Time to stand up and be counted in my opinion..

news is turning positive here...wontg be long before sentiment drives this one up..........

added a few more today--hope this will eventually be my pot of gold!!

More boring news.

20th July 2005

Pacific Media plc ("the Company")

Director Appointment

Pacific Media Plc (LSE:PCM), a leading Asia-based t-commerce company, is pleased
to announce the appointment of Grahame Farquhar as an Executive Director. The
appointment takes effect from 1st August 2005.

Mr Farquhar takes up the post having occupied the position of Chief Financial
Officer ("CFO") at the Company. He brings to the role over twenty years of
corporate experience in the media sector as a qualified accountant, including as
Chief Financial Officer at EMI Asia and as Vice President Finance and Operations
at Bertelsman Asia. His career to date has spanned television, film, video,
music, internet & mobile applications and computer games. This has included
taking companies to public flotation via IPO on the London Stock Exchange, and
the completion of numerous merger and acquisition projects.

Mr Farquhar has thirteen years of experience in senior Director roles in Asian,
Middle Eastern and South African markets, in addition to time spent in Europe.
He holds the FCCA accountancy qualification from Kingston University in the UK,
as well as an MBA from Strathclyde University.

The Company's Executive Chairman, Darren Shaw, commented: "I am delighted that
Grahame is joining the Board, having already taken up the position of CFO. He
has a deep knowledge of the Asia region, the media sector, and retailing in
general. He is a valuable addition to our senior management team and to our
Board of Directors as we continue to expand our operations across Greater
China."

There are no further disclosures required pursuant to Listing Rule 9.6.13R in
respect of Mr Farquhar.

cheers Driver.

Wll who reckons that the Sit-Up deal will be announced at the AGM this week ?

sit- up deal going ahead!!!!

CWMAM
Was that a !!!!! or a ???????

Hello chaps,

Have been building a nice little stake in pcm since the start of the year. Management seem to have done a great job turning around this business. Must admit i'm into pcm due to the sit up deal which has massive potential, although ResponzeTV seems to be doing well.
Only question is, how are we going to pay for the sit-up deal?

Anywho, great day for pcm

Daws

Onward and upward as they say.

LONDON (AFX) - Pacific Media PLC said it is seeing double-digit month-on month growth in top-line sales albeit from a low base, backed by stringent cost management and greater efficiency across the company.

In a statement at today's AGM, chairman Darren Shaw also announced that the company has entered an exclusive licensing agreement with the UK home shopping company, Sit-up Ltd.

He also said the company is exploring fundraising opportunities and it has now made an offer to a third party utilising the authorities granted to it at the Annual General Meeting last year in relation to future funding. No further details were available and Shaw said the company hopes to release more information in due course once an agreement has been reached.

Under the licensing deal with Sit-up, Pacific Media said it and its wholly- owned subsidiary Pacific Media Asia Auctions Ltd (PMAA) have been granted the exclusive right to copy, adapt and exploit the price-drop tv and bid tv television channels and website formats, and the intellectual property rights that underpin these formats for any media or retail platform in China, Hong Kong, Macau and Taiwan.

In the third quarter of 2006 the company and PMAA aim to launch sit-up branded television channels in each of the regions the license covers.

Under the agreement, PMAA will pay to sit-up license fees of 14 mln usd plus, over the first 28 months following the first anniversary of the launch, royalties totaling 6,427,988 usd and thereafter will pay 2 pct of turnover for the remainder of the term of the Agreement.

sit-up will also be granted an option to subscribe for 219,298,246 new ordinary shares of the company at nominal value.

The license has an initial term of 20 years, with options to extend the term for up to 50 years, provided certain minimum turnover and broadcasting hours conditions are satisfied.

The right to enter into the agreement was previously held by MediaXposure Ltd and the company has now agreed to reimburse MediaXposure all costs and expenses incurred by it, amounting to 1.7 mln usd, plus interest, and has agreed to pay MediaXposure an additional sum of 500,000 usd.

newsdesk@afxnews.com

I like this bit.

Sit-up Founder Director Ashley Faull welcomed the Agreement with Pacific Media,
stating: "The professionalism, experience and local knowledge of the Pacific
Media team in Asia provides us with a strong alliance with which we can leverage
our highly successful and unique channel concepts in the exciting markets across
China, Hong Kong and Taiwan."

HAPPY.

hewittalan6
Al, waited long enough, topped up today on the news.

Brilliant! I shall wish a happy weekend to all who hold this little gem-a few years down the line we could be sitting on our island with a drink in hand!!

mp
I have joined you in the millionaire club.

Good man driver. Still think its a risky share, BUT, the odds now look to be in our favour. Upside now definately greater than potential downside!!!
Alan

Good for you--all together now!!

DRIVA
I am holding a load of these 3000000+
Happy days!!!!!

Alan it can't fall too far or it would be zero!! CWMAM--we'll catch you up soon I enjoy counting future gains in 000000 s!

CWMAM
So youre a multi then.

A bit disappointing sp rise seeing its the news we have been waiting for, may be it has to be digested, revenue worked out, ect, ect? I havent looked at it yet myself.