RNS Number:8873D
Medal Entertainment & Media PLC
15 November 2002

Medal Entertainment & Media plc

15 November 2002



SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES





1)   Name of company


Medal Entertainment & Media plc


2)   Name of shareholder having a major interest


Fountain Group Limited


3)   Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18


Fountain Group Limited


4)   Name of the registered holder(s) and, if more than one holder, the number
of shares held by each of them


Fountain Group Limited


5)   Number of shares/amount of stock acquired


  -


6)   Percentage of issued class


  -


7)   Number of shares/amount of stock disposed


53,485


8)   Percentage of issued class


0.58%


9)   Class of security


Ordinary shares of 10p each


10)  Date of transaction


11 November 2002


11)  Date company informed


11 November 2002


12)  Total holding following this notification


2,089,372


13)  Total percentage holding of issued class following this notification


22.85%


14)  Any additional information


The transaction related to the transfer of 53,485 Ordinary Shares to certain
employees of Fountain television Limited.  Fountain Group Limited still retains
its holding of warrants in Medal Entertainment & Media plc as disclosed in the
Company's prospectus dated 2 August 2002.


15)  Name of contact and telephone number for queries


Richard Swindells

020 7459 3600


16)  Name and signature of authorised company official responsible for making
this notification


Michael Mercieca, Finance Director & Company Secretary


Date of notification 15 November 2002






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

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