Scenario Media - Outcome Of Board Meeting - June 3, 2008

Scenario Media Ltd has informed that the Board of Directors of the Company at its meeting held on June 02, 2008, inter alia, has approved the following:

1. Reclassification of Authorised Share Capital and Paid Share Capital of the Company subject to the approval of shareholders and other necessary approvals.

2. Calendar of events for reclassification of Authorised Share Capital and Paid Share Capital of the Company.

3. Appointment of Scrutinizer for the postal ballot and

4. Draft of the postal ballot notice.