Europe Vision Plc - Half-Year Report


Europeinvestment A/S
CVR no. 10435013
c/o Inwema ApS
Kongevejen 53, DK-2840  Holte
Telephone:  0046 8 545 00140


Stock Exchange Notification 2007-09-28


Re.:	Europe Vision Plc - Half-Year Report


Europe Vision Plc, the AIM listed studio-to-screen European media company which
Europeinvestment A/S holds 24,92 % shares of, has today announced its half-year
report. 

The half-year report shows that Europe Vision Plc has had a profit after
taxation during the period 1 January to 30 June 2007 of GBP 388,000. 

The complete half-year report is available at www.europevisionplc.com.

In connection with the publication of the half-year report, Europe Vision Plc
has provided the following information about the status of Europe Vision Plc: 

Qualification in annual report

The annual report of Europe Vision Plc contained a qualification as to
limitation of scope caused by the refusal of a third party (Tritel Management
Group Inc ‘TMG') to provide information. 

In order that such a qualification in the next annual audited accounts be
avoided, Europe Vision Plc, in consultation with its new auditor, has taken
steps with TMG whereby TMG has agreed to allow access in future to the Europe
Vision Plc's auditor in respect of the financing of the Morocco Film City
project. 

Business developments

Europe Vision Plc's involvement with the development in Morocco Film City and
the films being produced under that banner continues as planned.  'Deadline
Beirut' and ‘Baby' have completed their editing process, 'Kato' is in edit,
'The Message' is in early pre-production and 'Sebastian's Love' is in
development. Europe Vision Plc expects to be able to announce involvement with
other films before the end of this calendar year. 

On the distribution side Europe Vision Plc remains on track to release 'El
Benny' (nominated for an Oscar in the best foreign film category) this autumn. 

In addition, Europe Vision Plc has earned revenues from the development of its
management and consulting services in the audio visual field. There have been
exciting developments in the transposing of the Morocco Film City blueprint to
other international sites which the Company expects to manage. In Vietnam the
Company has signed a consultancy agreement with a developer who is building
shopping malls with Vietnam's first cinema complexes as an integral part.
Advanced discussions are underway with the municipal government to joint
venture with them a leisure and media complex to be built in Shanghai. 

Listing status

There has been very little liquidity in the shares of Europe Vision Plc, and
such trading as has occurred, has seemingly been outside the market in matched
buyers and sellers, thereby avoiding the spread imposed by the market makers. 

Having taken into account the AIM market situation, the Nomad discussions and
the corporate residency needs, the Board of Directors of Europe Vision Plc has
decided that it may be in the best interests of Europe Vision Plc (subject to
shareholder consent pursuant to AIM Rule 41) to de-list from the AIM market and
to make application to re-structure through a new corporate entity to be listed
on an alternative stock market such as the Plus market or the Frankfurt Stock
Exchange. 

Discussions are underway with potential sponsoring institutions whereby a new
entity (whose shareholders would be the existing shareholders of Europe Vision
Plc and whose business would be the present business of Europe Vision Plc) will
undertake the process of listing and reverse take over. 

Effect for Europeinvestment A/S

At a Board meeting in Europeinvestment A/S on Monday, October 1, the Board of
Directors of Europeinvestment A/S will decide whether the notification from
Europe Vision Plc will cause the Board of Directors of Europeinvestment A/S to
change its view as to the realistic net proceeds in connection with
Europeinvestment A/S' sale of its shares in Europe Vision Plc. 

A notification will be published by Europeinvestment A/S on October 1, 2007 if
the Board of Directors of Europeinvestment A/S believes that the value has
changed due to the notification from Europe Vision Plc. If no change is
required, no separate notification will be published. 


Questions may be made to managing director Castro Khatib at telephone 0046 8
545 00140. 

Europeinvestment A/S