Repayment of Bank Debt

(AIM: OMIP) One Media iP Group Plc announces that it has repaid in full its outstanding long-term loan with Coutts & Company, using the Group's existing cash resources. The outstanding loan was last reported in the Company's half-year results at £0.58 million. Following repayment, the Group is now in a net cash position with no borrowings. One Media is a digital music rights acquirer, publisher and distributor with a diversified catalogue of over 400,000 music tracks. One Media adds value to its content by maximising its availability in over 600 digital stores globally, including Apple Music, YouTube, Amazon and Spotify. One Media operates over 20 YouTube channels as a certified partner. Men & Motors, the Company's branded car channel, is now available via YouTube.

Disposal of Interest in Round Group Limited

(AIM: OMIP) One Media iP Group Plc announces that it has completed the disposal of its entire equity interest in Round Group Limited for cash consideration. The Company's entire equity interest represented approximately 4.6% of Round's fully diluted share capital. In connection with the transaction, the Company has agreed a variation to its existing loan arrangements with Round. Under the revised arrangements, a portion of the loan will be redrawn by Round under the existing loan facility, following which the aggregate principal amount outstanding under the loan will be £175,000. One Media iP Group Plc is a digital music rights acquirer, publisher and distributor with a diversified catalogue of over 400,000 music tracks. One Media adds value to its content by maximising its availability in over 600 digital stores globally, including Apple Music, YouTube, Amazon and Spotify. One Media operates over 20 YouTube channels as a certified partner.