8 October 2012

                                            Papa Entertainment Plc
                                    ("Papa Entertainment" or the "Company")

                                       Result of Annual General Meeting

The  Company  announces  that  at  the  Annual General Meeting held today all  the  resolutions  proposed  were
unanimously passed.


THE DIRECTORS OF THE COMPANY ACCEPT RESPONSIBILITY FOR THE CONTENTS OF THIS ANNOUNCEMENT

                                                   --ENDS--

CONTACT DETAILS:

Enquiries:

Papa Entertainment Plc
Harry Cowell
Tel: +44 (0) 208 977 0632

SVS SECURITIES PLC - PLUS Corporate Adviser
Peter Ward / Alexander Brearley
+44 (0)20 7638 5600


ABOUT PAPA ENTERTAINMENT PLC:

Papa  Entertainment was incorporated as a vehicle for the purpose of acquiring companies or businesses  engaged
in  the  entertainment,  music  and media industries. Papa Entertainment acquired Mission  Entertainment  Group
Limited and its subsidiaries (the "Mission Group") in July 2012.

Papa Entertainment is led by its Chief Executive Officer, "Sir" Harry Cowell, who has over 25 years' experience
in  the music industry.  The Company's Non-Executive Chairman is Korda Marshall, who has during his career  has
signed artists, directed major label A&R departments, produced, executive produced and been a managing director
of three recording companies and has worked with performers including Take That, MUSE, Ash, Paul Oakenfold, the
Eurythmics,  Annie  Lennox,  Peter Andre, Garbage, James Blunt, Gnarls Barkley  and  The  Darkness,  personally
signing or negotiating with several of these artists. Papa Entertainment's Non-Executive Director, Simon Napier-
Bell, has enjoyed a long career in the entertainment industry, commencing in the 1960s, with notable highlights
including  the management of well-known artists such as "Wham!" and the "Yardbirds" and the co-writing  of  the
No. 1 Hit Single "You don't have to say you love me" for Dusty Springfield.

The Mission Group is a group of music production and publishing companies with studio and office facilities  in
Kingston-Upon-Thames, South West London. The Mission Group's business consists of the delivery of music to  the
listener,  incorporating writing, recording, marketing and distribution, label management and production.   The
Company's policy through concentrating all the Group's operations under one roof and utilising its own  studios
is  to  consolidate the functions of music production and publishing in-house in order to manage costs  and  to
integrate  functions  that  would  otherwise be subject to external contracting.  Various  contracts,  artists,
projects and agreements are signed to the Mission Group's companies.

For further information please refer to the Company's website at: www.papaentertainmentplc.com