Statement re possible placing

11 May 2005 07:00

Zoo Digital Group PLC11 May 2005 ZOO Digital Group plc ("the Company") Statement re possible fundraising The Company notes that information has been publicly disseminated which alludesto the Company undertaking a possible fundraising exercise to raise £3 million.The Company confirms that it is considering raising approximately £3 millionthrough a placing although has yet to determine a price for this placing. A further announcement containing full details of the proposed fundraising willbe made as soon as possible. For further information please contact: Robert Deri, CFO, ZOO Digital Group PLC Tel: 0114 241 3700John Llewellyn-Lloyd, Noble & Company Limited Tel: 0207 763 2200 This information is provided by RNS The company news service from the London Stock Exchange