Rivington Street Holdings Plc

             Update and Notice of Intention to Appoint Liquidators
                           for Isle of Man entities

RIVINGTON STREET HOLDINGS PLC

ISDX: RIVP

29 January 2014

                         Rivington Street Holdings Plc

                            ("RSH", the "Company")

   Update and Notice of Intention to Appoint Liquidators for the Isle of Man
                                   entities

The Directors of the Company, all of whom are non-executive, would advise that
further to the announcement regarding the suspension of trading of the
Company's shares on 3 October 2013 and the announcement on 20 November 2013 of
the intention to appoint Administrators, ReSolve have been appointed to the
Administration of the UK entities.

The Directors are not privy to the progress of the Administration, but they are
aware that the assets of T1ps.com and Ex Events have been acquired by Galloway
Limited for a total consideration of £170,000, including the settlement of
historic creditors, following an extensive marketing process in which Galloway
Limited's offer was considerably in excess of all other tenders. The sum paid
is in addition to the £3.7 million unsecured loan that Galloway Limited has
already extended to the Company.

As it is clear that there is no possibility of alternative funding, the
Directors have now resolved to initiate the process of liquidating the Isle of
Man registered entities (including RSH itself). In the light of the above, the
Company will not be issuing Statutory Accounts for the period ending January
2014.

The Directors understand that Galloway Limited is considering how to offer
qualifying RSH shareholders, subject to status and free of charge, up to 25% of
the issued capital of a new financial media business. This business would
include, but not be limited to, the media assets acquired by Galloway Limited
by the exercise of options and the acquisition of assets from the
Administration.

END

The Directors take responsibility for this announcement.

For further information contact:-

Denham Eke: Rivington Street Holdings PLC, +44 (0) 1624 639396

Roland Cornish: ISDX Corporate Advisor, Beaumont Cornish, +44 (0)20 7628 3396