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Issue of equity
Motive Television is pleased to announce that, following interest from institutional investors in the Company's announcement yesterday relating to the Company's development of its Tablet TV technology for the UK Freeview platform, it has raised £500,000 through the issue of 3,333,333,333 new ordinary shares of 0.01p each at 0.015p per share (''Placing Shares'').

15 May 2013
Motive Television plc

("Motive Television" or the "Company")

Issue of equity

Motive Television is pleased to announce that, following interest from institutional investors in the Company's announcement yesterday relating to the Company's development of its Tablet TV technology for the UK Freeview platform, it has raised £500,000 through the issue of 3,333,333,333 new ordinary shares of 0.01p each at 0.015p per share ("Placing Shares").  The proceeds will be used to fund an accelerated programme of development for this product and for general working capital purposes.  The board has considered the Company's overall medium-term funding needs very carefully and, given the high level of interest in this development in the UK market and its anticipated value in terms of future sales and profits, it has decided that this fundraising is in the best interests of increasing shareholder value.

Application will be made for the Placing Shares to be admitted to trading on AIM. Admission is expected to become effective and dealings are expected to commence on AIM on 21 May, 2013. Following the issue of the shares, the Company will have 13,976,225,847 ordinary shares in issue.

 
Contacts:

Motive Television plc                                                        
Michael Pilsworth, Chairman
Leonard M. Fertig, CEO
T: +44 20 7025 8425
 
Sanlam Securities UK (Nominated Adviser)              
Simon Clements / Virginia Bull
T: +44 20 7628 2200
 
XCAP Securities                                                                     
Jon Belliss
T: +44 20 7101 7070
 
Newgate Communications (Financial PR)                                       
Jason Nissé
T: +44 20 7680 6559
 
Brainerd Communicators                                                   
Chris Plunkett / Mike Smargiassi
T: +1 212 986 6667
 
Media PR                                                                                  
Gerry Buckland
T: +44 7774 860 011
 

Notes to Editors:

Motive Television is the developer and integrator of innovative patented software solutions for the television industry that enable our clients to offer on-demand content over any network to any device.  We have the knowhow and ability to customize our software to work with existing networks, saving our clients substantial expenditures.   Our customers are broadcasters, satellite platforms, cable operators, and telecoms.

Motive's patented and proprietary solutions include:

Television Anytime Anywhere:  Video-on-demand and place shifting for the broadcasting and pay television industry

Tablet TV:  Viewing and being able to record digital terrestrial TV directly to tablets and smartphones

Mocast:  Enabling managed downloads of IP delivered content in 4G LTE wireless systems