THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED (THE "UK MARKET ABUSE REGULATION").

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.

EROS MEDIA WORLD PLC
(formerly, EROS STX GLOBAL CORPORATION)

£50,000,000 8.50 PER CENT. UNSECURED BONDS DUE 2023 (the "Bonds")
(ISIN: XS1112834608) - Coupon Payment

1 February 2023

Eros Media World PLC (formerly, Eros STX Global Corporation) (the "Company") hereby gives notice that, further to the announcement made on 1 November 2022 relating to the delay in the last coupon payment on the Bonds (due to ongoing administrative issues flowing from its demerger with STX Entertainment), it has now made payment of the full amount of the outstanding coupon to Elavon Financial Services DAC, UK Branch (as Principal Paying Agent in respect of the Bonds). U.S. Bank Trustees Limited (as Trustee in respect of the Bonds) has also been notified that this payment has been made.

The Company is mindful of the pending maturity date of the Bonds and is exploring strategic options in order to secure a successful future for the Company and to build value for all stakeholders. Further announcements will follow in due course once the Company has finalised its plans in this regard.

Lastly, the Company is pleased to report that the preparation of its audited financial statements for the years ended 31 March 2022 and 2021 is continuing to progress, following the challenges faced as a consequence of the demerger with STX Entertainment. A further announcement will follow in due course when the timing of publication of these audited financial statements is confirmed.

For further information, please contact:

Investor Relations Team

Email: [email protected]

Contact Number: +91.22.66021500

Important Information

This announcement is released by Eros Media World PLC and contains information that qualified or may have qualified as inside information for the purposes of the UK Market Abuse Regulation, encompassing information relating to the Bonds mentioned above. For the purposes of the UK Market Abuse Regulation, this announcement is made by Investor Relations Team at Eros Media World PLC.

The distribution of this announcement in certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes must inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any jurisdiction.

This announcement does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase any securities.