One Media IP : Dividend Declaration - Correcting Announcement

                            One Media iP Group Plc

                 ('One Media' or 'the Group' or 'the Company')

                Dividend Declaration - Correcting Announcement

The Company's announcement of Monday 27 June in respect of its Dividend
Declaration stated that it intends to pay an interim dividend of 0.071p per
ordinary share in respect of the year ending 30 April 2015. This should have
stated that it intends to pay an interim dividend of 0.071p per ordinary share
in respect of the period ending 30 April 2016.

All other details contained in the announcement remain unchanged.

 The full amended announcement is shown below.

                            One Media iP Group Plc

                 ('One Media' or 'the Group' or 'the Company')

                             Dividend Declaration

One Media is pleased to announce an interim dividend for the financial
Half-Year ending 30 April 2016. Pursuant to the interim dividend payment of
0.071p per share announced in November 2015, the Group is pleased to announce
that it intends to pay an interim dividend of 0.071p per ordinary share in
respect of the period ending 30 April 2016.

The ex-dividend date for this payment is 7 July 2016, the record date is 8 July
2016 and the expected payment date on or by 22 July 2016.

For further information, please contact:

One Media iP Group Plc                                    Chairman and Chief
Executive

Michael Infante                                                  Tel: +44 (0)
175 378 5500

One Media iP Group Plc                                    Financial Controller
/ Company Secretary

Nigel Smethers                                                  Tel +44 (0)175
378 5501

One Media iP Group Plc                                   Communications
Manager

Alice Dyson-Jones                                            Tel +44 (0)175 378
5501

Cairn Financial Advisers LLP                            Nominated
Adviser

Liam Murray / Jo Turner                                    Tel: +44 (0)20 7148
7900

Panmure Gordon (UK) Limited                          Broker

Fred Walsh                                                        Tel: +44 (0)
20 7886 2500

Notes to Editors:

Based at Pinewood Studios, One Media is an 'intellectual property' (IP) owner
and controller of rights within the digital arena concerning music, video and
digital distribution. The consumer led but B2B (Business-to-business) operation
looks to exploit its catalogue of over 250,000+ music tracks and over 10,000
hours of video by recompiling the content for sale through over 600 digital
music and video stores groups worldwide.

The Company has a team of Creative Technicians, all of whom are YouTube
certified, who digitise the content, create the metadata, re-compile and
prepare the digital music & video releases using bespoke in-house developed
software. Additionally, One Media makes its library of content available for TV
shows, movies, adverts and websites requiring synchronised music. One Media
focuses on music performed by well-known artists from every genre, including;
pop, rock, reggae, R&B, children's music, karaoke, jazz, soul, blues, rap,
hip-hop, gospel, world-music, plus stand-up comedy, spoken-word. In July 2014
the Group acquired for a consideration of USD$1.6m the Point Classics classical
music library bringing the number to over 10,000 classical tracks now available
to the Group for exploitation. The Group owns all the rights to the Men &
Motors (originally Granada/ITV) TV shows originally aired on British TV between
1996 and 2010. Comprising of over 3500 shows is available for viewing on the
Groups YouTube Channel. Recently the Group has developed a content discovery
and policing software service 'Technical Copyright Analysis Tool' (TCAT) as a
new service to record companies, publishers and law firms searching information
of artist and tracks on legitimate digital stores.

One Media is eligible for Enterprise Investment Schemes ('EIS') and Venture
Capital Trusts ('VCT'). The company is profitable, cash resourced and has
operated an active dividend policy since 2011.