IFTV France and MNH operates share swap

--------------------------------------------------------------------------------
ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
--------------------------------------------------------------------------------

stock market

Paris (euro adhoc) - 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 IF Television, a French
TV broadcaster with all government authorizations and Licenses. IFTV
will operate early January on satellite, cable, ADSL and offers
movies programmes from recent productions. The deal consists in
shares cross sharing; MNH will acquire 25% of IFTV. IFTV will acquire
10% of MNH. IFTV has been evaluated at 25M euros according to Bryan
Garnier fund analysts or two times revenues and will broadcast over
French speaking territories and on mid term in Latin America. The
business model is quite different as soon as IFTV is a pay TV with a
subscription model. The aim is to reach 300 000 subscribers for the
Year 1, with a subscription price of 5 euros monthly, the actual
breakeven of IFTV is 10M euros/year Synergies are numerous, Decrease
of the risks connected to the production of News content, Film
acquisition?s network to be shared, VOD exploitation in French
speaking territories starting in January, easier financing solutions
thanks to a better valuation of the joint venture and new territories
to be exploited in South America; the Management of IFTV, Mr Daniel
Castro (ex Tribeca Films studio NY) has been working for the past
thirty years as manager of different media companies in Latin and
North America. MNH and IF television will cooperate firstly on
financing, IFTV brings its equity fund on the table and MNH will
bring its bank financial engineering giving a 20M euros fundraising
before the end of the year. MNH will start broadcasting in Ukraine
December 15th. Territories of Russia, Croatia, Serbia, Bosnia and
Slovakia will follow early January.

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 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 IFtelevision IF television was founded in 2007. The Company has
its core business in pay TV and pay-per-view). The management has
been authorized to broadcast in France, Belgium, West Africa and
Switzerland. The programmes are feature films from independent
producers worldwide and film News. Today IF television owns the
broadcast rights for 300 films. For further information visit
http://www.iftelevision.com/

end of announcement euro adhoc
--------------------------------------------------------------------------------

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