Change of Adviser

03 September 2012

                         CERES MEDIA INTERNATIONAL PLC                         

                       ("Ceres Media" or the "Company")                        

                             Appointment of broker                             

Ceres Media is pleased to announce the appointment of XCAP Securities plc as
sole broker to the Company, with immediate effect.

For further information, please contact:

Ceres Media International plc Tel: [phone]
Alex Dowdeswell / Leslie Barber

Cairn Financial Advisers LLP Tel: [phone]
Jo Turner / Liam Murray

XCAP Securities plc Tel: [phone]
Jon Belliss / Adrian Kirk