AIM notification from Europe Vision Plc. of appointment of Tritel Investment Inc. as advisor for dk4

Europeinvestment A/S
(formerly Live Networks Holding A/S)
CVR no. 10435013
c/o Belle Balance International ApS
Kongevejen 53, DK-2840  Holte
Telephone  0046 8 545 00140


Stock Exchange Notification 2007-04-11

 
Re.:  Europe Vision Plc - Tritel Investments Inc.

On 10 April 2007, Europe Vision Plc (in which company Europeinvestment A/S owns
34,661,750 shares, corresponding to 25.5 % of the share capital) has published
an AIM notification. Europe Vision Plc has thus notified that it has been
appointed by Tritel Investments Inc. to restructure, refinance and address
management issues at Denmark's television channel, dk4. dk4 is a 100 %
subsidiary of Tritel Investments, which owns 25.29 % of Europe Vision Plc. 

dk4's programming has historically focused on local Danish language contents as
opposed to its competitors whose programming is dominated by American imported
products which are subtitled. Although dk4 has had some significant market
penetration for special occasions, such as sporting events featuring Danish
participants, overall its financial performance has been disappointing since it
was acquired in May 2006 by Tritel Investments. 

Europe Vision will be responsible for preparing dk4 either to be sold or to be
ready for further investment to fund expansion. 

The services to be provided by Europe Vision Plc. will be provided for a period
of 3 months only, and Europe Vision Plc. will be paid a fee of € 500,000, half
payable immediately and the remainder on completion of the 3 months, plus any
out of pocket expenses and an additional 5 % success fee of any sale price or
investment consideration. If any investments are made by dk4, Europe Vision
will be paid a performance fee of 5 % of the consideration. 

Europe Vision Plc. has further notified that the agreement will further
strengthen Europe Vision Plc.'s interest due to additional revenue streams and
supplementation of the company's strategy to gain access to multiple media
delivery channels for its contents. 

The directors of Europe Vision Plc., excluding David Lowe (who is a director of
dk4) consider, having consulted with Europe Vision Plc.'s nominated advisor,
KBC Peel Hunt, that the terms of the transaction are fair and reasonable in so
far as its shareholders are concerned. 

The notification from Europe Vision Plc. has not caused the Board of Directors
of Europeinvestment A/S to change its view as to a realistic net proceeds in
connection with Europeinvestment A/S's sale of its shares in Europe Vision Plc. 


Questions may be made to managing director Castro Khatib at telephone 0046 8
545 00140. 

Europeinvestment A/S