Acquisition/Board Appointment

RNS Number:4641Y
CityBlock PLC
15 June 2007

15 June 2007


       CITYBLOCK PLC ANNOUNCES ACQUISITION OF SPRINGDOO LTD (NEW ZEALAND)
                                       &
                               BOARD APPOINTMENTS

CityBlock plc ("CityBlock" or the "Company") announces the acquisition of
Springdoo Ltd (New Zealand) ("Springdoo"), a video communication company (the "
Acquisition").

The Acquisition will be satisfied by the issue of 3,200,000 new ordinary shares
of 0.5p each in the Company ("Ordinary Shares"). In addition, CityBlock will
assume the net liabilities of Springdoo of NZ$ 495,000 (approximately #183,333).
Application will be made for the new Ordinary Shares to be admitted to trading
on AIM and dealings are expected to commence on 21 June 2007 ("Admission").
Following Admission there will be 25,042,097 Ordinary Shares in issue.

Springdoo's main products are as follows;
          
     *    springMail: an easy to use video email service;

     *    springBlog: an easy to use video blogging service;

     *    springCast: allows a user the ability to broadcast and communicate
          using video; and

     *    springMob: allows a user to record video direct from their 3G mobile
          phone via a 5 digit video short code and automatically add video clips 
          to a website.

During the period to 31 March 2006, the turnover of Springdoo was NZ$1,551
(approximately #575) with an operating loss of NZ$577,465 (approximately
#213,924). Total Assets of Springdoo at 31 March 2006 were NZ$641,745
(approximately #237,737).

Martin Higginson, Chairman of CityBlock commented; "The acquisition of Springdoo
is a milestone event for CityBlock. It marks the Company's entry into the mobile
and Internet space with what the board believes is an exciting piece of
technology. The directors believe that, at some point in the future, PC and
mobile Internet systems will converge; Springdoo allows the user to use both
these technologies together in a very easy to use manner."

Board Appointments

The Company is also pleased to announce the following board appointments:

Lee Joseph Dudack, age 42, ACA, has accepted an invitation to join the board of
directors as Chief Financial Officer with immediate effect. Until September
2006, Lee was CFO of Rubberduck Media Lab Ltd, which was sold to Aspiro AS. Lee
was previously Finance Director of Monstermob Group plc. Between 1997 and 2000,
Lee was Group Finance Director of Interoute Telecommunications plc (AIM quoted
1996-1997). Prior to Interoute, Lee was a partner with Clark Whitehill,
Chartered Accountants.

Adam Robert Freeman, age 29, has accepted an invitation to join the board of
directors as Chief Operating Officer with immediate effect. Adam was formerly
CEO of Phunky Phones which had over 1,000,000 registered members wordwide and
was acquired by Monstermob Group plc in 2004.

Lee Dudack is currently a director of the following companies:

S G Technologies Limited
Springdoo Limited (UK)

Lee Dudack has been a director of the following companies during the past five
years:

Frictionfury Limited
Kast Mobile Limited
Monstermob Group plc
Monstermob Limited
Rubberduck Media Lab Limited
Greenfield Care Homes Limited
Digital Box Limited
Illustrious Lounging Limited
Ugo Foods Limited
Phunky Limited
M-Quest Limited
Curzon Square Limited

No further disclosures are required under Schedule 2 paragraph (g) of the AIM
Rules for Companies.

Adam Freeman is currently a director of the following company:

Yohada Limited

Adam Freeman has been a director of the following company during the past five
years:

Phunky Limited

No further disclosures are required under Schedule 2 paragraph (g) of the AIM
Rules for Companies.


For further information, please contact:

CityBlock plc
Martin Higginson, Chairman                                    Tel: [phone]

Redleaf Communications
Duncan McCormick/Emma Kane                                    Tel: [phone]




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
ACQOKPKDQBKDDAD