TWT 2Waytraffic

RNS Number:4463Q
2waytraffic N.V.
19 March 2008


OFFER UPDATE

 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR
  FROM THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, OR JAPAN OR ANY OTHER
JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF
                               SUCH JURISDICTION

FOR IMMEDIATE RELEASE

19 March 2008

                             Recommended cash offer

                                       by

                              2JS Productions B.V.

       (a wholly-owned group company of Sony Pictures Entertainment Inc.)

                                      for

                                2waytraffic N.V.


OFFER DOCUMENTATION POSTED

The offer document in respect of the offer by 2JS Productions B.V. for
2waytraffic N.V. ("the Offer Document"), announced on 13 March 2008, has been
posted to 2waytraffic N.V. Shareholders today.

Words defined in the Offer Document have the same meaning in this announcement.


Enquiries:

2waytraffic

Chris Pye, Chairman                              Tel: +44 207 908 5020

Kees Abrahams, CEO

Jeroen Tielens, CFO

Malcolm Gardner, Director, Corporate Development

Yvette Dore, Head of Press and PR


Jefferies, financial adviser to 2JS Productions and Sony Pictures Entertainment

Jonathan Norman                                  Tel: +44 207 029 8000

Zeph Sequeira

Jana Bakunina


Investec Investment Banking, NOMAD and broker to 2waytraffic

David Currie                                     Tel: +44 207 597 4000

Ben Poynter

Alexandra Calinikos

This Announcement does not constitute or form part of an offer for, or
solicitation of any offer for, or invitation to sell or purchase or subscribe
for any securities. The Offer will be made solely by means of the Offer Document
and, in respect of 2waytraffic Shares held in registered form, the Form of
Acceptance accompanying the Offer Document which will contain the full terms and
conditions of the Offer, including details of how it may be accepted.

Jefferies is acting exclusively for 2JS Productions and Sony Pictures
Entertainment Inc. and no-one else in connection with the Offer and will not be
responsible to anyone other than 2JS Productions and Sony Pictures Entertainment
Inc. for providing the protections afforded to clients of Jefferies nor for
providing advice in relation to the Offer or any matter referred to in this
Announcement. Jefferies is authorised and regulated in the United Kingdom by the
Financial Services Authority.

Investec is acting exclusively for 2waytraffic and no-one else in connection
with the Offer and will not be responsible to anyone other than 2waytraffic for
providing the protections afforded to clients of Investec nor for providing
advice in relation to the Offer or any matter referred to in this Announcement.
Investec is authorised and regulated in the United Kingdom by the Financial
Services Authority.

The availability of the Offer to 2waytraffic Shareholders who are not resident
in the United Kingdom may be affected by the laws of the relevant jurisdiction
in which they are resident. Persons who are not resident in the United Kingdom
should inform themselves of, and observe, any applicable requirements.

The Offer will not be made, directly or indirectly, in or into, and will not be
capable of acceptance in or from, Canada, Australia or Japan. In addition it is
not currently intended that the Offer will be made, directly or indirectly, in
or into, or by use of mails or any means or instrumentality (including, without
limitation, facsimile transmission, telephone or internet) of interstate or
foreign commerce of, or any facilities of a national securities exchange of, the
United States and it is not currently intended that the Offer will be capable of
acceptance by any such use, means, instrumentality or facility or from within
the United States. Accordingly, copies of this Announcement are not being, and
must not be, mailed or otherwise forwarded, distributed or sent in or into or
from the United States, Canada, Australia or Japan. Custodians, nominees and
trustees should observe these restrictions and should not send or distribute the
document in or into the United States, Canada, Australia or Japan.



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