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Medal Ent&Med (MME)

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Tuesday 03 September, 2002

Medal Ent&Med

Holding(s) in Company

Medal Entertainment & Media PLC
03 September 2002

3 September 2002
For immediate release

                        Medal Entertainment & Media plc

                               Holding in Company


Medal Entertainment & Media plc ('Company') advises that it has received the
following notifications from Friends Ivory & Sime plc and from Singer &
Friedlander AIM 3 Venture Capital Trust of holdings in the Company.  In all
cases, interests have arisen as a result of Ordinary Shares acquired at a price
of 70 pence each as part of the Company's placing for cash completed on 30
August 2002.

The Company was notified yesterday that Friends Ivory & Sime plc ('FIS') is
interested in 1,714,285 Ordinary Shares of 10 pence each in the capital of the
Company representing approximately 18.75 per cent. of the entire issued ordinary
share capital.

The interest of FIS includes the material interests of the clients of FIS
referred to below:


                                                                  % of issued                      Name of
Name of client                         No. of shares            share capital            registered holder

The AIM VCT2 plc                             428,571                     4.69           Chase Nominees Ltd

The interest of FIS includes the material interests of the clients of ISIS Capital plc referred to below:


                                                                  % of issued                      Name of
Name of client                         No. of shares            share capital            registered holder

Baronsmead VCT2 plc                          514,286                     5.62           Chase Nominees Ltd
Baronsmead VCT3 plc                          514,286                     5.62           Chase Nominees Ltd



In addition, FIS, as the holding company of the company(s) referred to in the
paragraph(s) above, is also interested in the Ordinary Shares referred to above.
  Furthermore, Friends Provident Life Office, as the holding company if FIS, is
also interested in the Ordinary Shares referred to above.

The Company was notified today that Singer & Friedlander AIM 3 Venture Capital
Trust is interested in 635,143 Ordinary Shares of 10 pence each in the capital
of the Company representing approximately 6.95 per cent. of the entire issued
ordinary share capital.


Enquiries:

Michael Mercieca
Finance Director & Company Secretary
Medal Entertainment & Media plc
T: 020 7434 4596


                      This information is provided by RNS
            The company news service from the London Stock Exchange