Capital Reduction

TV Commerce Holdings PLC
12 March 2008


                            TV Commerce Holdings Plc
                                        
                        ('TV Commerce' or 'the Company')

                               Capital Reduction


Further to the announcement on 24 January 2008 regarding the capital reduction 
the Board of TV Commerce is pleased to announce the payment of 0.006231p per 
share payable on 17 March 2008 to shareholders on the register at close of 
business on 13 March 2008.  The Company has 64,179,632 ordinary shares in 
issue and therefore will be paying £399,903.29 in relation to the capital 
reduction.

Seymour Pierce Limited will resign as NOMAD and Broker to the Company from 
the close of business on 14 March 2008 and the Company's trading will be 
suspended on AIM from 17 March 2008.  The Company will have one month from 
17 March 2008 to appoint a new NOMAD and Broker otherwise the admission of 
its securities will be cancelled.  The Company is currently in discussions 
with a new NOMAD and Broker and hopes to make an announcement shortly.


For further enquiries

Vince Stanzione 07712651777
TV Commerce Holdings PLC

John Depasquale 020 7107 8000
Seymour Pierce




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