MIRA.L Regulatory News (MIRA)

4 Oct 2006 07:00

Yoomedia PLC04 October 2006 YooMedia plc / Index: AIM / Epic: YOO / Sector: Media 4 October 2006 YooMedia plc ("YooMedia" or "the Company") EGM Statement YooMedia, the AIM-traded interactive media and games group, held anExtraordinary General Meeting ('EGM') yesterday (3 October 2006) and allresolutions were duly carried. At the meeting, Chairman Michael Sinclair said: "We are beginning to see the benefits of the recent period of reconstruction inthe performance of the core business and we expect that this will translate intoa strengthening in the Company's financial position in the future. The actiontaken was aimed at strengthening the balance sheet and re-positioning YooMedia'sproduct offering to capitalise on growing opportunities within the interactivemedia market. In the current climate, I think that it is important to reiteratethat the Company does not take bets from outside the UK and therefore does nothave any exposure to the US gaming market." * * ENDS * * For further information visit www.yoomedia.com or contact: Neil MacDonald YooMedia plc Tel: 020 7462 0870 Mark Percy Seymour Pierce Limited Tel: 020 7107 8000 Isabel Crossley St Brides Media & Finance Ltd Tel: 020 7242 4477 This information is provided by RNS The company news service from the London Stock Exchange