Mobile Streams Regulatory News (MOS)

Mobile Streams plc ("Mobile Streams" or the "Company")

1.5 million Mobile Internet Subscribers

London - (AIM: MOS), 15 May 2012 - Mobile Streams, the global mobile content retailer, announces today that its mobile internet subscription services have now passed the one and a half million mark for active subscribers. Active subscribers are defined as customers who have paid to use one of the Company's mobile internet services in the past two month period.

Simon Buckingham, CEO of Mobile Streams commented: "Since our announcement of 1m subscribers in Argentina in January of 2012, our mobile internet subscriber base has continued to grow strongly. We have now passed 1.5 million total active subscribers. Continuing success in markets such as Mexico, where our subscriber base recently passed the 100,000 mark, has driven this subscriber growth. To continue growing our subscriber base, we are launching more mobile internet services in our existing markets and launching our services for the first time in selected new markets."

The Mobile Streams mobile internet services can be easily subscribed to by local mobile users via mobile internet sites such as http://www.appitalism.com.

Enquires:

Mobile Streams                                                                    +1 877 428 0448

Simon Buckingham, CEO

Gabriel Margent, CFO

Nominated Adviser and Broker

Singer Capital Markets Limited                                          +44 (0)20 3205 7500

Jonathan Marren