Acquisition of the entire issued share capital of Advance Warning Limited.

ArgentVive plc, the e-commerce group, is pleased to announce the
acquisition of the entire issued share capital of Advance Warning Limited
("Advance Warning"), a social networking development company, for a
total maximum consideration of #450,000.

Advance Warning is a social networking software engine that allows
groups of friends to create communities around events within the film
and music markets. Advance Warning licences its proprietary software
o third party businesses for which it charges an initial licence fee and
ongoing hosting fees. It recently secured a licence with film channel,
Britfilms.tv, and is currently in final negotiations for a further license.

Advance Warning was established in August 2006 by a group of
entrepreneurs who have been involved in the development of social
networking sites since 1998. The management team, comprising CEO
Penny Nagle and Chief Technology Officer Stu Tilly, will remain with
Advance Warning following completion.

The consideration is to be satisfied by an initial payment of #300,000
by the issue of 616,016 new ArgentVive ordinary shares
(the "New Shares"), representing 2.26 per cent. of the enlarged share
capital. Additional consideration of up to a further #150,000 will be paid,
should Advance Warning satisfy earn out conditions linked to contract value,
profits and cash burn in the period to 30 April 2009. Any additional
consideration will also be satisfied by the issue of further new ordinary
shares up to a maximum of 308,008 new ordinary shares.

The New Shares will rank parri passu with the existing issued ordinary
shares. Application has been made for the New Shares to be admitted to
trading on AIM and dealings are expected on 9 November 2007.Upon
completion of the acquisition the number of shares in issue will be 27,316,016.

Kevin Fleming, Finance Director of ArgentVive, said:

"Our ambition to become a leading e-commerce group continues with
our second strategic acquisition. The Directors believe that there is
significant potential in niche social networking applications and we see,
in Advance Warning, a commercially attractive proposition as a result of
its robust software combined with great design and user functionality."

Penny Nagle, CEO of Advance Warning, commented:

"We are very excited to be part of the ambitious growth plans of
ArgentVive. We aim to capitalise on the demand from businesses to
expand their web offering to include social software and we believe we
have a potentially market leading application. "

Enquiries:

ArgentVive plc                           Tel:  01932 460 101
Kevin Fleming

Charles Stanley Securities       Tel:  020 7149 6000
Nominated Adviser
Russell Cook
Carl Holmes

IAF Securities                            Tel:  020 7747 7400
Gary Pinkerton

College Hill                                 Tel:  020 7457 2020
Mark Garraway