29 December 2006

                               iPoint-media plc                                

                          ("iPoint" or "the Company")                          

                Director and other shareholdings in the Company                

iPoint, a provider of 3G/IP video interactive application platforms, has been
notified that Efraim Sagi Investments Ltd., a company which is wholly owned by
Efraim Sagi, non-executive chairman of the Company, has purchased 2,550,954
ordinary shares in the capital of the Company ("Shares") at a price of 7.9p
each, equivalent to 2.79 per cent. of the issued share capital of the Company,
which represents his entire interest in the capital of the Company.

The Company has also been notified that two shareholders of the Company,
Cornell Capital Partners, LP ("Cornell") and NeoMedia Technologies Inc.
("NeoMedia"), have disposed of 7,573,975 and 12,875,609 Shares, respectively.
Both Cornell and Neomedia no longer have a notifiable interest in the Company.

The Company has also been notified that the parties set out below have acquired
the following Shares:

Name of shareholder                     Number of Shares   Percentage of   
                                            acquired      issued capital   
                                                                held       
                                                                           
Equital Ltd.                               4,336,621           4.74%       
                                                                           
j.o.e.l. Jerusalem Oil Exploration Ltd.    4,336,621           4.74%       
                                                                           
Clal Finance Batucha Investment            4,336,621           4.74%       
Management Ltd.                                                            
                                                                           
Bicurie Hasade Darom Agricultural          3,188,692           3.49%       
Produce Marketing (2002) Ltd.                                              

The holdings set out above represent the respective parties' entire interests
in the capital of the Company.

For further information:

iPoint-media plc                                          +(0) 972 544 450 667
                                                                              
Muki Geller                                               +44 (0) 207 330 6800
                                                                              
Clive Garston                                                                 
                                                                              
John East & Partners Limited                              +44 (0) 207 628 2200
                                                                              
Bidhi Bhoma                                                                   



END



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