Company Profile

YooMedia plc is one of the fastest growing interactive entertainment companies in the UK.
Since 1997 we have been developing and launching leading B2C consumer brands in the gaming and community sectors. We also work in a B2B capacity with leading brand owners, agencies, content developers and broadcasters to design and develop their interactive content strategies.

Led by Executive Chairman Dr. Michael Sinclair and Group Managing Director Neil MacDonald, YooMedia has assembled a highly experienced management team that possesses a unique blend of skills and experience in the areas of Digital TV, Internet and mobile phone services and technology.

With main office locations in London, Exeter and Maidstone, YooMedia manages core assets including:

Over 30 office locations throughout the UK alone

State-of-the-art studio, production and post-production facilities at our Wapping location.

UK broadcast return path & bandwidth owner

Fully fledged UK Bookmaker License

Database with over 350K UK singles

SMS Engine access with international reach

Fully staffed 50 seat Customer Contact Centre in Maidstone, Kent

YooMedia Dating & Chat - Our dating subsidiary company manages the oldest and largest UK-owned dating brands including Dateline, Club Sirius and Avenues. YooMedia Dating has over 20 office locations throughout the UK and also manages YooChat, our world-leading interactive chat service found on UK digital cable on the Telewest platform (platform extensions planned for 2005).

YooMedia Gambling & Games - Combining the brands of Avago and Channel 425 (in partnership with William Hill) YooMedia is on the leading-edge of interactive fixed odds, casino and poker gambling services for digital TV, the web and 3G mobile phones. Our gaming business also manages YooPlay, the only interactive just for fun games channel found on all four Digital TV platforms in the United Kingdom.

YooMedia Enhanced Solutions (YES) - YES works with brand owners, agencies, content owners and broadcasters to clarify the options, define the strategies and deliver the interactive content that enhances consumer and audience experiences. YES customers include the BBC, Nestle, Celador, William Hill, Channel 4, ZipTV, The Cartoon Network and HR Owen.

Ah. That would be bad news then.

from the LSE website...

Regulatory Announcement

Go to market news section

Company Yoomedia PLC
TIDM YOO
Headline Directorate Change
Released 15:22 09-Jun-05
Number 3781N



RNS Number:3781N
Yoomedia PLC
09 June 2005


For immediate release
9 June 2005


YooMedia Plc
Change of Directorate

YooMedia plc, the interactive entertainment group, announces that David Docherty
is to step down as chief executive to pursue other business opportunities. David
joined the company as a non-executive director in January 2003 and subsequently
became chief executive in January 2004.

Michael Sinclair, executive chairman, said: "David was central to YooMedia's
development into a broadly-based interactive media group with significant
revenues and a great future. But, I fully understand that having helped bring
about and then integrate the transformative merger with DITG, he now feels it is
time to pursue other possibilities within the media industry. He will have the
warm wishes of all at YooMedia for the future."

David Docherty said: "I joined Michael and the YooMedia team when the company
was developing its strategy to be a major player in the interactive media arena.
The company has grown significantly in the last two years. Now, with DITG
successfully integrated, I want to follow up entrepreneurial possibilities in
the converging world of broadband, TV and mobile."

Neil MacDonald has been promoted to group managing director reporting to Michael
Sinclair, executive chairman. Michael Sinclair said "Neil MacDonald is one of
the most experienced and effective managers in the interactive media industry
and I am confident he will be instrumental in taking the group to the next
level."

Enquiries

YooMedia plc

Michael Sinclair, executive chairman 020 7462 0870

Powerscourt PR

John Murray 020 7236 5615


Notes to Editors:

Neil MacDonald was appointed managing director of DITG in November 2002 to
propel the company to a market leader position within UK interactive TV
services. He joined DITG in February 2002 as sales & marketing director and has
been instrumental in developing DITG's presence in the UK interactive television
market. Prior to joining DITG, MacDonald was CEO of Sportal (1999 to 2001) and
led the business through its launch and expansion across Europe. Before Sportal
Neil was General Manager of Internet services at BT working with clients such as
Tesco and Yahoo.


This information is provided by RNS
The company news service from the London Stock Exchange

END




2004 London Stock Exchange plc. All rights reserved

Hope that should be the end of the fall

I know it's a bit too early to tell, but anyone have any thoughts on the implications of this. I suspect that the recent fall from the 15p mark well be those in the know offloading the shares. Are they oversold? What, if any, good news is round the corner? This is my second larget holding and I'm looking at a substantial loss. Anyone??

i'm out...

sorry, my take is bearish. i would love to be more positive buty this guy was the driver of the company and he has exited stage left. obviously a tussle at the top. he lost and so do the shareholders...

Well I'm still in (at 13pps though!!!!!!!!!)
however I don't know if the bottom has fallen out of my world or vice versa.
Alan

Mactavish / ipublic.
Is this the june announcement you were forecasting towards the end of May, or is there more to come?
Alan

looks very much like a falling out but if the business is doing well and we expect it to be growing surely it's worth waiting to see some figures--all the deals have been done.

Hewitt I'm afraid it is not what i was expecting.

they have but the CEO leaving isn't the best news. the hard work had been done, time to relax?

he was the driving force during the development stage as most entrepreneurs are but when the company settled down into something more mature it was time to move on. That is typical for the type of guy he is and I don't think you need to read much more into it.

Hi, Just been to the yoomedia website to see if there is any more info. Can't find any but the last bit of news on there are the 2004 finals, released yesterday. Look the same as the april ones to me but.........Why were they not released as an RNS and why is there no mention of an obviousley arranged departure on there?

Well this should settle it down, 10% down from open, this means all selling had already been done when us mortals were thinking that we needed some kind of update for the share not to fall any further in the last couple of weeks. If it starts slipping further then for sure we have some more bad news.....

Glad it's not my biggest holding or I may be considering YOOthenasia.
Sorry, bad joke, bad taste but it has been a bad day.
Alan
8-)

DGT fell away when S Barclay left but the new CEO Tony Rawlinson is doing a great job---Yoo could be the same!

Dropped in to find out what is happening. Been out for a while with something of a loss for no other reason than the lack of positive news with the April results and otehr opportunities. Docherty's departure was bound to hit the sp as he has been very much the face of YOO. However, got the impression that he is a bit of a maverick who found it difficult to concentrate on one role. So mp could well be right. The other positive note is that I suspect that we are within one week of the bottom. Why? The cap. is down to below 40M or the company without DITG. OK, that may have been bought at the wrong time with increasing competition in the gambling sector. But the main reason is that YOO was moving into positive EBITDA in march, we were looking to 140m sales in current year with a PBT of 3.8m according to Evolution. What is needed and presumably has to come is an update from Evolution. Being out I will wait for that but prepared to act. The suspicion must be that the financials are not going as well as expected, certainly as stated in the placing prospectus whcih we have not seen; it could be the case that some of those buyers have cut their
losses, but the volumes have been relatively low and the reason for the fall may rather have been the absence of the buyers on the basis of no news. Sinclair presumably must make some statement and/or get Evolution to fulfil their role. I have made these comments as no one picked up andysmith's questions.

Eric

;-)

No News is definately not good news. I can't credit how careless YOO are generally of their shareholders and shareprice. I know I am biased but I almost feel these shares are dangerous at ANY price. 6 months ago there was a stream of reasonable to good news coming from YOO - now nothing.... I think Shares mag was a fan of Docherty ( I personally think he is a bit of a dileatante!) and in true Shares mag style they will not be such fans now.

There is a story in the Docherty move that needs to be told... 6 months is not long enough to fully integrate the two businesses... What's the story???

The story is they shafted ordinary shareholders last year and now its gone tits up they have some explaining to do to the institituions who happily snapped up shares at a massive discount last year but those smiles will be fading now as will the people who's pension funds have taken a beating. YOO get what YOO deserve and at this rate they will be the ones being acquired. I just feel sorry for the loyal ordinary investor.