CECU Cec Unet

RNS Number:0060H
CEC UNET PLC
05 November 2007



                                  CEC Unet Plc

                       Change of Holdings in the Company


London, Beijing, 2 November 2007: CEC Unet plc (formerly Sun 3C Media Plc), the
Chinese mobile media services company listed on AIM (AIM: CECU) announces that
it has been notified that Dr Bruno Wu, a director of the company, has reduced
his notifiable interest in the share capital of the Company.

Dr Wu has entered into a series of transactions with parties unrelated to CEC
Unet plc pursuant to which he has agreed to cede control of certain private
companies which held shares in CEC Unet plc as consideration for other assets.
As a result of these transactions, his interest in the company has been reduced
to 50,792,326 ordinary shares, representing 9.4 per cent of the issued share
capital as at 29 October 2007.

Consequently, China Electronic Appliance Corporation ("CEAC") has become CEC
Unet's single largest shareholder with an interest of 77,355,946 ordinary
shares, representing 14.3% per cent of the issued ordinary share capital. CEAC
is one of China's top three logistics and electronics distributors companies and
a subsidiary of China Electronics Corporation, one of China's largest producers
and distributors of mobile handsets. CEAC's strategic shareholding is central to
growing CEC Unet's business to become the leading mobile payment network in the
People's Republic of China.

Dr. Wu will continue to exercise his responsibilities as an executive director
on CEC Unet's board and remains fully committed to the company and its future
success.


                                     -ends-


Enquiries:

Brunswick Group LLP                                   020 7404 5959
James Hogan / Carole Cable

Blue Oar Securities
William Vandyk                                        020 7448 4400


About CEC Unet:

CEC Unet Plc (AIM: CECU) is a Chinese mobile media and services company based
out of Beijing. CEC Unet is focused on two related, but separate areas in 
China's mobile industry: content and services, and distribution and payment.

With our unique combination of assets, distribution network and highly
experienced management we are in a position to capitalise on an historic
opportunity in China's mobile services industry.



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