Issue of Equity - Conversion of Debt, Directors...

CERES MEDIA INTERNATIONAL PLC                         

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

            Issue of equity - conversion of debt, Directors dealing            

The Company announces that directors have converted £51,000 of liabilities owed
to them into 10,200,000 ordinary shares in the Company at a price of £0.005
pence per share (the "Conversion") as set out below:-

               Name Shares acquired by  Shares held  Total number   % of issued
                            way of the     prior to     of shares share capital
                            Conversion   Conversion          held subsequent to
                                                    subsequent to           the
                                                              the    Conversion
                                                       Conversion              
                                                                               
Alex Dowdeswell              5,400,000    9,144,346    14,544,346         11.5%
                                                                               
Leslie Barber                3,000,000    5,203,089     8,203,089          6.1%
                                                                               
Clive Garston                1,800,000    1,562,938     3,362,938          2.5%

The new ordinary shares will rank pari passu with the existing ordinary shares.

Application for the new ordinary shares has been made to the London Stock
Exchange, trading in the new ordinary shares is expected to commence on or
around 8 August 2013.

Following the above issue of equity the Company has 135,587,295 ordinary shares
of 0.1 pence in issue.

End

For further information, please contact:

Ceres Media International PLC                        Tel: [phone]
Alex Dowdeswell/Leslie Barber                                  
                                                               
Nominated Adviser, Cairn Financial Advisers          Tel: [phone]
Liam Murray/Jo Turner                                          
                                                               
Broker, XCAP Securities PLC                          Tel: [phone]
Jon Belliss / Adrian Kirk