VTB Virtue Broadcst

RNS Number:2856Z
Virtue Broadcasting PLC
02 June 2004

Embargoed Release: 07:00hrs Wednesday 2nd June 2004

                                                
                            Virtue Broadcasting Plc
                           ('Virtue' or the 'Group')

                               Vodafone Contract

Virtue Broadcasting Plc is delighted to announce that it has won a contract from
Vodafone Sverige AB for the provision of mobile content services, over an
initial period of 1 year. The contract, which has been awarded to the Group's
Swedish subsidiary Kamera Holdings AB, will generate revenues of at least
#300,000 and demonstrates the huge appeal of Virtue's online and mobile video
solutions to multi national companies such as Vodafone.

Over the past year the Board of Virtue has actively sought consolidation in the
online communications sector and has successfully completed and integrated
several acquisitions into the Group. The reason for pursuing this strategy was
clear. Operating within the highly fragmented market it was felt that there was
a strong customer desire for the emergence of a single leader who could supply a
truly global online communication solution for intranet, web or mobile
distribution. The decision by Vodafone to use Virtue demonstrates that companies
that successfully consolidate in the sector will become the preferred choice of
the larger blue chip organisations for the supply of online communication
solutions.

Mike Neville, Chairman, commented:

"This is a significant milestone for the Group and is the result of a great deal
of hard work that has progressed the Group into the forefront of the online
communications sector. I am delighted to have received the endorsement from
Vodafone and believe that this is testament to the depth of experience of the
team at Virtue and the appeal of our integrated global approach to online
communication solutions."


                                     -ENDS-


For further information please contact:

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

Hansard Communications
Andrew Tan
Tel: + 44 (0) 20 7245 1100



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