Issue of Equity and Options

RNS Number:8289I
Playwize PLC
29 November 2007


Playwize PLC
29 November 2007


                                  Playwize plc
                          'Playwize' or 'the Company'
                                        
                                Issue of Equity
                                Issue of Options

The board of Playwize, the AIM quoted developer of software for the 
entertainment industry announces that pursuant to the issue of equity announced 
on 21 November 2007, and the appointment of HB Corporate, a trading division of 
Hoodless Brennan plc ("HB Corporate"), as Nominated Adviser also announced on 
21 November 2007, it has issued 10,000,000 ordinary shares of 1p each to HB 
Corporate (the "Consideration Shares"). The Consideration Shares have been 
issued as payment for the advisory services mentioned above. 

The Consideration Shares will represent approximately 5.35% percent of the 
Company's enlarged issued share capital. Application will be made for the 
Consideration Shares to be admitted to trading on AIM and dealings in the 
Consideration Shares are expected to commence on 5 December 2007. The 
Consideration Shares will rank pari passu with the existing shares.

The Company's enlarged share capital immediately following the issue of the 
Consideration Shares will be 187,007,794 ordinary shares of 1p, each share 
carrying the right to one vote.

Additionally, the board announces that it has granted HB Corporate an option to 
acquire 3,540,156 new ordinary shares in the Company (the "Option"). The Option 
is exercisable in whole or in part, up to and including the 28 November 2012 
at a price of 1p per option share.

                                    - Ends -

For further information, please contact:

Playwize plc (www.playwizeplc.com)
Foo Katan, CEO
Tel: + 44 (0)20 8282 7200
Email: foo@bitscorp.com

HB Corporate:
Rory Creedon / Jim McGeever
Tel: +44 (0)20 7510 8591




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

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