Coolabi PLC - New Commission

RNS Number:0979R
Coolabi PLC
31 March 2008

Coolabi plc ("Coolabi" or "the Company")

CBeebies commissions second series of Coolabi's animated hit
The Large Family

London, UK (31 March, 2008): Coolabi Productions Ltd, the television production
division of Coolabi plc (COO:L), announces that its successful pre-school
animated series The Large Family has been commissioned for a second series of 26
X 11 minute episodes by the BBC channel, CBeebies.

Based on the best-selling books by Jill Murphy, The Large Family proved to be a
hit with viewers when it launched in October 2007, the first series becoming one
of the best rated shows on CBeebies in the UK and TF1 in France.

Since its debut, the series has proved to have global appeal, with sales to date
in territories as diverse as Australia, Portugal, Iran and Sweden, amongst
others. Worldwide sales are being managed by BBC Worldwide, who are also
planning a major licensing and merchandising campaign.

Coolabi is now working to pull all other elements of the production of the
second series together, including the remainder of the funding, and expects to
move into production later this calendar year.

This commission follows hot on the heels of Coolabi's other recent production
announcements, including the commissioning of new animated series Poppy Cat by
Nickelodeon's Nick Jr in the UK in January and the signing of a development deal
with Disney Channel's London-based Global Original Programming Division last
November.

Commenting on the deal, Jeremy Banks, Chief Executive of Coolabi said:

"Following the proven success of the first series of The Large Family, we are
delighted to be continuing such a successful relationship with CBeebies.

"Our production business continues to go from strength to strength and this
represents another important milestone in the development of that part of our
business."

Michael Carrington Controller, CBeebies said:

"The Large Family is a wonderfully engaging series with a family of characters
which are hugely identifiable for our young audiences. I'm thrilled that
CBeebies is continually able to attract such great talent and expertise to work
with us."

ENDS

Enquiries:

Jeremy Banks, Chief Executive, Coolabi plc:
T: 020 7258 7080

Bobbie Hilliam
Evolution Securities Ltd
T: 020 7071 4300

Verity Williams
Portland for Coolabi:
T: 020 7404 5344
E: verity.williams@portlandpr.co.uk

About Coolabi plc:

Coolabi plc (COO:L) the AIM-listed company specialises in the ownership,
development, production and creative management of high quality intellectual
property assets and their global exploitation through licensing, merchandising
and distribution.

The group owns or controls the intellectual property rights to international
brands including Purple Ronnie, as well as selected rights to properties such as
the Hammer House of Horror.

In October 2007 Coolabi plc acquired Indie Kids Ltd, a boutique production
company responsible for a variety of hit shows including The Large Family and
Fungus The Bogeyman for CBBC and The Worst Witch for CiTV

Coolabi is actively looking to increase the number and range of intellectual
property assets that it owns, develops and manages. Whilst a proportion of this
growth will come from the development of Coolabi's existing development slate,
the majority will be as a result of the group's acquisition strategy.

http://www.coolabi.com

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