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VTR plc

VTR plc secures the business interests of Clarke Associates London

VTR plc welcomes Simon Clarke to its global offering

VTR plc ("VTR") is pleased to announce that it has secured the business interests of Clarke Associates London Limited ("Clarke Associates") and the services of Simon Clarke, its Creative Director, and his team. The deal brings Simon’s high profile and breadth of experience to VTR, and gives Simon access to the extensiveness of the VTR global offering and its industry expertise. As part of this deal, VTR plc has acquired certain technical equipment, including 3D workstations, 3D render farm and associated software from Clarke Associates.

With over 13 years in the industry, Simon’s award winning contribution to Broadcast Visual Effects has been recognised by his clients and piers through flagship programmes and series for the BBC, National Geographic, Discovery and Channel 4. His design and branding background has also enabled him to work with many leading commercials and production agencies on a range of multi-platform campaigns. Simon’s body of work includes Lost Cities (BBC), Mega Structures (National Geographic) and Superstorm (BBC).

In consideration, VTR will issue 100,000 new VTR plc ordinary shares to Clarke Associates and a cash payment of £30,000. Accordingly, application has been made for the 100,000 new ordinary shares to be admitted to trading on AIM and it is expected that admission will take place on 8th January 2008. The new ordinary shares will rank pari passu with the existing shares of the Company. Following this allotment, the total issued share capital of the Company will increase to 29,081,276 ordinary shares.

Namit Malhotra, Chairman of VTR plc and Prime Focus Group, said: "Simon fits perfectly into our strategy of ensuring we have the best talent and facilities to support our global client base as part of the Prime Focus Group of companies. Simon is a welcome addition to the team."

Simon Clarke commented: "I am thrilled to be joining the VTR group of companies and consider this to be a great opportunity. My expertise in commercials and visual effects will compliment the company’s existing global offer, and will be a springboard for greater prospects going forward."

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Notes to editors

VTR plc (Prime Focus UK) is the holding company of the Prime Focus UK Group, one of Europe’s leading high-end media services groups. Based in Soho, London, the main divisions – Prime Focus London and blue post production – cover between them every aspect of professional post-production, and each company has established an international reputation in its chosen field.

The Prime Focus UK Group produces work of the highest quality across all areas of the post-production industry, including: high-end visual effects and digital intermediate (DI) for cinema releases; television commercials; long-form and short-form broadcast projects; CGI animation; design and motion graphics; pop promos; sound design, mixing and composition; and film and video restoration.

In addition the group designs, builds and implements online interactive communication tools for a wide variety of clients. Its portfolio includes digital asset management systems, state-of-the-art encoding services, website design and hosting, mobile content encoding and delivery, and professional DVD authoring facilities.

VTR plc (Prime Focus UK) is owned by Prime Focus Limited, India’s foremost integrated end-to-end post-production and visual effects services facility. As the largest Autodesk Fire / Smoke site in the world, the largest site for Thomson Spirit in the Asia-Pacific region, and with its recent acquisitions in London, Prime Focus Limited has emerged as a major force in the international post-production industry.

Contacts

Ryszard Bublik Catriona McDermott	Parys Communications	020 7622 9951
Neil Lane	VTR plc, Managing director	020 7437 0026
Philip Davies (Nominated Adviser)	Charles Stanley Securities	020 7149 6000

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