Silverback Media PLC

Silverback Media PLC

January 09, 2008 09:28 ET

Silverback Media Plc: New Shares in Issue

TORONTO, ONTARIO--(Marketwire - Jan. 9, 2008) - Silverback Media Plc (PLUS:SBMP)(FRANKFURT:SVD) today announces that it has issued 4,102,632 new ordinary shares of GBP 0.01.

1,542,632 of the new ordinary shares were issued pursuant to the Cellcast Interactif acquisition in 2006. The remaining 2,560,000 new ordinary shares were issued at USD 0.40 through private placement agreements for working capital purposes. All newly issued shares will rank pari passu with existing shares.

The total number of shares now in issue is 33,607,101.

The Directors of Silverback Media Plc accept responsibility for this announcement.

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