Issue of Equity

    Issue of Equity
             



29 October 2007
                          Real Affinity plc
                           Issue of Equity

Real Affinity plc ("Real Affinity" or "the Company"), the AIM-listed
marketing services group, announces that it has issued a total of
150,000,000 new Ordinary shares to the vendors of Conferracom Limited
("the Vendors"), which formerly traded as Venues Unlimited ("Venues")
prior to its integration within Real Affinity Events. These shares
are part of the first tranche of the deferred consideration payable
in relation to Real Affinity's acquisition of Venues in June 2006.

The new  Ordinary shares  have been  issued at  a price  of 0.3p  per
share, equating  to  a  consideration of  �450,000,  divided  equally
between Anita Lowe and  Christopher Lowe, the  Vendors. As a  result,
each will  be  interested  in 137,500,000  Ordinary  shares  of  Real
Affinity, equivalent to 4.05% of the enlarged 3,398,188,456  Ordinary
shares in issue.

The Directors of the Company are  pleased to report that the  audited
profit after tax of Venues for the year ended 31 March 2007  amounted
to �280,237,  substantially in  excess of  the �210,000  required  to
trigger payment of the deferred consideration for that year. In light
of the additional  responsibilities associated with  the wider  group
role now being played by Anita Lowe as head of Real Affinity  Events,
the Directors have agreed  with the Vendors  that the final  deferred
consideration payable of  �500,000 (comprising �300,000  in cash  and
�200,000 in new Ordinary shares) will not be contingent upon Venues's
profits after tax in respect of the year ended 31 March 2008 being at
least  �280,000.  The  amendment  to   the  terms  of  the   deferred
consideration is considered to be  a related party transaction  under
the AIM Rules for Companies. The Directors, having consulted with  HB
Corporate,  the  Company's  Nominated  Adviser,  consider  that   the
amendment is fair and  reasonable so far as  the shareholders of  the
Company are concerned.

Application has been made for  the new Ordinary shares, ranking  pari
passu in all respects, to be admitted to trading on AIM. Admission is
expected to become effective on 1 November 2007.

John Ross, Executive Chairman, commented:

"It is very pleasing  that Venues has  achieved its initial  earn-out
target of  �210,000 after  tax,  which reflects  the focus  that  the
management team has  placed on  maximising the  synergies within  our
event management and corporate  hospitality activities. On the  basis
of recent trading, I am confident that Venues will meet the  original
target of �280,000 after tax for the current year to 31 March 2008."

For further details, please contact



Real Affinity plc                             Tel:  0113 290 8730
Brent Fitzpatrick, Non-executive Director

HB Corporate                                  Tel:  0207 510 8600
Edward Hutton / Rachel Kane

Bankside Consultants                          Tel:  0207 367 8888
Michael Padley / Susan Scott

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