TANGIBAL GROUP PLC: TANGIBAL GROUP PLC ANNOUNCES FINAL RESULTS

FOR THE YEAR ENDED 30th JUNE 2013

London, January 15th 2014 (pta007/15.01.2014/09:15 UTC+1) The Tangibal Group Plc Board today announces the Group's results for the financial year ended 30th June 2013.

The KEY POINTS of the announcement are as follows:

* The Group turnover was up 32% to £541k (2012: £411k)
* and in the same time the Group operating loss dropped down by 70% to £332k (2012: £1,120k).
* The underlying losses per share were down to 4.44p (2012: 55.04p).
* Net equity funding raised during the period totalled the amount of £630 (2012: £483k).

Commenting on the results, Dominic Brookman, Chairman and CEO, said: "The Company has successfully navigated both difficult economic times and the failed completion of an investment during the period, by reducing costs and focussing efforts on the profitable elements of the Groups business. Following the year end the Group has made various strategic and earnings enhancing acquisitions, which your Board believes will deliver significant growth in revenues and profit for 2014. We believe that Tangibal will now begin to deliver positive shareholder returns through its expansion into both shopping mall media (over 100 shopping malls contracted with a mixture of paper and digital advertising sites) and technology where we have made a key acquisition called Instant Business Ltd whose turnover in 2012 was £2.1 million (unaudited). Your Board believes that Tangibal has set the foundations for strong growth in the current financial year and are looking forward to positive results."
Tangibal Group Plc's full Annual Report and Accounts for the year to 30th June 2013 are available at www.tangibal.com.

CHAIRMANS REPORT

YEAR ENDED 30th JUNE 2013

Overview

Your Board announces the Group's results for the financial year ended 30th June 2013. The Group incurred a loss from continuing operations of £331,672 after depreciation of £102,308 on turnover of £541,123 compared to losses from operations of £1,109,979 on turnover of £411,404 in the previous year. We have therefore reduced continuing operating losses by 70% during the year.

This is my first annual report as the Chairman & Chief Executive Officer of Tangibal Group Plc ("CEO") and this follows the acquisition of the Infotech Group in January at which time I took on the role as part of the Acquisition. As I am sure you are all aware the main driver behind the Acquisition was the contracted new investment of Eur3 million (Euros) by CTS Tandem Solar and Mr. Fritz Skrzypczak. It was a significant shock to the Board and impact on the Company when this investor failed to comply with his contractual obligations. Despite our efforts to pursue this matter we have to date not been successful in recovering any losses.

As a result of the failed investment the Group was forced to reconsider its growth strategy. Originally, the new investment would have been used to increase the Group's media networks across the UK, India and US, instead of which the Board had to focus on maintaining the Group's existing revenue generating media networks, and restructuring / disposing of businesses that required immediate funding to progress in order to reduce the Groups liabilities.

As a result during the period the Group was forced to dispose of certain non-revenue generating assets that were accruing liabilities namely:
VMG UK Pubs Limited, VP Media Limited, VMG UK Malls Limited and Ridercam Systems Limited.

Through rationalization and focus on the core businesses of the Group we have however managed to deliver positive results in the last 4 months of the financial year particularly in the Groups' subsidiary VP Networks Limited where we have sold screen hardware and software to third parties and generated £226,666 of gross turnover.

Following the reverse takeover (RTO) in January 2013 we have managed to successfully navigate through difficult times and your Company is now beginning to deliver positive results.

Tangibal Media

Tangibal Medias' principal focus has been maintaining its existing interactive screen business in Cinema foyers. The company has performed against expectations in a difficult media sales market.

VP Networks Limited (VP)

Formerly known as Infotech Digital, VP is the Groups engineering and operations division. This business builds, installs and maintains the screen media networks either owned by the Group or for third parties. During the period the Company turned over £226,666 of which £133,333 was generated in the last quarter of our financial year. This business has continued to grow in the current financial year and with the new acquisition of Instant Business Ltd (www.connectib.com) we believe the outlook for our technology division is very positive.

Corporate Update

Since the year end your board has secured new finance partners with Trafalgar Capital who have provided Tangibal Group with a revolving $5 million credit line. This credit line has provided the Group with the financial backing required to effect its stated strategy of growth through acquisition with a focus on consolidating its position as a major Shopping Mall advertising network owner in the UK and developing Mall networks in other countries.

As of publishing these accounts we have acquired Airpod Media which 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 has now commenced the installation of digital screens to the existing Airpod estate to create a mixed digital / poster network and is actively signing contracts for media rights in new shopping centres.
Your Group is also actively growing its technology division and VP Networks Limited a subsidiary of Tangibal group has recently completed the acquisition of Instant Business Limited (www.connectib.com) a global digital software business with clients such as Westfield and Grosvenor (shopping centre owners and management) as well as delivering digital solutions for brands like Glaxo Smith Kline, Tescos and Blackberry. Instant Business in its financial year ending March 2013 generated turnover of (unaudited) £2,137,440 with profit of £114,173.

The Directors believe that both these acquisitions will deliver significant additional revenue and profit to the Group.

In summary, despite the initial set back with funding, we believe that the future prospects for the company are excellent, especially following our recent acquisitions. Our intention as a Board is to continue with the strategy of buy and build during 2014 with a view to creating a global outdoor media & technology business and delivering shareholder returns.

Dominic Brookman
Chairman & CEO

Enquiries & questions:
Dominic Brookman (Chief Executive) +44 (0) 207 754 0459
Peter-Joachim Noack (IR advisor) +49 (0) 173 6793092

About Tangibal:

Formed in 2008, Tangibal Group Plc has established itself as a vision leader in interactive media and experiential advertising. Our goal is to deliver solutions that entertain, inform and motivate. See www.tangibal.com for more information

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