Is this the worst performing share on the stockmarket? From highs of nearly 60p two years ago it is now standing at 5.50p. The management have gone to the market umpteen times in cash calls, started of with about 100 million shares, now there are over 500 million in circulation, shareholders have no confidence in this company. Supposed to be CF+ last year now it is saying sometime this year. A few mugs are buying but this will probably drop to around 3p when cash flow negative is announced. Possibility of another 70 million shares hitting the market sometime this year.

Mirada Plc

("Mirada" or the "Company")

Resignation of Director

Extension of year end

Resignation of Director

Mirada, the AIM quoted interactive media and games group, announces the
resignation from the Board of Chief Operating Officer Neil MacDonald, who is
leaving to pursue other business interests. The operational duties of Neil
MacDonald will be taken on by Aldo Campinos, who has recently joined Mirada as
Vice President Sales and Business Development and will head the global
expansion of the Company. However, Mr. Campinos will not be joining the Board
of Mirada at this point in time. Mr. Campinos has extensive experience of
international sales and business development in the interactive media sector
having previously held senior executive roles with world leader NDS in Europe
and North America and also for the worldwide business of NDS middleware, as
well as with OpenTV and Thomson Multimedia.

Extension of year end

The Board has decided to extend the Company's financial period end from 31st
December 2007 to 31st March 2008, so that the closing balance sheet will
reflect the effect of the recent refinancing and restructuring of the Company.
This extension of the period end means that Mirada is required under AIM Rules
for Companies to produce interim results for the six months ended 31st December
2007, and it is intended that this will be released on Monday, 31st March 2008.

Jose Luis Vazquez, CEO, Mirada Plc, commented:

"We thank Neil for his valuable contribution to the Company, particularly
through the recent acquisition and wish him well for the future. We welcome
Aldo Campinos who brings extensive contacts and experience which are directly
relevant to the future of Mirada."

27 March 2008

Enquiries:

Mirada Plc +44 (0) 207 462 0870

Jose Luis Vazquez, CEO

Nexus Financial Ltd +44 (0) 207 451 7068

Nicholas Nelson/John Mundy
Nicholas.nelson@nexusgroup.co.uk


Seymour Pierce Limited +44 (0) 207 107 8000

Mark Percy