Issue of Equity

CERES MEDIA INTERNATIONAL PLC                         

                   ("Ceres", "the Company" or "the Group")                   

                                Issue of Equity                                

The board announces that it has issued and allotted 194,444 new ordinary shares
in the Company at a price of 18 pence per share in lieu of an outstanding
liability. Following the issue of equity the Company's share capital comprises
31,973,961 ordinary shares of 1 pence per share.

The 194,444 new ordinary share rank pari passu with the existing ordinary
shares. Application for the 194,444 new ordinary shares has been made to the
London stock Exchange, trading in these shares on AIM is expected to commence
on or around 13 February 2012.

For further information, please contact:

Ceres Media International PLC                               Tel: [phone] 
Alex Dowdeswell                                                                
Leslie Barber                                                                  
                                                                               
Nominated Adviser                                           Tel: [phone] 
Cairn Financial Advisers LLP                                                   
Jo Turner / Liam Murray                                                        
                                                                               
Broker                                                      Tel: [phone] 
First Columbus LLP                                                             
Chris Crawford / Kelly Gardiner                                                
                                                                               
Financial PR                                                Tel: [phone] 
De Facto Financial                                                             
Mike Wort / Anna Dunphy