Strategic Plan and Interim Financials

Media Content PLC 7 April 2000 MEDIA CONTENT PLC ANNOUNCES STRATEGIC PLAN AND INTERIM FINANCIALS Media Content PLC announced today the outline of its strategic plan for development, and the interim financial statement for the six-month period ended 31 December 1999. The Board of Media Content PLC today confirmed its continued implementation of the dual advisory/investment strategy, which has been reflected in the company's re-structuring at the beginning of this year. Media Content PLC's wholly owned subsidiary Media Content Sports Media Advisors Ltd will aim to continue to grow its solid reputation for high-level independent sports media advice, provided to prestigious clients such as New Zealand Rugby, The International Football Channel, World Wrestling Federation Entertainment Inc., AirTV, The Sydney 2000 Paralympic Games and Sportev. Media Content Sports Media Advisors Limited is also in the process of identifying and securing new fee/upside fee advisory opportunities with other leading rightsholders and media companies. Media Content PLC's wholly owned subsidiary Media Content Development Limited will continue to seek unique global sports media and internet investment opportunities, of a selective nature and always with a strategic connection to the advisory business, to add to its stake in Sportev Limited, the sports webcasting startup, and to its holding in The International Football Channel. Both subsidiary companies have undertaken a staff development plan to grow the existing capacity for servicing clients and seeking investment and partnership opportunities, and during 2000 Media Content PLC will also explore the possibility of expanding its network to include offices in other key regional sports media markets. Jean-Paul de la Fuente, CEO of Media Content PLC, says, 'During 1999 and early 2000 we have moved significantly forward in implementing our dual advisory/investment strategy. I am delighted by the vote of confidence given to Media Content by some of the world's leading sports rightsholders and innovative media content developers in our market.' Jean-Francois Denis, Managing Director of Media Content PLC, says, 'Despite our young age as a company, the market is beginning to place us amongst the leaders in the provision of independent sports media rights expertise, based on the company's principal executives combined personal historical and current involvement in the acquisition, marketing and advising of a cumulative total of US$8billion worth of sports media rights.' The Board also released the interim financial statement for the six-month period up to December 1999. Commenting on the financial statement, the recently appointed Non-Executive Director, Len Fertig, stated, 'This statement is entirely in line with the strategic plan announced today.' Enquiries: Jean-Paul de la Fuente Media Content PLC 0702 1136550 Ian Currie Apax Partners & Co. Capital Limited 0161 831 9133
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