RNS Number:8805F
Maverick Entertainment Group PLC
01 December 2004



                Maverick Entertainment Group plc ("the Company")

                                    Placing

Maverick Entertainment Group plc, the AIM listed company specialising in the
creation, acquisition and development of IPR in children's films, television
programmes, characters and related entertainment products is pleased to announce
that it has conditionally raised #110,945 through a placing of 44,378,000 new
ordinary shares at 0.25p per share ("Placing Shares"). As with other placing
money raised recently, this will provide the Company with additional working
capital to, inter alia, complete the production of the Muffin the Mule
television series.

Application has today been made for the admission of the Placing Shares to
trading on AIM. The shares will rank pari passu with the existing ordinary
shares of the Company. Dealings in the Placing Shares are expected to commence
on 7 December 2004.

For further information please contact:

Mike Diprose/Sookra Raveendran             Katy Pratt                       Mark Percy
Maverick Entertainment Group PLC           Tavistock Communications Ltd     Seymour Pierce
Tel: 01844 260 858                         Tel: 020 7920 3150               Tel: 020 7107 8000
Email: info@maverickentertainment.co.uk    Email: kpratt@tavistock.co.uk  



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

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