NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached

(ii):Vitesse Media Plc

2. Reason for the notification (please state Yes/No):

An acquisition or disposal of voting rights: (YES)

An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: (NO)

An event changing the breakdown of voting rights: (NO)

Other (please specify): (NO)

3. Full name of person(s) subject to the notification obligation

(iii):Unicorn Asset Management Limited

4. Full name of shareholder(s) (if different from 3.) (iv)

:Unicorn AIM VCT II PLC

5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):

2nd November 2007

6. Date on which issuer notified:9th November 2007

7. Threshold(s) that is/are crossed or reached:

Over 6%8.

Notified details:

A: Voting rights attached to shares

Class/type of shares if possible using the ISIN CODE

Situation previous to the Triggering transaction (vi)

GB0006563406

Number of shares Number of voting
Rights (viii)
Nil Nil

Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using the ISIN COD

Number of voting rights(ix)

% of voting rights

Direct

Nil

Direct (x)

Indirect (xi)

1,600,000

 

Direct

Indirect

6.534%

Nil

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of financial instrument Expiration Date (xiii) Exercise/Conversion Period/ Date (xiv) Number of voting rights that may beacquired if the instrument is
exercised/ converted.
% of voting rights
N/A

Total (A+B) Number of voting rights % of voting rights
1,600,000 6.534%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):

Voting Right % of Total
Unicorn AIM VCT II PLC 1,000,000 4.084%
Unicorn AIM VCT II - C Share Plc 600,000 2.450%

Proxy Voting:

10. Name of the proxy holder


:N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights

:N/A

13. Additional information:

N/A

14. Contact name:

Kym Kingwill

5. Contact telephone number:

020 7250 7047