MEDIAZEST PLC - Trading update

MediaZest Plc

("MediaZest", the "Company” or “Group"; AIM: MDZ)

Trading update

MediaZest, the creative audio-visual company, is pleased to provide shareholders with an update in respect of ongoing and new business confirmed for delivery during the financial year 2015/16. This follows the update provided with the Annual Accounts for the Financial Year ended 31 March 2015 which was announced on 24 August 2015.

Since then, the Group has secured material additional business from both Hyundai and Rockar with particular reference to two significant new projects.

Work also continues with Adidas (with projects won for two additional UK stores and another in mainland Europe) and the Group continues to complete new deployments for the Post Office Limited.

New clients gained in this period include Diesel, Molson Coors and the John Lewis Partnership. Existing clients such as Belstaff, HMV, Kuoni, TM Lewin and Samsung continue to help the Group to generate improved recurring revenue streams.

The combined total revenue value of these projects is approximately £1,000,000 almost all of which is expected to have been delivered before the end of this calendar year. We expect to undertake further projects moving forward with the majority of these clients and therefore to improve the sustainability and quality of the Group’s future revenues. It should be further noted that two of these projects include the deployment of the MediaZest Retail Analytics platform.

The Board expects to announce half year results for six months ended 30 September 2015 for the Group in November 2015, at which point the Board will give more detail on recent activities and performance.

Enquiries:

Geoff Robertson
Chief Executive Officer
MediaZest Plc                                       0845 207 9378

Edward Hutton / David Hignell
Nominated Adviser
Northland Capital Partners Limited          020 7382 1100

Claire Noyce / William Lynne / Niall Pearson
Broker
Hybridan LLP                                        020 3764 2341/ 2343

Notes to Editors:

About MediaZest

MediaZest is a creative media agency and audio visual systems integrator that specialises in providing innovative marketing solutions to leading retailers, brand owners and corporations, but also works in the public sector in both the NHS and Education markets. The Group supplies an integrated service from content creation and system design to installation, technical support and maintenance. MediaZest was admitted to the London Stock Exchange's AIM market in February 2005. For more information, please visit www.mediazest.com