Globo plc

08 January 2008

                           Globo plc (the "Company")
                               Change of Adviser
8 January 2008
Globo plc announces that it has appointed NCB Stockbrokers Limited as sole

Broker to the Company with immediate effect. This follows the mutual agreement

between the Company and the Company’s Joint Broker, Insinger de Beaufort, to

cease to provide broking services to the Company from 4 January 2008. The

Company and Insinger de Beaufort have also agreed to cancel the Warrant document

dated 15 November 2007 made between the Company and Insinger de Beaufort,

pursuant to which the Company granted Insinger de Beaufort warrants to subscribe

for 652,947 Ordinary Shares.
CONTACTS
Globo

Brett Miller, Non-executive Director                        +44 (0) 20-7584-3663

Costis Papadimitrakopoulos, Managing Director                   +30 210-646-6008
NCB Stockbrokers Limited

Christopher Caldwell or Jonathan Gray                       +44 (0) 20 7071 5200
About Globo
GLOBO plc was admitted to AIM on 14 December 2007 having raised £3.1 million via

a placing of shares with institutional investors.
Found in 1997 by Konstantinos Papadimitrakopoulos and headquartered in Halandri

(a suburb of Athens), Globo has established itself as one of the market leaders

in the Greek ICT market. It provides e-business and telecom software products

and related services to the private and governmental sectors in Greece as well

as developing and operating broadband wired and wireless networks. It has

developed to become one of the largest e-business software vendors in Greece.
Globo has expanded upon its service offering and has developed valuable IPR

assets in the form of its e-business and broadband access technologies and has

also developed proprietary software platforms using both its own in-house

capabilities and the contracted services of third party technology providers.

Globo also purchases technology solutions and services that can be integrated

into its own products. These integrated software solutions and related services

are sold to private and Governmental organisations, primarily on a project

basis, through sales developed directly by Globo’s own personnel. In addition,

Globo has won contracts from large corporate clients and works closely with

solution providers and sales channel partners to win contracts from the Greek

Government.
Globo develops its own software products. Globo’s development processes are ISO

9001-2000 certified and a group of 11 skilled developers are engaged in the

production, maintenance and support of the software products. Additionally,

Globo tailors its products to clients’ needs using an additional team of 19

contractor technicians and developers.
Globo’s products are used by private and public organisations that include more

than 600 corporate and SME clients and more than 60 public sector clients. They

are also sold through 14 value added resellers to a large number of indirect

customers. Globo’s direct private sector customers include Xerox, National Bank

of Greece, Velti, Group Marinopoulos and the University of Brighton. Globo’s

public sector customers in Greece include the Ministry of Foreign Affairs, the

Ministry of National Education and Religious Affairs, the Municipalities of

Halandri and of Maroussi and the Hellenic parliament.
Globo’s e-Business platform, as well as its e-Commerce and broadband access

technology products have been successfully marketed and operated in Greece, UK,

Ireland, France, Belgium, Cyprus, Romania, Bulgaria, Spain and Italy.
The three components of the Globo Group’s key software revenue stream are

outlined below:
   * products and services that facilitate e-business;

   * products and services that enable access to broadband; and

   * resale of third-party goods
The first two product groups, the e-business and broadband access, are offered

as a software licence or S.a.a.S.
                      This information is provided by RNS

            The company news service from the London Stock Exchange