Notice of GM and Directorate Change

Ceres Media International plc                         

                      (To be renamed Ducat Ventures plc)                       

                                ("the Company")                                

                      Result of GM and Directorate Change                      

Results of GM

At the General Meeting of the Company held earlier today all resolutions were
duly passed. As a consequence, the Company has disposed of its wholly owned
subsidiary Ceres Media plc, and as a result will now be classified as an
Investing Company pursuant to AIM Rule 15. The Company's investing policy is
set out below.

Highlights

  * Adam Reynolds and Nicholas Nelson appointed to the Board
   
  * Name to be changed to Ducat Ventures Plc
   
  * Completion of Placing raising £285,000
   
  * Appointment of Peterhouse Corporate Finance Limited as sole broker
   
Directorate Change

The Company announces following the General Meeting that Leslie Barber, Alex
Dowdeswell and Clive Garston have resigned as directors of the Company and that
Adam Reynolds and Nicholas Nelson have been appointed as directors with
immediate effect.

Adam Reynolds (aged 51) - Executive Chairman

Mr Reynolds is a former stockbroker, specialising in corporate finance. In 2000
Mr Reynolds set up Hansard Group and listed it on AIM in 2001. Through, a
reverse takeover, this became First Africa Oil and Gas Limited, one of the most
successful listings on AIM in 2005. Since then Mr Reynolds has built, rescued
and re-financed a number of AIM companies including; Table Mountain Minerals/
Plectrum Petroleum Limited which was sold to Cairn Energy in 2007, Cielo/
Curidium Medica Limited which was acquired by Avacta, International Brand
Licensing the owner of the Admiral sportswear brand, which has become EKF
Diagnostics Holdings Plc and Medavinci which is now Orogen Gold plc. Mr
Reynolds is currently a director of EKF Diagnostics Holdings Plc, Orogen Gold
Plc, Hubco Investments PLC and Diablo Consulting Limited and Chairman of
Autoclenz Limited.

Current Directorships and Partnerships  Directorships and Partnerships in the  
                                        past 5 years                           
                                                                               
Hansard Corporate Limited               Wilton International Consulting Limited
                                                                               
Alan Bailey (Studios) Limited           Porta Communication Plc                
                                                                               
EKF Diagnostics Holdings Plc            Diablo Consulting Limited              
                                                                               
Boldwood Limited                        Marlwood Plc                           
                                                                               
Wilton International Marketing Limited  Hub Capital Partners Limited           
                                                                               
Orogen Gold Plc                         Maidborough Limited                    
                                                                               
Biolustre UK Ltd                        Charlton Consulting Limited            
                                                                               
Emotion Fitness Limited                 Hansard Group Limited                  
                                                                               
Medavinci Gold Limited                  Wilton International Management Group  
                                                                               
Reyco Limited                           TSE Brands Limited                     
                                                                               
Hubco Investments Plc                   Wallgate Group Plc                     
                                                                               
Autoclenz Group Limited                 BCOMP 415 Limited                      

Following the General Meeting and Placing Adam Reynolds has an interest over
79,196,667 ordinary shares representing approximately 9% of the issued share
capital of the Company.

In July 2008 Adam Reynolds was appointed as a Non-executive Director to
Wallgate Plc and resigned in November 2008. Administrators were appointed to
Wallgate plc in January. The estimated deficit to creditors was £419,000

In 1995, Adam Reynolds was appointed as a Non-executive Director of Greenhills
Plc and resigned in January 1996. Greenhills Plc was placed into compulsory
liquidation in March 1997, following the appointment of receivers in December
1996. Liquidators estimated that the deficit to secured creditors was in excess
of £300,000.

There are no further matters that require disclosure in relation to Mr Reynolds
pursuant to Schedule 2 (g) of the AIM rules.

Nicholas Christian Paul Nelson (aged 48) - Non-Executive Director

Mr Nelson's career spans 30 years commencing in the mid 1980s as a junior
dealer on the floor of the London Stock Exchange, through investment management
and into financial Public Relations for 13 years. Accordingly, he has developed
a close working knowledge of the stock market, its drivers and administrative
challenges.

With his broad knowledge he has assisted on several AIM and ISDX flotations
providing logistical and PR support and has been appointed to the board of
numerous early stage public companies as part of their admission to the public
markets. In all, he has held directorships with six publicly quoted companies
principally, to represent their interests in the City and amongst investors
during periods of corporate change. Mr Nelson remains on the board of Adams Plc
and is Chairman of ISDX quoted Equatorial Mining and Exploration Plc, an
investment company in the minerals sector.

Current Directorships and Partnerships  Directorships and Partnerships in the  
                                        past 5 years                           
                                                                               
Adams Plc                               Hansard Communications Ltd             
                                                                               
Equatorial Mining and Exploration Plc   DotDigital Group Plc                   
                                                                               
Nexus Financial Ltd                     Haggie Nelson LLP                      
                                                                               
NN Limited                              Special Risk Insurance Brokers Ltd     
                                                                               
                                        Nexfin Limited                         
                                                                               
                                        Rare Minerals Plc                      
                                                                               
                                        Charlton Consulting Ltd                
                                                                               
                                        Charzor Plc                            

Following the General Meeting and Placing Nicholas Nelson has an interest over
50,000,000 ordinary shares representing approximately 6% of the issued share
capital of the Company.

In 1997 a winding-up order was made against the Multimedia Factory (UK) Limited
and administered by the Official Receiver. The deficiency as regards creditors
was £44,014 and as these amounts were principally directors' loans and
expenses, no further action was taken and the company was dissolved.

Nexfin Limited was incorporated on 14 October 2010 to reserve the name. It
never traded and was dissolved some months later.

There are no further matters that require disclosure in relation to Mr Nelson
pursuant to Schedule 2 (g) of the AIM rules.

Change of Name

Shareholders have approved that the Company changes its name to Ducat Ventures
plc, a new TIDM "DVC" has been applied for and will become active once a change
of name certificate has been granted by Companies House.

Share Capital Reorganisation

Following the approval of the share capital reorganisation the par value of the
ordinary shares of the Company is £0.0001.  The Company's ISIN and SEDOL remain
unchanged as a result of the share capital reorganisation.

Placing

The Company has raised £285,000 through the issue of 712,500,000 new ordinary
shares at a price of £0.0004 per share. The net proceeds of the placing will be
used for general working capital purposes.

Application has been made to the London Stock Exchange for the 895,237,295 new
ordinary shares to be admitted to trading on AIM. Trading in these shares is
expected to commence on or around 8.00 am on 19 November 2013. The new ordinary
shares will rank pari passu with the existing ordinary shares.

Appointment of Broker

The Company announces that Peterhouse Corporate Finance Limited has been
appointed as sole broker with immediate effect.

Investing Policy

The Company's proposed Investing Policy is that the Company will either acquire
or invest in a business or businesses which have some or all of the following
characteristics:

  * strong management with a proven track record;
   
  * ready for investment without the need for material re-structuring by the
    Company;
   
  * generating positive cash flows or imminently likely to do so;
   
  * via an injection of new finances or specialist management, the Company can
    enhance the prospects and therefore the future value of the investment;
   
  * able to benefit from the Proposed Directors existing network of contacts;
    and
   
  * the potential to deliver significant returns for the Company.
   
The Company will focus on opportunities within a range of high growth sectors
worldwide such as natural resources, technology and life sciences.

Moreover, the criteria set out above are not intended to be exhaustive and the
Proposed Directors may make an investment which does not fulfil any or all of
the investment criteria if they believe it is in the best interests of
Shareholders as a whole.

Whilst the Proposed Directors will be principally focused on making an
investment in private businesses, they would not rule out investment in listed
businesses if this presents, in their judgment, the best opportunity for
Shareholders.

The Company intends to be an active investor in situations where the Company
can make a clear contribution to the progress and development of the
investment. In respect of other, more substantial investment opportunities, the
Proposed Directors expect that the Company will be more of a passive investor.

The Proposed Directors believe that their broad collective experience together
with their extensive network of contacts will assist them in the
identification, evaluation and funding of appropriate investment opportunities.
When necessary, other external professionals will be engaged to assist in the
due diligence on prospective targets and their management teams. The Proposed
Directors will also consider appointing additional directors with relevant
experience if required.

There will be no limit on the number of projects into which the Company may
invest, and the Company's financial resources may be invested in a number of
propositions or in just one investment, which may be deemed to be a reverse
takeover pursuant to Rule 14 of the AIM Rules. Where the Company builds a
portfolio of related assets it is possible that there may be cross-holdings
between such assets. The Company does not currently intend to fund any
investments with debt or other borrowings but may do so if appropriate.

Investments may be made in all types of assets and there will be no investment
restrictions.

The Company's primary objective is that of securing for the Shareholders the
best possible value consistent with achieving, over time, both capital growth
and income for Shareholders through developing profitability coupled with
dividend payments on a sustainable basis.

Change of Rule 26 website address

To reflect the Company's new name its Rule 26 website address will change to
www.ducatventures.co.uk when the Company receives its change of name
certificate, until that time the Company's Rule 26 website address will remain
as www.ceresmediaplc.com.

Total Voting Rights

In accordance with the Disclosure and Transparency Rules (DTR 5.6.1R) the
Company hereby notifies the market that immediately following Admission its
issued share capital will consist of 895,237,295 ordinary shares of £0.0001.
The Company does not hold any shares in treasury. Shareholders may use this
figure as the denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their interest
in, the Company under the FCA's Disclosure and Transparency Rules.

For further information, please contact:

Ceres Media International plc  Nicholas Nelson              [phone]
                                                                               
Cairn Financial Advisers LLP   Liam Murray / Jo Turner      [phone]
                                                                               
Peterhouse Corporate Finance   Lucy Williams/ Fungai Ndoro  [phone]
Ltd