Acquisition

RNS Number:9010Y
Tinopolis PLC
25 June 2007


Tinopolis PLC

25 June 2007


                   TINOPOLIS PLC ("TINOPOLIS" or the "GROUP")

                     ACQUISITION OF APP BROADCAST LIMITED


Tinopolis, the AIM listed television and new media producer, is pleased to
announce that it has reached agreement to acquire the entire issued share
capital of APP Broadcast Limited ("APP") from two individuals for an initial
consideration of #1.05 million in cash and 539,084 Tinopolis ordinary shares of
2 pence each ("Ordinary Shares") (the "Initial Consideration"). The cash
consideration will be met from the Group's existing cash balances. A further
deferred consideration of up to #550,000 may be payable in January 2008
depending on the profitability achieved by APP in the year to December 2007 (the
"Deferred Consideration").

The Ordinary Shares included in the Initial Consideration are to be transferred
by Tinopolis out of treasury. Tinopolis has therefore today transferred 539,084
ordinary shares from treasury and, following such transfer, hold 3,983,614
ordinary shares in treasury and has an issued share capital (excluding shares
held in treasury) of 95,339,306.

Ordinary Shares required to settle the Deferred Consideration (if any) may be
either new shares or shares transferred from Treasury.

APP Broadcast has a global reputation for taking the coverage of sailing to an
international audience. The company has been responsible for the television
production and distribution of Ellen MacArthur's record breaking voyages, has
provided host broadcaster services for major international events and has
delivered television news and programming worldwide.

APP Broadcast has just completed a 12-part Channel 4 series (Ocean!) and
distributes programming to over 140 countries every month. APP Broadcast also
has long term and successful broadcast partnerships with leading international
brands including Omega, Allianz, and Volvo.

In the year ended 31 December 2006 APP generated turnover of #1.53 million and
EBIT of #290,000. At the end of May 2007, APP had no debts and cash balances of
#580,000 which will remain in the business following completion of the
acquisition.

Ron Jones, Executive Chairman of Tinopolis says: "Buying APP is in line with our
strategy of acquiring businesses which complement the Tinopolis Group. APP's
sports production and distribution expertise and excellent relationships with
global brands make it a perfect fit with our existing sports division Sunset +
Vine, which has just won a second contract to produce and distribute coverage of
the Volvo Ocean Race.

The two companies will be able to leverage their new scale and relationships
with big brands to increase our work in the advertiser funded area and build up
a global sports news business. APP will also work with Tinopolis interactive to
maximize the new media opportunities around our sailing coverage."

Richard Simmonds, joint MD of APP says: "'Joining Tinopolis will enable us to
take our business strategy to a new level - to develop the sailing and adventure
business, and expand our news division. Scale, new global distribution
opportunities, an innovative and bold approach to production and a commitment to
quality are all factors that will enable us to improve the service and output to
our existing clients as well as developing new areas of business.  A major
factor in the success of our business has been our passion for what we do. We
see the same passion in the team at Sunset + Vine which has been underlined by
the number of awards the company has won for innovation and production
excellence."



For further information, please contact:

Ron Jones Arwel Rees
Executive Chairman Managing Director
Tinopolis plc Tel: [phone]

Mantra Public Relations 020 7438 4910
Lawrence Dore / Nick Bishop,
[e-mail] / [e-mail]

Notes to editors:
Tinopolis plc


The Tinopolis Group is one of the United Kingdom's leading independent
television production companies, with more than 2500 hours of programming
broadcast each year. Established in 1989 and based in Llanelli, the Group has
production centres in London, Glasgow and Cardiff. Its production brands include
Mentorn, Sunset + Vine, Folio, Fiction Factory, Pop 1, Dave Edwards
Entertainment Mediaand Tinopolis. Tinopolis is also one of Britain's leading new
media producers. The company produces a range of interactive, training and
education materials for clients including the Ministry of Defence, the
University for Industry, the WDA, Scottish Enterprise, the BBC and ACCAC in
addition to other government and public authorities in the UK and corporate
organisations worldwide. In May 2007, the company acquired the Video Arts Group.
One of the UK's leading producers and distributors of training videos.


Sunset + Vine, which is owned by Tinopolis PLC, is the UK's leading independent
television sports producer. Providing more than 2000 hours of television a year,
Sunset + Vine's output includes overnight sport and live football for Five,
horse racing for the BBC, Tour de France cycling for ITV and extensive gaming
coverage for Challenge. Sunset + Vine is a world leader in Advertiser Funded
Programming, through brands including the weekly Gillette World Sport magazine
programme which is distributed to around 200 countries worldwide.






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

END
ACQILFVRRVIFFID