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TV Commerce Hldgs (EDL)

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Friday 24 November, 2006

TV Commerce Hldgs

Trading Statement

TV Commerce Holdings PLC
24 November 2006


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

                                 Trading Update


As we said in our interim statement for the six months to June 30, 2006, the
market in which the Company operates has become increasingly regulated.

On  November 22, 2006 the Company was informed by its telephony service provider
that the Independent Committee for the Supervision of Standards of Telephone
Information Services ('ICSTIS') had issued a formal reprimand and a
fine of £25,000 in relation to a live telephony service, promoted by its daytime
show, which has since been taken off air.

Whilst trading has been profitable in the second half of the year to date, given
the increased intervention of the regulator in this market, the Directors are
concerned for the future viability of the Company's existing business model.
The Board and its advisors are, therefore, currently reviewing the options
available to the Company in relation to the preservation and return of
shareholder value.  Such options may include the possibility of taking the
Company private and delisting its shares from the Alternative Investment Market
of the London Stock Exchange.

At November 22, 2006, the Company had a cash balance of £115,000.  On the basis
that trading continues until the year end, that further fines are not
forthcoming and that current balances receivable by the Company are received in
full, the cash balance at the end of the year is likely to be approximately
£350,000.

A further announcement will be made as soon as the Board has completed its
review of the options available.

For further information, please contact:

TV Commerce
Vince Stanzione                     Tel: +44 (0) 1908 330 747

First City Financial Ltd
Allan Piper                         Tel: +44 (0) 207 436 7486

Seymour Pierce
John De Pasquale                    Tel: +44 (0) 207 107 8000


                      This information is provided by RNS
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