Reorganisation of Group

Ten Alps PLC
07 November 2006

Ten Alps Plc: Reorganisation of group, rebranding of largest subsidiary,
acquisition of niche media company



7 November 2006



Ten Alps Plc ('Ten Alps') announces the reorganisation of the group into three
Ten Alps-branded divisions, the renaming under the Ten Alps brand of its largest
subsidiary, McMillan Scott, and the acquisition of a specialist media company.



Each step aims to continue Ten Alps' growth and increase its commercial profile
as producer and owner of high quality TV, internet TV and specialist media
content.



Reorganisation



Ten Alps now has 480 staff, reorganised into three divisions beneath the PLC
board (which has two executive directors.) Driving growth individually, the
three divisions are also working together to deliver Ten Alps' 2007 strategy.



Ten Alps Broadcast, under Nitil Patel (also Group FD) and editorially
coordinated by Fiona Stourton (formerly a leading current affairs executive at
the BBC), is taking forward all of the group's TV production companies and
interests.



Ten Alps Communications, under Adrian Dunleavy, is driving the group's
specialist media and marketing communications interests.  Companies within this
division include Ten Alps Publishing (see below) and Ten Alps Live, which now
share a London office.



Ten Alps Digital, under Nigel Dacre (formerly Editor of ITV News and CEO of
Teachers' TV) is expanding the group's internet TV activities, including the
forthcoming Public TV site - bringing together Ten Alps' advertising sales and
TV skills.



Rebranding



McMillan Scott, acquired in March 2006 and performing successfully, is changing
its name to Ten Alps Publishing.  Adrian Dunleavy remains as CEO.



The move aims to dramatically increase the commercial penetration of the Ten
Alps brand using available resources.   Ten Alps Publishing, including the
acquisition below, has around 280 staff, almost 50,000 advertisers annually,
management of around 370 publications and a strong position in business to
business and public sector media.



Acquisition



Ten Alps Publishing yesterday purchased the entire issued equity in specialist
media company Cameron Publishing Limited ('Camerons') for an initial
consideration of £400,000, plus a further amount of up to £400,000, conditional
on the achievement of profit targets in the period from acquisition to March
2007.  If the earnout target was fully met, the total consideration would equate
to a multiple lower than three times earnings during the earn out period.
Gateshead-based Camerons has 47 staff and in the financial year ending 31
January 2006 had turnover of £2,276,000.   The acquisition was funded out of Ten
Alps' existing cash resources.



Camerons' titles include ten publications across the national and local Chamber
of Commerce market.  (One of Ten Alps' long-term aspirations is a UK commerce
internet TV channel).  There are also projects for English Nature, National
Parks Authority and a range of titles in the leisure and corporate sectors.



Ten Alps Broadcast is also currently in substantive talks regarding possible TV
production company acquisitions.



Overview and further opportunities



Ten Alps Chief Executive Alex Connock will continue to focus on the group's
strategy and growth opportunities:



'Ten Alps exploits the 'long tail' in contemporary media and this structure
gives us the light-footed capabilities we need to keep growing.



At the same time we aim to achieve a step-change in our brand's profile and
commercial management.  The operational integration with McMillan Scott has gone
well.  Now we are looking to build on that.'



Forthcoming results



Ten Alps Plc will provide a notice of the announcement date for its interim
results to September 30, 2006 and an accompanying analyst presentation, in due
course.



Contacts



Park Green Communications

Paul McManus

020 7786 9600



Ten Alps Plc

Alex Connock

01625 667515



Ten Alps Publishing

Adrian Dunleavy

01625 667515



www.tenalps.com


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