RTG Ventures, Inc. Share Exchange Partner, New Media TV (Europe) Limited, Signs Letters of Intent for 2 Additional Acquisitions.

NEW YORK -- RTG Ventures, Inc. (RTGV.PK) has agreed to expand the number of companies included in the Share Exchange Agreement of March 20, 2007 with New Media TV (Europe) Limited (NMTV).

In order to provide a fully, vertically integrated media enterprise, NMTV has been in discussions with 2 additional private entities, which will increase the number of NMTV subsidiaries, while enhancing its scope.

Letters of Intent (LOIs) have been agreed with Prime Time Productions (Shifnel) Limited (PTP) and Mirage Asset Management LLP (MAM), and it is expected the LOIs will be followed by Definitive Agreements prior to closing.

PTP is intended to operate the broadband television venture utilizing its exclusive, multicast technology. This acquisition will allow NMTV to operate its broadband services with its technology partner, Global Mix.

MAM is a fully regulated financial services organization in the U.K., providing film financing as a natural extension of the services already provided by NMTV as well as other investment expertise.

Both PTP and MAM have audited revenues and are in profit.

It is anticipated that an amendment to the Share Exchange Agreement will be filed shortly as an 8-K to include the previously announced increase in number of shares provided to RTGV shareholders at closing from 16,974,126 to 42,435,315 and details on the terms of the acquisitions of PTP and MAM. It is also anticipated that, at closing, NMTV will acquire all the issued shares of both companies.

There will be no dilution associated with these acquisitions.

About NMTV: NMTV is a media venture utilizing a new exclusive broadband technology which delivers multicast transmissions ensuring TV quality without buffering or freezing. Its infrastructure is comprised of an established studio complex outside of London with six operational subsidiaries, an investment vehicle which owns the freehold on the studio property, and a television production operation which has agreements with 15 internet channels. Initiatives are also underway in Reality TV and ongoing natural history filming. Other subsidiaries hold film interests via script rights. (This summary will be modified as the company evolves following the Business Plan in development.)

After the Share Exchange Agreement closes, with all closing conditions met, RTGV, Inc., will be renamed NMTV, Inc.

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