and technology facilities.

The services and licences provided by YooMedia to CMG have cost a total of
£2,000,000.07, which has been satisfied by the issue of 44,444,446 million new
ordinary shares of 1p each ('Ordinary Shares') at 4.5 pence per share.
32,777,782 Ordinary Shares were issued in June 2006, and the remaining
11,666,664 new Ordinary Shares will be issued immediately. 29,629,630 of the
Ordinary Shares will be subject to lock-in arrangements for a period between
three and six months and subject to orderly market arrangements there after.

It is expected that admission will become effective and that dealings in the 
11,666,664 new Ordinary Shares will commence on 29 September 2006.










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