IFM Intandem

 
TIDMIFM 
 
15 September 2009 
 
                               INTANDEM FILMS PLC 
                          ("Intandem" or the "Company") 
 
                             DISPOSAL OF INVESTMENT 
 
Intandem  Films  plc  announces  that  it  has  today  disposed  of  its  entire 
shareholding  in  Radical  Publishing  Inc  ("Radical"),  a  Los  Angeles  based 
publisher  of  comic  books  and graphic novels, of 1,000,000  ordinary  shares, 
representing 9.5 per cent., for a total consideration of $750,000. 
 
The  shares were originally acquired in two equal instalments in July  2007  and 
January 2008 for a total cost of GBP150,617. As a result the disposal represents a 
profit of approximately GBP300,000 on the investment in Radical. 
 
Intandem intends to continue its close working relationship with Radical and  is 
developing  a  number of films based on its intellectual property.  Intandem  is 
currently  negotiating its appointment as executive producer  and  international 
sales company for those films. 
 
As  announced on 28 July 2009 the Company has been reviewing a number of options 
to  improve  its working capital position. The sale of the interest  in  Radical 
will  greatly  assist  the  Company in alleviating its current  working  capital 
constraints to meet its immediate working capital needs. The Company will update 
shareholders on potential film financing agreements in due course. 
 
For further information, please contact: 
 
Gary Smith             Intandem Films plc    0207 851 
                                             3800 
 
James Caithie/Antony   Dowgate Capital       020 7492 
Legge                  Advisers Limited      4777 
 
Ruari McGirr / Mark    St Helen's Capital    020 7628 
Anwyl                                        5528 
 
www.intandemfilms.com 
 

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