Europe Vision Plc annual report and update regarding investment possibilities

Europeinvestment A/S
(formerly Live Networks Holding A/S)
CVR nr. 10435013
c/o Inwema ApS
Kongevejen 53, 2840  Holte
Phone 0046 8 545 00140


Notification 2007-07-24


Re: Europe Vision Plc annual report and update regarding investment
possibilities 

Europe Vision Plc´s Annual report

Europe Vision Plc, of which Europeinvestment A/S owns 34,661,750 shares of
139,087,997, corresponding to 24.92 % of the total share capital, has today
published the annual report for 2006. 

Trading of Europe Vision Plc shares on AIM was temporarily suspended from 29
July, 2007 15:00 CET pending publication of the company's annual report and
accounts. 

The suspension was lifted from 24 July, 2007 14:00 CET the company's annual
report and account having been published. 

The notification and the annual report from Europe Vision Plc has not changed
the opinion of the board of Europeinvestment A/S regarding its view as to
realistic net proceeds in con-nection with Europeinvestment A/S's sale of its
shares in Europe Vision Plc. 


Investment possibilities - status

In notification of 16 May, 2007 the board of Europeinvestment A/S announced
that the com-pany through an agreement with Europe Vision Plc had had the
possibility to proceed with a number of investment possibilities. 

Europeinvestment A/S has now examined these investment possibilities and shall
hereby give the status of four of these so far. 

Chain of cinemas

As mentioned in the notification of 16 May, 2007 it was one of the investment
possibilities to buy a profit-yielding chain of cinemas as going concern. 

Subsequently, a due diligence of this investment possibility has been carried
out and there have been negotiations between the parties. 

However, for the time being the board of Europeinvestment A/S has given up this
invest-ment possibility due to circumstances demonstrated during the due
diligence, which caused Europeinvestment to demand a reduction of the price.
The seller would not accept this re-duction which is why the seller has chosen
to negotiate further with another possible buyer. 


TV-channel with Elite Model Group

The other investment possibility is to start a tv-channel with Elite Model
Group. 

At present further information regarding this investment possibility is
awaited, and the Board of Europeinvestment A/S is positive towards further
negotiations. 

Based on this it is expected that a contract can be entered into as soon as
possible after re-ceipt of the above information, which is expected to take
place at the end of August or at the beginning of September. 


Airlines Company

The third investment possibility is a minor airlines company in Great Britain
which is in a start-up phase. 

At present, negotiations are taking place, and the Board expects that a
contract will be en-tered into during the month of July. 


dk4

The Danish tv-channel dk4 is the fourth and last investment possibility which
is part of the first investment round. 

Aladdin Investment Services Ltd has informed of the conditions of a possible
takeover of the dk4 group. It will be offered at DKK 13,000,000.00 in cash. The
board is considering this offer and, on the basis hereof, is in the process of
obtaining an independent valuation of the dk4 group. 

As mentioned in the notification of 16 May, 2007 the board of Europeinvestment
A/S takes the necessary precautions in order not to pay an overprice for the
dk4 group as Aladdin In-vestment Services Ltd. is also a major shareholder in
Europeinvestment A/S and ultimately is controlled by the Khatib family. Castro
Khatib is the managing director of Europeinvest-ment A/S. The necessary
precautions are as follows: 

•	The board negotiates the transaction without including Castro Khatib in its
decisions and negotiations. 
•	The board institutes an independent valuation of the dk4 group.
•	The board has arranged with Aladdin Investment Services Ltd, that any
agreement will be entered into on the condition of the approval of the
shareholders, and that Aladdin Investment Services Ltd. will refrain from
voting on this transaction at the general meeting. 



Any questions can be directed to managing director Castro Khatib on phone: 0046
8 545 00140. 

Europeinvestment A/S