MOB, the stock for 2005

Acquisition

RNS Number:2172W
MonsterMob Group PLC
28 December 2005



Date: 28 December 2005
On behalf of: Monstermob Group plc
Under embargo until: 0700hrs


Monstermob Group acquires Mobicon, Russia's leading mobile entertainment content
provider



Highlights



* Monstermob enters the Russian mobile content market via the acquisition
of Mobicon

* Russian mobile content market leader, operating a number of highly
recognised Russian brands

* Establishes platform for growth in third largest mobile phone market
worldwide (approximately 100m users)

* In the10 months to 31 October 2005, Mobicon recorded un-audited EBITDA*
of $2.6m on net revenues of $15.0m*

* Further step in Monstermob's global expansion

* Total consideration expected to be circa $27m, payable pre-dominantly
in Monstermob shares