TANGIBAL GROUP PLC: Tangibal acquires Airpod Media Ltd a UK wide shopping centre advertising network

London (pta027/30.10.2013/12:20 UTC+1) Tangibal is pleased to announce that it has acquired Airpod Media Limited (www.airpodmedia.com) for a mixture of cash (£300,000 payable over 8 months) and shares (£100,000 issued now and £100,000 issued in 8 months).
Airpod Media has over 400 poster sites in 31 shopping centres across the UK, reaching a total of 14 million shoppers every two weeks and 364 million people annually and is the third largest shopping mall advertising network in the UK.

These posters are called 6 Sheets (1.2m X 1.8m) in the outdoor advertising industry, and each unit is backlit and prominently positioned to maximize the visibility of each and every advert. With a weekly average footfall in each centre of 200,000 shoppers, each spending an average of 87 minutes per visit, brands and messages are viewed by thousands of shoppers.

Tangibal intends to commence the installation of digital screens to the existing Airpod estate to create a mixed digital / poster network. The management believes that this combined network will generate circa £1 million in revenue per annum.

The Board of Tangibal has already stated its intention to acquire businesses with advertising rights in shopping centres to create a global shopping mall advertising Group.

Dominic Berger, Commercial Director, commented: "We are very pleased to have completed the acquisition of Airpod which will form the foundation of our UK shopping mall advertising business. Integrating our digital screens into this network will not only future proof the business but also generate significant incremental revenue and profit for Tangibal Group."

About Tangibal
Formed in 2008, Tangibal Group Plc has established itself as a vision leader in interactive out of home media. Our goal is to deliver solutions and campaigns that entertain, inform and motivate. See www.tangibal.com for more Information.

About Airpod Media
Airpod is a privately owned outdoor media company that specialises in shopping mall and shopping centre advertising. The network of premium poster advertising sites can be seen in shopping malls and centres across the UK. Made up of back-lit '6-sheet' panels, the poster sites are a premium outdoor advertising product that continues to attract a huge array of local and national brands.

Risk Disclaimer
The directors of Tangibal accept responsibility for the information contained in this announcement relating to Tangibal. To the best of the knowledge and belief of the directors of Tangibal (who have taken all reasonable care to ensure such is the case), the information contained in this announcement is in accordance with the facts and does not affect the import of such information.

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Emitter:	TANGIBAL GROUP PLC 3 Kingly Court W1B 5PW London United Kingdom
Contact Person:	Dominic Berger
Phone:	+44 20 77 54 04 59
E-Mail:	dominic.berger@tangibal.com
Website:	www.tangibal.com
ISIN(s):	GB00B969QR24 (Share)
Stock Exchange(s):	Free Market in Berlin, Frankfurt (Basic Board), Stuttgart