Result of AGM, General Meeting and Issue of Equity

CERES MEDIA INTERNATIONAL PLC                         

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

               Result of AGM, General Meeting and Issue of Equity                

At the Annual General Meeting and General Meeting of the Company, held earlier
today, all resolutions were duly passed.

Placing

The Placing (announced on 19 February 2013) of 55,000,000 new ordinary shares
("Placing Shares") at a price of 0.5 pence per share has become unconditional.

Conversion

The Company has agreed with certain creditors, amounting to £35,066.67, to
issue shares in the Company in lieu of liabilities owed to them. The Company
has issued 7,013,334 ordinary shares at a price of 0.5 pence per share (the
"Conversion Shares") in respect of these liabilities.

Application for admission of the Placing Shares and the Conversion Shares has
been made to the London Stock Exchange which is expected to occur on 15 March
2013.

Subsequent to the share issues noted above, the Company's share capital
comprises 125,387,295 ordinary shares of 0.1 pence each.

Enquiries:

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