High Court Approves Scheme of Arrangement

Velti plc

High Court Approves Scheme of Arrangement

Recommended proposals to establish Velti plc (a company incorporated in Jersey
with registered number 103899) ("New Velti") as the holding company of Velti plc
("Old Velti") by means of a scheme of arrangement between Old Velti and its
shareholders under sections 895 to 899 of the Companies Act 2006 (the
"Scheme").

Old Velti announces that the Court approved the Scheme at a hearing today. The
Scheme, which is expected to become effective on 18 December 2009, will result in
New Velti becoming the holding company of Old Velti.

Scheme Shareholders will be entitled to receive one New Velti Share for every one
Old Velti Share held at 6:00 p.m. (GMT) on 17 December 2009.

It is expected that the cancellation of Old Velti Shares from AIM, the admission of
New Velti Shares to AIM, the crediting of New Velti Shares in uncertificated form to
CREST accounts and the commencement of dealings in New Velti Shares on AIM
will each occur at 8:00 a.m. (GMT) on 18 December 2009.

Capitalised terms used but not defined in this announcement have the meaning
given to them in the circular despatched to shareholders of Old Velti on 28 October
2009.

For further information, please contact:

Bankside Consultants
Simon Bloomfield
simon.bloomfield@bankside.com
+44 (0)207 367 8861

Steve Liebmann
steve.liebmann@bankside.com
+44 (0)207 367 8883

Andy Harris
andrew.harris@bankside.com
+44 (0)207 367 8866

Velti
Alex Moukas, Chief Executive Officer
+44 (0) 20 7633 5000

Wilson Cheung, Chief Financial Officer
+1 415 315 3400

Nick Miles, PR Manager
nmiles@velti.com
+44 (0)207 633 5034

RBC Capital Markets
Sarah Wharry
sarah.wharry@rbccm.com
+44 (0)207 653 4667