Europe Vision Plc - Asian Development


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 2007-04-27
 
Re.:	Europe Vision Plc - Asian Developments

On 26 April 2007, Europe Vision Plc (in which company Europeinvestment A/S owns
34,661,750 shares, corresponding to 25.1 % of the share capital) has published
an AIM notification. Europe Vision Plc has thus notified that it has continued
to develop its business in the Far East after its appointment to manage a
cinema and studio complex outside Ho Chi Minh City in Vietnam. 
 
Europe Vision Plc will undertake feasibility studies for the introduction into
Beijing and/or Shanghai of the leisure city, film and real estate blue print
established in Morocco. 
 
In Beijing, Europe Vision Plc has entered into an agreement with Hong Kong
based Peak Consult whereby the latter will source and invest land for the
construction of cinema, themed attractions, real estate and studio facilities
to be managed by Europe Vision in return for grant of worldwide distribution
rights (ex China) for all content produced. 
 
In Shanghai, Europe Vision Plc has been offered land to develop cinema and
studio complexes by the Expo Shanghai Corp and The Shanghai Land Development
Corp, both of which are arms of local government. 
 
Shanghai is already gearing itself for World Expo 2010 where the authorities
are projecting an influx of over 20 million visitors; however the authorities
are sensitive to what will happen after the event is over. The Expo authorities
have as part of their mission statement the promotion of cultural industries
and Europe Vision's activities in motion picture making and distribution fall
squarely within this aim. 
 
The Shanghai Land Development Corp recently pulled-out of a deal with Universal
Studios of the US to build a theme park on land adjacent to the Expo site.
Europe Vision has been invited to conduct its own feasibility study as to the
creation of a development similar to Morocco Film City, which Europe Vision Plc
is currently involved with on behalf of Tritel Management. 

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' 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