JTV Jumptv

RNS Number:1437R
JumpTV Inc.
13 February 2007



                     JumpTV Announces Common Share Offering

THIS NEWS RELEASE IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE 
SERVICES OR DISSEMINATION IN THE UNITED STATES.

February 12, 2007

TORONTO, ONTARIO-JumpTV Inc. ("JumpTV" or, the "Company") (AIM:JTV) (TSX:JTV)
announces today the launch of a proposed public offering of common shares in
each of the provinces of Canada. Canaccord Capital Corporation and Morgan
Stanley Canada Limited are the joint bookrunners of the underwriting. Paradigm
Capital Inc., Loewen, Ondaajte, McCutcheon Limited and GMP Securities L.P. are
also underwriters. Panmure Gordon (Broking) Limited has been engaged to provide
JumpTV with UK and European capital markets advice in addition to advice
received by JumpTV from the underwriters.

In connection with the proposed offering of common shares, JumpTV has filed a
preliminary short form prospectus with the securities regulatory authorities in
each of the provinces of Canada. The terms of the offering, including the number
of securities offered and the offering price, will be determined at the time of
pricing.

Trading in the Company's shares will be temporarily suspended on the AIM market
of the London Stock Exchange pending finalization of the terms of the proposed
common share offering.

The net proceeds from the proposed offering will be used primarily to fund the
continued roll-out of the JumpTV delivery infrastructure, to fund further
investment in product development and technology, to fund JumpTV's subscriber
acquisition strategy as well as to fund general corporate expenditures and
working capital requirements of JumpTV's business including possible
acquisitions.

In keeping with its overall strategy, the Company is currently evaluating
various potential acquisition opportunities. Although no agreements or
understandings have been reached and no commitments made with respect to any
transaction, there have been significant discussions in certain cases. While
JumpTV intends to continue discussions relating to one or more of these
potential acquisition opportunities following the completion of the offering, it
is not possible to predict whether any of these discussions may lead to the
announcement of a transaction, or the timeframe within which this might occur.
However, JumpTV cannot preclude the possibility that agreement on one or more
acquisition transactions will be reached in the weeks or months following the
closing of this offering. If agreement on one or more acquisition transactions
is reached, all or a portion of the net proceeds of the offering may be
re-allocated to effect such acquisitions.

Residents of Canada can obtain copies of the preliminary short form prospectus
from Canaccord Capital Corporation, BCE Place, Suite 3000, 161 Bay Street,
Toronto, Ontario M5J 2S1 (Tel: 416-869-7368, Attention: Lee Ward), from Morgan
Stanley Canada Limited, 181 Bay Street, Suite 3700, P.O. Box 776, Toronto,
Ontario M5J 2T3 (Tel: 416-943-8447, Attention: Dougal Macdonald) or via SEDAR on
www.sedar.com.

Contacts:

G. Scott Paterson
Chairman & CEO
JumpTV Inc.
T: +1.416.368.6464
paterson@jumptv.com

Alex Mackey
Catullus Consulting
T: +44 (0) 20 7736 2938
alex.mackey@catullusconsulting.com

NOMAD:
Canaccord Adams
Chris Bowman
T: +44 (0) 20 7050 6500
Chris.Bowman@CanaccordAdams.com

About JumpTV

JumpTV (AIM: JTV) (TSX: JTV) is the world's leading subscription-based
broadcaster of ethnic television over the Internet (as measured by number of
channels). With rights to broadcast 270 channels from over 70 countries, JumpTV
delivers its subscribers full-screen news, sports and entertainment content on a
real-time basis from all corners of the globe. JumpTV has subscribers in over 90
countries who view channels on the JumpTV online network via high-speed Internet
connections on their home computers, laptops, Internet-enabled televisions and
mobile phones. For additional information, visit www.jumptv.com.

This press release is not for publication or distribution or release in the
United States of America (including its territories and possessions, any State
of the United States of America and the District of Columbia), the Republic of
Ireland, the Republic of South Africa, Australia or Japan. The information
contained herein does not constitute or form part of an offer or solicitation of
an offer to purchase or subscribe for securities for sale in the United States,
the Republic of Ireland, the Republic of South Africa, Australia or Japan or any
other jurisdiction. The securities referred to herein have not been and will not
be registered under the United States Securities Act of 1933, as amended and may
not be offered or sold in the United States unless registered or pursuant to an
exemption from such registration. No public offering of securities is being made
in the United States.

With respect to the United Kingdom (the ''U.K.'') the proposed offering is only
being and may only be made to and directed at persons in the U.K. who are (a) a
''Qualified investor'' within the meaning of Section 86(7) of the Financial
Services and Markets Act 2000 of the U.K. as amended from time to time
(''FSMA'') and (b) within the categories of persons referred to in Article 19
(Investment professionals) or Article 49 (High net worth companies,
unincorporated associations, etc.) of the Financial Services and Markets Act
2000 (Financial Promotion) Order 2005 of the U.K. (''Financial Promotion
Order'') (all such persons together being referred to as ''relevant persons'').
The common shares are only available to, and any invitation, offer or agreement
to subscribe, purchase or otherwise acquire such common shares will be engaged
in only with, relevant persons in the UK.

The distribution of this announcement in certain jurisdictions may be restricted
by law and persons into whose possession any document or other information comes
should inform themselves about and observe any such restriction. Any failure to
comply with such restrictions may constitute a violation of the securities laws
of any such jurisdiction.

Shares in JumpTV have not been and will not be registered under the applicable
securities laws of Australia or Japan and may, subject to certain exemptions,
not be offered or sold within Australia or Japan or to, or for the account or
benefit of, citizens or residents of Australia, or Japan.

Forward-Looking Statements

Certain statements herein may constitute forward-looking statements, including
those identified by the expressions "may", "will", "should", "could",
"anticipate", "believe", "plan", "estimate", "potential", "expect", "intent" and
similar expressions to the extent they relate to the Company or its managements.
These statements reflect the Company's current expectations and are based on
information currently available to management. These forward-looking statements
are subject to a number of risks, uncertainties, assumptions and other factors
that could cause actual results or events to differ materially from current
expectations, including the matters discussed under "Risk Factors" contained in
the Company's prospectus (admission document) dated August 1, 2006 and the
matters discussed under "Risk Factors" contained in the Company's preliminary
short form prospectus dated February 12, 2007. These forward-looking statements
are made as of the date hereof, and the Company assumes no obligation to update
or revise them to reflect new events or circumstances.


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

END

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