Issue of Equity

RNS Number:2172D
Maverick Entertainment Group PLC
18 May 2006


                        Maverick Entertainment Group plc

                                    Placing

Maverick Entertainment Group PLC ("Maverick" or "the Company"), the AIM listed
company specialising in the creation, acquisition and development of IPR in
children's films, television programmes, characters and related entertainment
products, is pleased to announce that it has raised #120,000 through a placing
of 60,000,000 new ordinary shares at 0.2p per share ("Placing Shares"). This
will provide the Company with additional working capital.

Application has today been made for the admission of the Placing Shares to
trading on AIM. The Placing Shares will rank pari passu with the existing
ordinary shares of the Company. Dealings in the Placing Shares are expected to
commence on Wednesday 24 May 2006.

For further information please contact:

Mike Diprose/Sookra Raveendran     Lulu Bridges               Mark Percy
Maverick Entertainment Group PLC   Tavistock Communications   Seymour Pierce
                                   Ltd
Tel: 01844 260 858                 Tel: 020 7920 3150         Tel: 020 7107 8000
Email:                             Email:
info@maverickentertainment.co.uk   lbridges@tavistock.co.uk




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

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