LUD Ludorum

RNS Number:5282K
Ludorum PLC
21 December 2007


21st December 2007

                                  Ludorum plc

                            Disposal of anime assets


Ludorum plc ("Ludorum"), the AIM listed interactive media investment company,
today announces the disposal of the anime assets (the "Anime Assets") of its
subsidiary, Gong Limited ("Gong") to Shinjuku Media Limited, a company founded
by two former employees of Gong, for a total cash consideration of Euro190,000 (the
"Disposal").


The Assets consist principally of a number of content agreements and
distribution licenses for Anime content for exploitation across digital
distribution platforms.


Following the Disposal, Ludorum will no longer have any interests in Anime
content. The proceeds of the Disposal will be used for ongoing working capital
purposes and Gong will be renamed and will remain a trading subsidiary of
Ludorum.


In the financial year ending on 31 December 2006, Gong contributed a loss of
approximately �0.5m to Ludorum's overall operating losses of �1.9m and, further,
as at 30 June 2007, Gong had gross assets of approximately �0.37m of which
�0.14m consists of trade and other debtors and will be retained by Ludorum.


Enquiries:

Rob Lawes

Ludorum plc

+44 (0) 208 849 8735

Andrew Craig/Ben Poynter

Investec

+44 (0) 207 597 4000



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

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