Motion Network Holding PLC (MNH) operated a share swap over Home TV

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stock market/Media

Paris (euro adhoc) - Motion Network Holding PLC (MNH), parent company
of Motion Network TV, the first 24/7 free movie channel in Europe,
operated a share swap over Home TV, subsidiary company of Horse Creek
Entertainment AB. MNH owns 20 % of Home TV in Sweden and 65 % for the
rest of Europe.

HomeTV started in 2006 in Sweden and Norway: The launch of HomeTV
will start in Denmark and Finland soon. A huge number of marketing
activities and promotions have been implemented during the first
months of 2007. HomeTV is a part of many leading community
sites.??The Baltic States, Poland, UK and Ireland will start in 2008.
HomeTV in these territories will be launched under the trademarks
www.hometvone.com and www.hometv1.com.

Movies from Warner Bros. were launched in March 2007 in Sweden,
Norway, Denmark and Finland. Within the first six months box office
hits like "Superman Returns", "The Departed", "300", "Blood Diamond",
"Music & Lyrics" and the animated "Happy Feet" will be launched.
Negotiations with other American film companies are in progress and
distribution agreements with all seven major companies are estimated
to be concluded by the winter of 2007/2008. Distribution agreements
have been signed with Scanbox and Pan Vision. HomeTV will have full
access to Scanbox´s library of films. This includes films like Mel
Gibson´s "Apocalypto", "The Passion of the Christ and "Saw III". The
agreement with Pan Vision includes local Swedish boxoffice hits from
Sonet Film and the comedy group "Galenskaparna"s productions on films
and TV series. These agreements will give HomeTV access to additional
500-700 titles. In addition to all content mentioned above are all
Horse Creek Entertainment´s movies shown. Negotiations are taking
place with different gaming companies. Mostly among gambling in
poker, casino and sports. Under development for launch in 2008 is
hometvbetting, where the consumer can bet on different movies, actors
and other showbiz areas will be developed. This supply will make
HomeTV a unique full service content provider on the Nordic market.

Horse Creek Entertainment is in negotiations with Sony BMG / EMI /
MTV regarding screening rights to show concerts and music videos.
These deals cover live concerts from around the world as well. HomeTV
will under 2008/2009 supply the market with content straight to the
mobile telephone. The mobile phones and nets of today make it
possible to distribute content straight to your phone. With its
participation in Home TV, MNTV pursue its strategy of "Thinking
global, acting local. MNH intend to implement the international
rollout of the HomeTV products through linkage with MNH´s local
partners. In all countries where MNH broadcasts, HomeTV will be able
to offer VOD services with both local market films and films common
to all markets. In addition MNH will work with HomeTV to expand its
VOD internet platform to fit a more global e-commerce model revolving
around entertainment.

MNH will also expand the internet platform for VOD to fit a more
global e-commerce revolving around entertainment . Home TV VOD Portal
is a global platform locally customizable to fit in domestic markets.
It complements MNH in reaching the all media scope and placing itself
on all the film rights business range.

MNH´s acquisition of the participation in HomeTV combines MNH's
European partner network with a world-class range of VOD content
delivered by HomeTV.

About Motion Network Holding Plc ("MNH") MNH operates in the sector
of communication and provides B2C and B2B services in the area of
Television, IPTV, Internet, media content production and post
production, software and retail. MNH operating services cover mostly
Europe, Far East and the US. MNH's wholly owned Luxembourg subsidiary
Motion Network TV ("MNTV") is the main group company that operates as
a pan European film and music dedicated TV channel. For further
information visit http://www.motionnetworktv.com. About Horse Creek
Entertainment AB Horse Creek Entertainment AB (publ) was founded in
1989. The Company has its core business in sales of DVDs and sales of
movie rights of more than 1,000 titles in different windows (as
theatrical, video, payTV and pay-per-view). ??Some of the Company´s
clients are TV4, Viasat, discshop.se, ginza.se and Music Service.
Horse Creek has the biggest players in each distribution arm as loyal
clients.?? The current management bought the Company in 2002. ??Horse
Creek Entertainment AB has today three different divisions: HomeTV
(video on demand thru streaming, VoD)?, Sales of DVDs?, Sales of Film
rights. For further information visit http://www.hometvint.com/

end of announcement euro adhoc
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ots Originaltext: Motion Network TV
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Christophe Kourdouly

Telefon: +33 1 72 100 214

E-Mail: christophe@antetimeprod.com

Branche: Media
ISIN: GB00B291K520
WKN: A0M910
Börsen: Börse Frankfurt / Open Market