RAM Ram Active

TIDMRAM

RNS Number : 5486T

RAM Active Media PLC

07 December 2011

   FOR IMMEDIATE RELEASE                                                           7 December 2011 

RAM ACTIVE MEDIA PLC

("RAM" or the "Company")

Agreement

RAM, the investor in Digital out of Home ('DOOH') media, communications and Intellectual Property, is pleased to announce that it has agreed, subject to contract, with CETEC Europe Limited ("CET") to establish a joint venture with respect of its operating subsidiary, TrainFX Limited ("TrainFX").

Under the terms of the Heads of Agreement, CET will subscribe GBP500,000 in cash for shares in a new company to be established as the joint venture company ("Newco"). Ram will transfer part of the business and assets of TrainFX into Newco in exchange for a 30% interest in Newco plus GBP33,000 in cash. In addition, Ram will receive a royalty of 5% of Newco sales in the UK, 1% of sales in China, and 2% of sales to the rest of the world for a period of four years of the date of the transaction.

As part of the agreement, CET will use all reasonable endeavours and act in good faith to provide RAM with full access to its contracts on the digital out of home and transit media market in China and the rest of the World, with a view to promoting RAM as its preferred partner in relation to digital media products. RAM currently operates media advertising and sales activities in the UK digital out of home market and is the largest Shopping Mall landscape screen provider broadcasting to an annual footfall of over 650m.

CET is owned by Changzhou Evergreen Transport Technology Co., Ltd ("CETT"), part of the Changzhou Evergreen Group. CETT is a China based manufacturer of rail and metro products and supplies several of the major European and Chinese train manufacturers.

A further announcement will be made in due course.

For further information please call:

Tim Baldwin RAM Active Media plc 0207 518 4303

Sandy Jamieson Libertas Capital Corporate Finance Limited 0207 569 9650

This information is provided by RNS

The company news service from the London Stock Exchange

END

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