Trading Statement

RNS Number:8320B
Medal Entertainment & Media PLC
24 April 2006

Embargoed for release at 7.00 a.m.

24 April 2006


                        Medal Entertainment & Media plc

                             ("MEM" or "the Group")

                                 Trading update


MEM, an established media company, engaged in television production and DVD
distribution, is today updating the market on the Group's current trading.  The
directors of MEM ("Directors") expect to announce the Company's preliminary
results for the year ended 31 March 2006 on or around 6 July 2006.



The Board is pleased to announce that during the year the Company has continued
to show solid growth in revenues and results for the year to 31 March 2006 are
expected to be in line with market expectations.  The new year has started well
and the Directors report that the trading outlook is positive.



Since the Group's flotation in 2001, MEM has acquired two distinct divisions, a
DVD distribution business and the UK's largest fully equipped TV studio.  It has
also created a TV production business in 2004, providing MEM with a
well-diversified offering of products and services.





The Directors are providing the following divisional update:



DD Home Entertainment



DD Home Entertainment ("DDHE"), which licenses, produces and publishes DVDs has
performed well during the year to 31 March 2006 experiencing strong revenue
growth and a growing database of customers.



During the year, DDHE secured the following notable, exclusive contracts:



*         a five year licensing deal with ITV.  This key contract entitles DDHE
to manufacture and distribute DVDs via the direct marketing,  on an exclusive
basis, of the majority of existing and future programmes owned or controlled by
ITV during the term;



*         extension of its active licensing relationship with the BBC and
Fremantle; and



*         DVD distribution rights to the "Ashes" cricket series for 2005 and
2006.



Scarlet TV



MEM's TV programme production division, now reorganised under the "Scarlet TV"
brand, was the fastest growing division in the Group during the year.  It has
achieved notable success since its inception in November 2004, securing 18
commissions including Petrolheads, an audience based motoring entertainment
panel quiz show, for BBC 2.  Its debut in February 2006 achieved excellent
ratings, being second only to ITV in its timeslot, out-rating BBC1, C4 and C5
and peaking at 5 million viewers, a 14.3% audience share.



A number of new commissions are being discussed, which give the Directors
confidence on Scarlet TV's outlook.





Fountain Studios



Trading at Fountain Studios in the year to 31 March 2006 has been in-line with
the prior year with most production company clients returning with further
bookings.  The Directors are pleased to report that Fountain Studios has the
strongest order book since the facility was purchased by MEM in 2002 with
healthy booking indications for the remainder of 2006, including returning
series.





Shareholder meetings



The Directors will be meeting with a number of institutional shareholders over
the course of this week in order to update them on the Group's progress prior to
close period commencing on 6 May 2006.





For further information, please visit www.mem-plc.com or contact:

Steve Ayres                                       Richard Swindells
MEM plc                                           Nabarro Wells & Co. Ltd
Tel: [phone]                                Tel: [phone]

Katie Shelton                                     Andrew Sholl / Katie Thompson
Daniel Stewart & Co                               Portland
Tel: [phone]                                Tel: [phone]










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