GUSC.L Regulatory News (GUSC)

1 Jul 2010 13:08

1 July 2010 Talent Group plc ("Talent" or "the Company") A3K update

Further to the announcements made by the Company on 18 May 2010 and 25 June2010 and the announcement made by Aura Entertainment Limited ("Aura") yesterdaythe Company confirms that the 90 minute television entertainment special basedon a brand new event entitled A:3K Football, which was to have brought togethersix of the worlds greatest footballers to compete in gladiatorial games offootball skill at the O2 Arena, has been postponed until June 2011.

The Company's contractual arrangements with the producer provide that the Company is fully indemnified for the costs it has incurred to date and for other programme related overheads and fees.

The Company is working closely with the producer and other partners involvedwith the A3K event in order to ensure that, despite the postponement, thetelevision programme will go ahead as originally planned but based on the new2011 timetable.Tony Humphreys, Managing Director of Talent Television says: "We are obviouslydisappointed that the main event has been postponed but fully understand thereasons behind the decision. We are working closely with all our productionpartners, including the broadcaster, to ensure that the postponement doesn'timpact on the success of the television programme"Talent Group plc 020 7421

7800 Tony Humphreys (Managing Director)

Merchant John East Securities Limited 020 7628

2200John East/Simon Clements Notes to editors:

Talent Television (part of Talent Group plc) is a leading independent UK format creator and producer of innovative television and interactive programming.

Talent produces a wide range of entertainment and factual programming for abroad spectrum of terrestrial and cabsat broadcasters in the UK, US andworldwide. Credits include "Everybody Dance Now" for prime time ITV One, BBClive interactive series "Test the Nation" for prime time BBC One , CBBC's hitshow "Best of Friends", "TV Scrabble" and "Casino Casino" co-produced with GagProductions for Challenge?, reality documentary series "Corkscrewed",co-produced with LA-based Magic Pictures Inc for Sky One and Fox Reality, andcontroversial documentaries "The Man With 80 Wives" and "9/11: The Curse ofCompensation" for Channel 4. Talent was also a pioneer in reality televisionwith "The Villa", which was first produced in 1999 for Sky One.