GON Galleon Hldgs

RNS Number:3711R
Galleon Holdings PLC
02 April 2008



2 April 2008



                              Galleon Holdings plc
                          ("Galleon" or "the Company")



                                 AGM Statement
                           Partnership with RDF Media


At today's AGM the Company will make the following statement to shareholders:

We are delighted to inform the market that the positive trends outlined in our
annual report have continued into the current year resulting in an encouraging
half year for the Company. Revenues for the half year 2007/2008 will exceed that
of the previous full year.

Following the acquisition of the wireless service provider Yunbo, in China,
Galleon has established its position as a specialist in creating, distributing
and monetising cross platform interactive entertainment content throughout South
East Asia and China. Part of our strategy is to grow our pipeline into the
region through the interactive services that we provide to the broadcasters.
Currently we provide interactive services to 5 broadcasters and we aim for this
to be at least 10 broadcasters by the end of the year.

Strategically we will leverage this network and business model by co-producing
with South East Asian and Chinese broadcasters on mass market interactive
entertainment brands.

In China, Super Soccer Star, our first production with Guangdong sports channel
and Chelsea Football Club will be aired to an estimated audience of
approximately 50 million viewers on Friday 4th April and will run each Friday at
7.30pm for the next 13 weeks.

This show has already attracted attention from other broadcasters in China and
South East Asia presenting the opportunity of establishing the franchise as we
roll the program out across the region.

We have agreed to launch a second Galleon entertainment property with another
leading Chinese broadcaster in 2008. We will announce more details on this once
the broadcast schedule is confirmed.


Partnership with RDF Media

Having validated the pipeline and demonstrated the flexibility of our business
model we have sought access to a library of entertainment content and production
expertise that we can exploit within China and SEA. To this end we are delighted
to announce that Galleon has entered into an agreement to work with RDF Media to
co-produce a select number of shows with leading broadcasters in China
leveraging the best of RDF creative content and Galleon's business model and
expertise in executing these shows in the territory.


Notes to editors - about RDF (www.rdfmedia.com)

The RDF Media Group is a group of companies that creates, acquires and
distributes compelling television content, mainly in the factual, entertainment,
drama and children's programming genres. The Group seeks to maximise the
worldwide commercial value of this intellectual property through its rights
exploitation division. RDF was founded in 1993 and floated on AIM in May 2005.
In the year to 31 January 2007, the Group earned revenues of almost �100m.

Through its group members RDF Television, RDF USA, IWC Media, Touchpaper
Television, Presentable, Radar TV, The Foundation & The Comedy Unit the Group
makes television programmes for all the UK terrestrial broadcasters, a number of
secondary UK channels as well as several US Network and cable broadcasters. It
also sells programmes and formats to broadcasters worldwide and exploits
secondary rights such as DVDs and merchandising through RDF Rights & Pangea
Management Group.

Key shows include: Wife Swap - Channel Four/ ABC (US); Location Location
Location and Relocation Relocation - Channel 4; The Basil Brush Show - CBBC;
Ladette to Lady - ITV1; Scrapheap Challenge - Channel 4; A Room with a View -
ITV1; Shipwrecked: Battle of the Islands - Channel 4; The Secret Millionaire -
Channel 4; Mountain - BBC One; Dickinson's Real Deal - ITV1.

RDF has won numerous awards for its programming including a number of BAFTAs,
RTS awards, the Rose d'Or at Montreux and an International Emmy. In 2003, 2004
and 2005 RDF was voted the most respected and admired independent producer by
its peers and won Broadcast's Best Independent Production Company award in 2002,
2004 and 2006. IWC Media won the award in 2003 and RDF Rights won Broadcast's
Distributor Peer Poll in September 2007.

RDF has offices in London, Glasgow, Bristol, Cardiff, Maidstone, Bristol, New
York and Los Angeles and the Group employs about 600 people.


Enquiries:


Stephen Green, Chief Executive                       tel. +44(0)20 8742 3636
Galleon Holdings plc


Graham Swindells                                     tel: +44(0)20 3205 7500
Kaupthing Singer & Friedlander


John Bick,  Hansard Group                            tel. +44(0)20 7245 1100
www.galleonplc.com



                      This information is provided by RNS
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