CGNY Cagney

RNS Number:0470X
Cagney PLC
22 May 2007


                                   Cagney Plc

                          ("Cagney" or the "Company")

                   Result of EGM and Issue of Further Shares


22 May 2007 - At the Extraordinary General Meeting of the Company held today
Resolutions put to shareholders to authorise the Directors to allot the New
Ordinary Shares in connection with the Placing, Option and Acquisition were duly
passed.

Accordingly completion of the Placing will occur on admission of the 38,000,000
Placing Shares and the 5,488,000 Consideration Shares to trading on AIM, which
is expected to occur at 8.00 a.m. tomorrow, 23 May 2007.

The Company can now confirm the number of ordinary shares due as deferred
consideration to the vendors of The Media Foundry International Limited ("TMF")
and Cubo Brand Communications Limited ("Cubo") under their respective sale and
purchase agreements.

The vendors of TMF are due 5,354,607 ordinary shares of 1p each, being #269,069
at a strike price of 5.025 pence, which are expected to be admitted to trading
on AIM at 8.00 a.m. tomorrow, 23 May 2007.

The vendors of Cubo are due 55,988,484 ordinary shares of 1p each, being
#2,547,476 at a strike price of 4.55 pence, which are expected to be admitted to
trading on AIM on or around April 2008.

Unless the context otherwise requires, defined terms used in this announcement
shall have the meanings given to them in the circular dated 27 April 2007.



For further information, please contact:

Cagney Plc
Paul Simons, Chief Executive            Tel: 020 7637 4198

KBC Peel Hunt
Richard Kauffer                         Tel: 020 7418 8850

Cubitt Consulting
Michael Henman                          Tel: 020 7367 5106
Allison Reid                                 020 7367 5116





About Cagney Plc

Cagney Plc is an integrated group of marketing services firms. It was created
through the acquisition and integration of four businesses: BrandAid (brand
consultancy), Chick Smith Trott (advertising and design), Cubo (promotional
marketing), The Media Foundry (public relations). The enlarged business was
floated on the AIM market in February 2006 at which stage it raised #2.5m
(including loan notes). In January 2007 Cagney acquired Tree (London), a
consumer research agency. www.cagneyplc.com




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

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