Media Corporation PLC
Media Corporation plc ('the Company')
10th November 2008
Media Corp (AIM:MDC), a leading internet media and advertising Group, announces
that on 7th November 2008 the Group purchased 200,000 ordinary shares of 1p each
in the capital of the Group at a price of 2.22 pence per share. Media Corp
intends to hold the purchased shares in treasury.
The purchase equates to approximately 0.075% of the Group's current total issued
Following this transaction, Media Corp has 266,737,298 ordinary shares in issue
and 25,190,000 ordinary shares in treasury.
The total number of voting rights in, and the figure to be used by shareholders
as the denominator for the calculations by which they will determine whether
they are required to notify their interests in, or changes to their interest in,
Media Corp under the FSA's Disclosure and Transparency Rules is 266,737,298.
For further information please contact:
Media Corporation plc
Justin Drummond, Chief Executive
Nilesh Jagatia, Group Finance Director + 44 020 7618 9000
Daniel Stewart & Company plc
Simon Leathers Tel: + 44 0 20 7776 6550
Notes to editors:
Listed on the AIM market of the London Stock Exchange, Media Corp is a leading
internet media and advertising group focused on website publishing and online
The Group has two principal divisions:
Advertising Network - Formed in 1996, Eyeconomy specialises in mass reach
campaigns to over 32 Million unique consumers per month via its own proprietary
ad-serving and tracking technology for clients including AOL, Dell and American
Website Publishing - Media Corp has a diverse publishing division specializing
in online media. Our impressive portfolio of websites includes a number of
market leading sites including www.gambling.com, www.onthebox.com,
www.sport.co.uk, www.creditcardexpert.co.uk and www.flightcomparison.co.uk.