News

Issue of Equity

15 May 2008

Ekay plc, a leading regional advertising and marketing agency, announces that following the exercise of options by employees of the Company under its EMI Option Agreement, it has issued and allotted 777,700 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at an exercise price of 2.1 pence per share.

An application to AIM has been made for the new Ordinary Shares, which will rank pari passu with existing Ordinary Shares, to be admitted to trading on AIM on 20th May 2008.

Pursuant to the announcement made on 7 April 2008 and following an administrative error, the Company announces that 136,150 Ordinary Shares of 1p each were issued and allotted, not 136,100 as previously announced.

Accordingly, an application to AIM has been made for a further 50 new Ordinary Shares, which will rank pari passu with existing Ordinary Shares, to be admitted to trading on AIM on 20 May 2008.

The Company's issued share capital now comprises 156,711,425 Ordinary Shares of par value of 1 pence each. All of these Ordinary Shares carry voting rights and this figure may be used by Ekay shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest, or change to the interest in, Ekay plc, under the FSA's Disclosure and Transparency Rules.

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