ZIN Zinc Media Group Plc

RNS Number:5808P
Ten Alps PLC
07 March 2008

Press Release                                                       7 March 2008

                                  Ten Alps plc

                          ("Ten Alps" or the "Group")

                 Acquisition of Sovereign Publications Limited

Ten Alps Plc, (AIM: TAL) the factual media company, announces the acquisition of
Sovereign Publications Limited (Sovereign), a B2B publishing company based in
London.

The acquisition expands Ten Alps' output of specialist factual media with 33 new
titles and a range of associated websites, principally in the healthcare,
finance, technology and energy sectors. Sovereign's revenues for the financial
year to May 2007 totalled �3.16 million.

Ten Alps' portfolio of factual media therefore now comprises over 740
publications, as well as specialist digital and online TV, factual TV programmes
and live events.

The transaction values Sovereign up to a total enterprise value of �2.625
million.  The consideration, which is being financed from existing resources and
additional bank borrowings, is an initial �100,000 with a possible further earn
out payment of up to �850,000 payable on delivery of tiered profit targets. As
part of the consideration Ten Alps will take on an estimated �1,675,000 of net
liabilities on completion.

The majority of Sovereign's titles are wholly owned, with the rest
contract-published against long term arrangements. Titles include Airport,
Renewable Energy, Hospital Decisions International, Alternative Investment
Review, Climate Change, World Defence Systems, Power China, Wealth Management
Review and Nuclear Technology International.

Sovereign will be managed within the Communications Division of Ten Alps, which
is now one of the largest contract and specialist publishing businesses in the
UK.

Adrian Dunleavy, CEO of Ten Alps' Communications Division, said:

"Sovereign has an excellent portfolio of titles with very strong positions in
their respective sectors. We hope to develop this range further at the same time
as extending their reach into "events" and "on line" formats which represent a
valuable opportunity for us to gain additional income. We are looking forward to
working with the team at Sovereign and to the continued growth of the business."

Alex Connock, CEO of Ten Alps Plc said:

"This acquisition represents a further example of the very attractive
consolidation opportunities in the specialist media sector, which spans the full
range of output from TV to print and online.  Commercial and public sector
organisations are using content to interact with customers on a number of
outlets at once, and we are helping them do it.

                                    - Ends -

For further information, please contact:
Ten Alps plc
Alex Connock, CEO                                      Tel: +44 (0) 20 7878 2311
                                                               c/o Moira McManus
                                                                 www.tenalps.com
Collins Stewart, Nominated Adviser
Chris Wells / Mark Connelly                            Tel: +44 (0) 20 7523 8350
                                                         www.collins-stewart.com
Media enquiries:
Pelham PR
Alex Walters / Hugh Barker                             Tel: +44 (0) 20 7743 6670
                                                                www.pelhampr.com



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

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