Capital Media Group Limited Announces Cooperation Agreement Between
                            Onyx Television and QVC

         PARIS, April 15 /PRNewswire/ -- Capital Media Group Limited (Nasdaq:
CPMG) ("CMG" or the "Company") today announced that its subsidiary ONYX
TELEVISION (ONYX) GmbH has entered into a cooperation agreement with QVC
Deutschland GmbH (QVC), QVC Inc.'s German based television shopping company.
         Following approval from the German Media Authorities, the initial phase
will commence with ONYX and QVC jointly transmitting a 24-hour program mix of
music and teleshopping products from QVC to certain areas of Germany in which
the ONYX program is already accessible via cable. The new program concept will
enhance the service offered to the viewership and will simultaneously improve
the efficiency of both channels by sharing the costs for this project.
         Pursuant to the Cooperation Agreement signed on March 31, 1998, QVC
will firstly contribute up to approximately US$6 million to the ONYX
distribution and broadasting costs in a ratio which will be in proporation to
the number of homes effectively reached by the ONYX/QVC program after the
approval of the German Media authorities. The agreement also provides for the
possibility of a repayable advance to ONYX of certain fees. It is contemplated
that in this context QVC will actively cooperate with ONYX in the ongoing
development of its distribution network.
         "The alliance between ONYX and QVC is the first step of its kind in the
European market and presents both an attractive concept and a challenge. The QVC
contribution will benefit both ONYX's ongoing network distribution development
and the enhancement of the quality and variety of its programs. Both ONYX and
QVC will mutually benefit from the potential operational synergies and ONYX
particularly welcomes the improved economic basis this cooperation will
provide," stated Michael Assouline, Managing Director of ONYX and Chief
Operating Officer of CMG.
         "A possible expansion of the business synergy has been discussed by
both companies and may include the joint development of a European independent
digital television programming mix including thematic music and theme shopping
shows and the transmission of QVC Inc.'s Internet Shopping Service, iQVC
throughout Europe in the future," commented Gilles Assouline, Chairman,
President and Chief Executive Officer of CMG.
         ONYX GmbH, which is a wholly owned second tier subsidiary of CMG,
operates a national special interest Television Channel with a focus on
entertainment (music) and is currently distributed to 11.3 million homes in
Germany of which 8.1 million is through public and private cable operators. CMG
is an independent holding company with interests in the broadcasting,
publishing, computer software and multimedia businesses. With subsidiaries in
the UK, France, Germany, Israel and Romania, CMG's businesses include television
and radio broadcasting, newspaper titles and print operations, and lifestyle
program production. CMG is also involved in graphic animation, Smart Card and
Internet technology development through Unimedia, its 81.6% owned French
subsidiary.
         QVC Inc. is the world's preeminent electronic retailer, marketing a
wide variety of brand name products, fashion and beauty, electronics and fine
jewelry. In addition to its core channel, QVC, which reaches 64 million homes
across the United States, the company's other divisions/subsidiaries include Q2,
Qdirect, QVC local, onQ Music, QVC International and iQVC.
         For further QVC information please contact: Ellen Rubin,
Vice-President, public relations: 610-701-1647, in the U.S.
         Except for the historical information contained herein, certain matters
discussed in this press release are forward-looking statements, and certain
important factors may affect the Company's actual results and could cause actual
results to differ materially from any forward-looking statements made in this
release, or which are otherwise made by, or on behalf of, the Company.



Such factors include, but are not limited to, the availability of sufficient
capital for the Company's ongoing operation, the successful integration of the
Company as well as other risks detailed from time to time in the Company's
filings with the Securities and Exchange Commission. Actual results could differ
from those discussed herein.

SOURCE Capital Media Group Limited
    -0-                      4/15/98
    /CONTACT: Gilles Assouline, Chairman, President & CEO, or Michael
Assouline, Chief Operating Officer, both of Capital Media Group Limited,
33-1-43-53-6999/