SFX Screen Fx

RNS Number:6472G
Screen FX PLC
31 October 2007


Press Release                                                    31 October 2007

                                  ScreenFX plc

                          ("ScreenFX" or "the Group")

                              Proposed acquisition



ScreenFX plc (AIM:SFX), the digital advertising and communications specialist,
announces that the Company has entered into heads of terms in respect of a
proposed acquisition ("acquisition") of a business which is in a related area of
activity to that of the Group.  The acqusition would be wholly funded by shares
in ScreenFX.

The acquisition is conditional inter alia on completion of the due diligence
exercise; the passing of the appropriate resolutions at an Extraordinary General
Meeting; and Admission of the new shares to trading on AIM.

It is anticipated that this transaction will take several weeks to complete and
a further announcement will be made at an appropriate time.



                                    - Ends -


For further information:
ScreenFX plc
Mike Cottman, Executive Chairman                       Tel: +44 (0) 161 428 5544
mikec@screenfx.com                                              www.screenfx.com

Seymour Pierce Limited
Stuart Lane / John Depasquale, Corporate Finance       Tel: +44 (0) 20 7107 8000
stuartlane@seymourpierce.com                               www.seymourpierce.com

Media enquiries:
Abchurch
Henry Harrison-Topham / Gareth Mead                    Tel: +44 (0) 20 7398 7700
henry.ht@abchurch-group.com                               www.abchurch-group.com




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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