Metrodome Group/Target Entertainment

August 16, 2010

      Compass Advisers, LLP ("Compass") is pleased to announce the purchase of the entire issued share capital of Target Entertainment Limited ("Target"), a television distribution rights management business and wholly-owned subsidiary of TEGL Limited, by Metrodome Group plc ("Metrodome"), a publicly-listed (AIM:MRM) transatlantic film distributor.  In this cash and loan notes transaction, Metrodome acquired the shares of both Target's rights businesses, including its distribution and consumer products teams, and its production labels, Pink Sands and Target US.  In addition to the purchase price and working capital, Metrodome will also provide an additional investment in Target's business.  Target's drama production arm, Greenlit, is not included in the deal.

      Target was ranked by Broadcast Magazine as one of the Top Five most used distributors by independent producers, and provides Metrodome with a well-established TV distribution library consisting of approximately 6,000 hours of content.  The acquisition enhances Metrodome's strategic interests and furthers the Company's growth as a diversified media business.

      Compass provided financial advisory services to Metrodome, assisted in identifying the opportunity, facilitated a rather complicated negotiations process during volatile market conditions, and discreetly completed the shareholder-approved transaction within seven months, start-to-finish. Compass aided in negotiating directly with Company's senior lender, arranging for a pre-packaged sale by an administrator of the operating company, thus restructuring the Company's debts while protecting the underlying value of the film and television catalogue by keeping the business a going concern.