AGM Statement

    28 FEBRUARY 2008

                                 ADWALKER PLC                                  

                         ("ADWALKER" OR "THE COMPANY")                         

                                 AGM STATEMENT                                 

                          New Licensing model launched                          

       Senior industry specialists appointed as Non-Executive Directors        

              Updateon FTSE 100 FMCG Interactive Screen Roll-Out               

At the Company's Annual General Meeting being held at 10.00a.m. today in
Dublin, Simon Crisp, Chief Executive, will make the following statement to
shareholders regarding the Company's key developments:

"KEY POINTS

  * Revised strategy for Adwalker Wearable Media & Interactive Digital Screen
    Networks;
   
  * Appointment of senior media industry BoardDirectors;
   
  * FTSE 100Fast Moving Consumer Goods (FMCG) progress; and
   
  * Strengthened client list in the first quarter of 2008 with completed 
    campaigns for Panasonic UK, Guinness, Gameloft UK , CW Network, Twenty 20
    Cricket and Nintendo of America.
   
Strategy update

Following a business review carried out by the Board at the end of 2007, the
Company is pleased to announce that it has launched "Adwalker VAR (Value Added
Reseller)'. The new model will allow global companies to lease, on a long term
licence basis - typically 6-12 months, the Adwalker wearable media units. The
new model is designed to offset the variable nature of the Company's current
sales model and extend the Company's geographic market for the platform without
incurring additional headcount and resource costs in those countries.

The model was launched in January 2008 and the Company has already seen
significant interest. The Company has signed two licenses with companies
situated in Australia and New Zealand and is advanced stages of discussions
with several companies in other geographic areas.

Strengthened Client List

In the first eight weeks of the year the Board is pleased to announce completed
client campaigns for Panasonic UK Ltd, Guinness in Hong Kong, Italy, Ireland
and the UK, Game Group Plc, CW Network, Twenty 20 Cricket and Nintendo of
America Inc.

Board Appointments

I am delighted to be able to announce that Mr Alan Rutherford and Mr Eric
Newnham, two well-known and highly experienced industry leaders have been
appointed to the Board as Non-Executive Directors with immediate effect.

Alan Rutherford is currently the CEO of Digitas Global, a division of one of
the worlds largest marketing services group, Publicis Groupe plc. Alan leads
the agency's expansion into major new markets around the world, building
relationships with global clients and leveraging the agency's expansion
platform businesses, which include Digitas' agencies, media operations,
technology division and Prodigious Worldwide.

Prior to joining Digitas Global, Alan was VP of Global Media for Unilever plc.
Prior to joining Unilever in 1998, Alan served as a Director at Ogilvy and
Mather Europe

Eric Newnham is the Global CEO of Kinetic Worldwide Group Ltd, the world's
leading out-of-home media agency. In April 2005, Eric spearheaded the creation
of Kinetic, a merger between media groups Poster Publicity Holdings Ltd and
Portland Ltd which is now 50 per cent. owned by Kinetic's management team and
50 per cent. by marketing services group WPP Group Plc. Kinetic Worldwide has
rapidly expanded and now has a number of expert divisions, a network of 42
offices worldwide.

Eric's early career included positions at leading media companies Out Of Home
advertising & media industry including Leo Burnett and Horizon Outdoor. In 1988
Eric was appointed managing director of WPP's Portland before leaving to join
Poster Publicity.

FMCG Update

As previously announced, in July 2007 the Company commenced a pilot study on
behalf of a FTSE 100 FMCG company for the rollout of an interactive fixed
screen digital network. The Board can confirm that the results from the six
month pilot study have been very encouraging and the Company is currently in
negotiations regarding an initial roll out of the network into retail stores.

The Board looks forward to updating shareholders on the progress of these
discussions in the near future.

The Company continues to apply the technological expertise gained from the
creation of its wearable digital media platform into the development of
interactive digital screen networks. The global relationship forged with IBM,
as an accredited business partner, has enabled the Company to develop the
target business channel for these types of networks more effectively. The
Company is currently in early stage discussions with companies based in North
America and Ireland for the provision of four separate interactive digital
screen networks.

Outlook

The Board of Adwalker is encouraged by the interest seen in the new licence
model for the Adwalker wearable media platform and is optimistic that the good
start in the first weeks of 2008 can be maintained.

The Company has worked extremely hard to deliver the FMCG Pilot Study over the
last 16 months and we are delighted that the results have led to negotiations
regarding a rollout. While there can be no guarantee of concluding discussions
with the FMCG company or the other companies that have expressed interest
regarding interactive fixed screen networks, the Board remains confident that
the Company will make further progress in this area in 2008.

I am privileged to be able to announce the appointment of our two new
non-executives who both have a demonstrable track record in the media and
advertising industry. I look forward to working with them in the future and I
am sure that their advice and knowledge will be beneficial to the Company.

The Company is entering a particularly exciting phase of its development and I
look forward to updating shareholders further in the coming year."

                                   --ENDS--                                    

Enquiries:

Adwalker plc Tel: [phone]

Simon Crisp

www.adwalker.com

Bishopsgate Communications Ltd. Tel: [phone]

Dominic Barretto Mobile: [phone]

Gemma O'Hara

www.bishopsgatecommunications.com

John East & Partners Limited Tel: [phone]

Simon Clements/David Worlidge

www.johneastpartners.com

Notes:

Adwalker is a digital media company specialising in the provision of multimedia
digital platforms, which include, fixed screen digital networks and the
patented Adwalker wearable media.

The Adwalker mobile out-of-home, interactive media platform is an advertising
and media platform which is worn by its operators ('Adwalkers') as a compact
body pack incorporating a LCD screen, wearable computer, touch screen and
printer, enabling services and applications which include brand advertising,
point-of-sale, data capture and promotions.

Further information required under the AIM Rules:

Mr Newnham currently holds 2,015,000 ordinary shares in the capital of the
Company, representing 0.76 per cent. of the Company's issued share capital.

Mr Alan Seymour Rutherford (aged: 47) and Mr Eric Robert Newnham (aged: 48)

Listed below are the names of the companies of which Mr Rutherford and Mr
Newnham have been a director or partner at any time in the past five years:

Mr Rutherford

Other Directorships / Partnerships      Former Directorships held within       
Currently Held                          previous 5 Years                       
                                                                               
                                        The Graylings Management Company       
                                        Limited                                

Mr Newnham

Other Directorships / Partnerships      Former Directorships held within       
Currently Held                          previous 5 Years                       
                                                                               
Kinetic Worldwide Limited               Total Premium Limited                  
                                                                               
Aviator Media Limited                                                          
                                                                               
Poster Publicity Holdings Limited                                              
                                                                               
Cecilon Limited                                                                
                                                                               
Outdoor Connection Limited                                                     
                                                                               
En Alpha Limited                                                               
                                                                               
Onezeroone Media Limited                                                       
                                                                               
Kinetic Worldwide Group Limited                                                
                                                                               
Primeads Interantional Limited                                                 
                                                                               
Signposter.com Limited                                                         

Save as disclosed below, there are no further details required to be disclosed
pursuant to schedule 2(g) of the AIM Rules.

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ABC                                                                          



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