REG-MediaZest Plc: Trading update

MediazestAnnouncement

18/09/2018 07:05

18 September 2018

MediaZest Plc

("MediaZest" or the "Company”; AIM: MDZ)

Trading update

Ahead of today’s AGM, the Board is pleased to provide the following update
on current trading. Results are from unaudited management accounts of the
Company and its sole operating subsidiary MediaZest International Limited
(“the Group”).

As expected, the Group had a strong performance in the first quarter ended 30
June 2018, with Turnover of approximately £990,000 (2017: £563,000) and Net
Profit of £75,000 (2017: loss of £127,000).

These results reflect increasing levels of recurring revenues. In addition, a
number of significant new clients and projects have been secured since the
year end.

As a result, for the half year ending 30 September 2018, the Board expects to
report revenue in the region of £1.8million (2017 £1.3million) and a maiden
Net Profit for the Group of approximately £90,000 (2017: loss of £149,000).

This announcement contains inside information for the purposes of Article 7 of
Regulation (EU) 596/2014.

Enquiries:

 Geoff Robertson Chief Executive Officer  MediaZest Plc                             0845 207 9378 
                                                                                                  
 Edward Hutton / Tom Price  Northland Capital Partners Limited  Nominated Adviser   020 3861 6625 
                                                                                                  
 Claire Noyce  Hybridan LLP  Broker                                                 020 3764 2341 

Notes to Editors:

About MediaZest

MediaZest is a creative audio-visual systems integrator that specialises in
providing innovative marketing solutions to leading retailers, brand owners
and corporations, but also works in the public sector in both the NHS and
Education markets. The Group supplies an integrated service from content
creation and system design to installation, technical support, and
maintenance. MediaZest was admitted to the London Stock Exchange's AIM market
in February 2005. For more information, please visit www.mediazest.com



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