ERT Enter Rights.

RNS Number:0674Y
Entertainment Rights PLC
28 April 2004

                    Entertainment Rights plc (the "Company")

               Result of Firm Placing and Placing and Open Offer


On 25 March 2004, the Company announced a Firm Placing and a Placing and Open
Offer of an aggregate of 150,408,893 new ordinary shares of 5p each in the
Company ("New Ordinary Shares") at a price of 11.25p per share to raise #16.9
million before expenses.

Of the 71,548,742 New Ordinary Shares available for take up under the Open
Offer, valid applications had been received by the latest time for receipt of
applications under the Open Offer of 11.00 am on 27 April 2004 for an aggregate
of 34,021,206 New Ordinary Shares (including from certain Directors of the
Company and from Ashby Manor Limited in respect of an aggregate of 18,633,450
New Ordinary Shares pursuant to irrevocable undertakings previously given by
them). This represents approximately 47.45 per cent. of the New Ordinary Shares
made available under the Open Offer.

The 37,527,536 New Ordinary Shares not taken up under the Open Offer, together
with the 78,860,151 New Ordinary Shares the subject of the Firm Placing, have
been conditionally placed by Collins Stewart Limited, as agent for the Company,
with institutional and other investors.

The Firm Placing and the Placing and Open Offer remain conditional upon the
150,408,893 New Ordinary Shares being admitted to the Official List of the UK
Listing Authority and to trading on the London Stock Exchange plc's market for
listed securities ("Admission").

Application has been made to the UK Listing Authority and to the London Stock
Exchange plc for Admission, which is expected to take place at 8.00 am on
Thursday, 29 April 2004.


                                    - ends -

Enquiries:

Entertainment Rights plc                020 8762 6200
Mike Heap, CEO
Elizabeth Gaines, Finance Director
Julie King, Group PR Manager

Collins Stewart Limited                 020 7523 8350
Stephen Keys, Corporate Finance

Bell Pottinger                          020 7861 3232
David Rydell/Charles Reynolds


About Entertainment Rights

*  Entertainment Rights Plc (ER) is one of the UK's fastest growing media
   groups specialising in the ownership of high quality children's and family
   programming, characters and brands.

*  The company owns the rights to a number of popular children's characters
   including Basil Brush, Postman Pat and Little Red Tractor.

*  Since 1999, when ER owned rights to just 50 hours of programming, ER's
   library has grown to over 1,200 hours of high quality children's and family
   programming. This includes rights to global brands such as Mattel's
   BarbieTM, Scholastic's CliffordTM, Hasbro's Transformers, as well as other
   well-known brands including Casper the Friendly Ghost and Felix the Cat.

*  The acquisition of Filmation adds a further 500 hours of progamming to
   ER's library, bringing the total library to 1,700 hours. Filmation includes
   the rights to classic characters He-Man and Masters of the Universe, She-Ra,
   Ghostbusters, BraveStarr, Fat Albert and The Lone Ranger.

*  ER has grown rapidly. Annual revenues have grown from #1.8m in 1999 to
   #29.5m in 2003, the last reported financial year.

*  High resolution images are available for the media to view and download
   free of charge from http://www.vismedia.co.uk.



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

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