JTV Jumptv

RNS Number:5072M
JumpTV Inc.
24 January 2008


JumpTV's Directors' Issued Shares in Lieu of Cash Compensation


TORONTO--(Marketwire - January 24, 2008) - Jump TV Inc. ("JumpTV" or the
"Company") (TSX: JTV) (AIM: JTV) announces that, on January 16, 2008, the
following directors were issued common shares of no par value in the capital of
the Company ("Common Shares") pursuant to JumpTV's Directors' Compensation Plan
through which the non-executive directors receive at least 50 percent of their
compensation in the form of shares.


James McNamara received 1,364 Common Shares; Mark Amin received 933 Common
Shares; Curt Marvis and Lorne Abony each received 682 Common Shares; and Gary
Slaight received 985 Common Shares. The price per share was CDN $2.18. Each of
the directors holds less than 1% of the issued and outstanding shares of the
Company.


In addition, during the period from May 31, 2006 to January 16, 2007 the Company
issued 645,022 Common Shares to certain employees and consultants as they vested
under JumpTV's restricted share unit plan ("RSUP"). Application has been made
for the admission of all of the Common Shares noted above to trading on AIM. The
shares will rank pari passu with existing Common Shares and it is expected that
admission will occur on January 25, 2008.


Following admission of the new shares, the total issued share capital of the
Company will be 49,275,796 Common Shares, excluding 1,840,097 shares held in
escrow that are issuable based on the achievement of certain performance
criteria.


In addition, there are a maximum of 156,516 Common Shares remaining that may be
issued pursuant to the RSUP and the company has made a block admission
application in relation to the same which is expected to be in place from 28
January 2008. 

Enquiries:

Lewis Goldberg
KCSA Worldwide
+1-212-896-1216
Email Contact

G. Scott Paterson
Executive Chairman
JumpTV Inc.
+1-416-368-6464
Email Contact

Chris Bowman
Andrew Chubb
Canaccord Adams Limited
+44 207 050 6500




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

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