JUM Jumpit

RNS Number:3124N
Jumpit ASA
05 February 2008



Jumpit ASA

("Jumpit" or the "Company")

Further re placing


Further to the announcement of 2 January 2008 the Company announces that it has
received all funds and issued all shares pursuant to the recent placing.

As announced on 14 December 2007, the Company is issuing a total of 50,000,000
new ordinary shares at a price of NOK 0.05 per share (approximately 0.45p) (the
"Placing Shares") (the "Placing").  The Placing has raised a total of NOK
2,500,000 (approximately �225,000).

The Company has today made application for the admission of the Placing Shares
to trading on AIM.  Admission is expected to take place on 11 February 2008.

Substantial shareholdings and directors holdings resulting from the Placing are
as follows:


Name                                                          No. of shares     Interest in issued share
                                                                                     capital (direct and
                                                                                               indirect)
Springfield AS                                                   43,304,732                        43.05
RAB Special Situations (Master) Fund Limited                     22,732,811                        22.60
Morten Hansson                                                    2,000,000                         1.99


Following the Placing, there will be 100,596,570 shares in issue.



Enquiries:

Jumpit                       Morten Hansson                    + 47 67 82 70 40
                             Chief Executive Officer

Hanson Westhouse Limited     Bill Staple / Martin Davison      020 7601 6100



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

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