EIC Eicom

RNS Number:6359T
Eicom PLC
23 March 2007

23 March 2007

             EICOM plc ("Eicom" or "the Company"; stock code: EIC)

                            Issue of Ordinary Shares

Further to an announcement on 3 November 2006 relating to the signing of a
series of put and call options to raise a maximum of #2.7million net of
discount, Eicom, the digital TV channel management company, announces that it
has exercised the first two options and has placed 13,086,912 Ordinary Shares of
0.5p each at an average price of 7.64p per share to raise #1 million gross of
placing fees, #950,000 net of placing fees.

Application has been made today for these shares to be admitted to AIM, and
trading is expected to commence on 29 March 2007.

This brings the total number of Ordinary Shares with voting rights to 17,980,396
which may be used by shareholders in the Company as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change in their interest in, the share capital of the Company
under the FSA's Disclosure and Transparency Rules.

For further information, please contact:

Eicom plc                                                          0870 850 8102
Steve Timmins, Chief Executive

Grant Thornton Corporate Finance                                   020 7383 5100
Fiona Owen

Pacific Continental Securities                                     020 7769 7769
David Morgan/Glynn Reece

Bankside Consultants                                               020 7444 4140
Susan Scott/Michael Padley

ENDS



                      This information is provided by RNS
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