Deal Group Media PLC 28 August 2007 Press Release 28 August 2007 Deal Group Media plc ("DGM" or "the Group") Trading update and Placing Deal Group Media plc (AIM: DGM), an independent online marketing group, today releases a trading update ahead of its Interims Results which are expected to be announced in September 2007. Overseas trading in the current year has been encouraging, while the investment made in the Asia Pacific business has started as planned. The Group is already seeing exciting opportunities for the provision of complete digital solutions to clients in Asia Pacific from its recently launched regional base in Singapore. Trading in the UK has been profitable, however below DGM's potential. Whilst the Group is expecting to report a full year loss for the year ending 31 December 2007, it expects that this will be reduced from the loss reported in 2006. We are confident that the Group will return to profitability in 2008. DGM is also pleased to announce that it has raised £850,000 via a placing of 34,000,000 new Ordinary Shares at 2.5 pence per share. The proceeds of the Placing will be used to provide working capital and enable the Group to execute the continued expansion strategy in the Group's Asia Pacific operations. Adrian Moss, CEO of DGM, said: "We are delighted with the support demonstrated by new and existing shareholders and we are excited about building on the new strategy outlined In the Preliminary Results in April 2007." Application has been made to the London Stock Exchange for the new Ordinary Shares to be issued pursuant to the Placing to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and that dealings will commence at 8.00 a.m. on Monday, 3 September 2007 in respect of the 32,000,000 Placing shares. The new Ordinary Shares to be issued pursuant to the Placing will, when issued and fully paid, rank pari passu in all respects with the existing Ordinary Shares of DGM and will be issued subject to the memorandum and articles of association of DGM. -Ends- For further information, please contact: Deal Group Media plc Adrian Moss, CEO Tel:+44 (0) 20 7943 4220 Evolution Securities Limited Tom Price, Corporate Finance Tel: +44 (0) 20 7071 4300 Chris Clarke, Corporate Finance www.uk.evosecurities.com Abchurch Communications Ariane Comstive/Franziska Boehnke Tel: +44 (0) 20 7398 7700 ariane.comstive@abchurch-group.com www.abchurch-group.com franziska.boehnke@abchurch-group.com Notes to Editors Deal Group Media plc is an independent online media-marketing and technology group, which provides a range of stand alone and multi-channel marketing solutions including: affiliate marketing, search marketing, email marketing, and online display advertising. The Group works alongside advertisers and online partners to help them achieve their e-business objectives specifically return on investment (ROI). Deal Group Media's delivery is powered by sophisticated technology which includes the Group's proprietary software, dgmPro. Deal Group Media currently employs over 100 staff worldwide in offices in the UK, South Africa, Australia, New Zealand, Singapore and India. The Group operates across the spectrum of vertical sectors and its clients includes Avis, Dell, Demon, nPower, Pipex, Sainsbury's Bank, Sky, Virgin, Vodafone, and The World Wildlife Fund. More information is available at www.dealgroupmediaplc.com This information is provided by RNS The company news service from the London Stock Exchange