Acquisition Update

RNS Number:9399U
Virtue Broadcasting PLC
03 February 2004


VIRTUE BROADCASTING PLC

3 February 2004

ACQUISITION UPDATE OF KAMERA HOLDINGS AB

Virtue Broadcasting Plc ("the Company") announces that, pursuant to its offer
for Kamera Holdings AB ("Kamera") being declared unconditional in all respects
on 9 January 2004, the board has authorised the issue and allotment of a further
3,593,032 new ordinary shares of 0.1 pence each.

These shares represent those valid acceptances which the Company has received
from Kamera shareholders between 9 January 2004 and 2 February 2004. Application
will be made for the new shares to be admitted to AIM and trading in the new
shares is expected to commence on 6 February 2004.

ENDS

For further information please contact:

Virtue Broadcasting Plc
James Ormondroyd, Finance Director
Tel: +44 (0) 20 7785 6000



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

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