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JumpTV CEO, Chairman and Two Directors Purchase JumpTV Shares

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-11-23
TORONTO--(MARKET WIRE)--Nov 22, 2007 -- JumpTV Inc. (“JumpTV” or the “Company”)(AIM: JTV)(Toronto: - ) announces that on November 21, 2007, the Company’schiefexecutive officer, executive chairman and two members ofthe board ofdirectors purchased shares of JumpTV stock.

* Jordan Banks, chief executive officer, purchased 125,000common sharesat an average price of Cdn $1.90 and now holds a total of125,000 commonshares representing 0.3% of the issued share capital ofthe Company.

* G. Scott Paterson, executive chairman, purchased 125,000common sharesat an average price of Cdn $1.90 and now holds a total of5,344,990 commonshares representing 10.85% of the issued share capital ofthe Company.

* Mark Amin, director, purchased 50,000 common shares atan average priceof Cdn $1.95 and now holds a total of 320,000 common sharesrepresenting0.6% of the issued share capital of the Company.

* James McNamara, director, purchased 100,000 common sharesat an averageprice of Cdn $1.95 and now holds a total of 100,000 commonsharesrepresenting 0.2% of the issued share capital of the Company.

* Mr. Paterson’s spouse and two of his children recentlyacquired a totalof 15,000 shares at an average price of $2.10 per shareand they now hold atotal of 100,000 common shares representing 0.2 % of theissued sharecapital of the Company. Mrs. Paterson makes her own investmentdecisionsfor herself and the children.

JumpTV also announces, pursuant to AIM disclosure requirements,that inconnection with the Company’s announced normal courseissuer bid, whichcommenced on Thursday, August 23, 2007, that on November21, 2007 theCompany acquired 125,000 common shares at an average priceof Cdn $1.90 pershare. The shares purchased will be cancelled and the numberof commonshares outstanding as at today’s date, giving effectto this cancellation,is 49,245,395.

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