MicroEmissive Displays Group PLC
28 December 2006


For Immediate Release                                         28 December 2006

                        MicroEmissive Displays Group plc

                            ('MED' or 'the Company')

                      Contract win and operational update

MicroEmissive Displays Group plc, the AIM listed designer and manufacturer of
low-power light emitting polymer displays, announces that it has signed a £2
million agreement to supply its industry leading technology to a manufacturer of
consumer products in the Far East. In addition, the Company is pleased to
provide the market with the following update on recent operational progress.

Commenting on the contract Bill Miller, Chief Executive Officer of MED said:
'Securing volume orders is vital if we are to achieve our target of becoming
cash generative by the end of 2007 and this contract is an extremely positive
start to the order book we intend to build over the coming months.'

Operational update

Following our successful £5.0m fundraising in September, the Company has made
important progress in all areas. As forecast in our interim results statement,
the key elements of the manufacturing equipment were delivered on time, the
installation process has begun and remains on schedule.

Good progress is being made at our state-of-the-art production facility in
Dresden, Germany, the clean room is now prepared and the Company has hired local
employees with further recruitment expected in the new year. The
characterisation of the volume toolset will begin in January. The completion of
the installation process and the execution of the characterisation of the
manufacturing line are a key milestone for MED and are expected to be completed
on schedule in the first half of 2007.

As previously stated, the manufacturing line will be ready for volume capacity
and capable of volume shipment in the second quarter of 2007. Following
investment in our sales and marketing channels, the business is gaining strong
traction with customers.

The Company is in advance discussions with significant OEMs and a number of
global distributors to secure off-take agreements for the provision of its
'eyescreenTM' technology in volume. The management intend to progressively ramp
up production throughout 2007 and is confident of being able to fulfil the
volume orders that it secures.

Bill Miller added: 'The milestones associated with the strategy adopted by this
management team continue to be met and the business is progressing well. Our
technology is attracting substantial industry attention and our enquiry levels
are extremely strong. '
                                     -ends-

For further information, please contact: www.microemissive.com

Microemissive Displays 0131 650 7764
Bill Miller, Chief Executive

Tavistock Communications 020 7920 3150
Matt Ridsdale/Simon Compton



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