Re Agreement

Archimedia Ventures PLC
05 August 2005





                            ARCHIMEDIA VENTURES PLC

                       Agreement re Acquisition of Rights



Archimedia Ventures Plc ('Archimedia' or the 'Company') is pleased to announce
that it has signed an agreement with Spell Cast Systems Limited ('Spell Cast'),
the owner of the intellectual property rights in the newly launched football
results prediction game 'Victor Predictor', which is operated from the website
www.victorpredictor.com.

Under the terms of the agreement, Spell Cast has agreed to grant Archimedia an
exclusive worldwide license to promote and develop the non-internet formats of
Victor Predictor. In particular, it is hoped to develop a television format for
the game.

As consideration for the agreement, the Company has agreed to issue to Spell
Cast 25,000 ordinary shares of 1 penny each at the closing midmarket price per
ordinary share on 4 August 2005 and to pay to Spell Cast the cash sum of £5,000.

Application has been made for these new ordinary shares to be admitted to
trading on AIM and their admission is expected to occur on 10 August 2005.

The Company has also been granted certain rights of pre-emption by Spell Cast if
it wishes to transfer interests in the intellectual property rights in Victor
Predictor and by Kevin Fisher, the sole shareholder of Spell Cast, if he wishes
to transfer interests in shares in Spell Cast.

Noel Healy, Chairman of Archimedia, commented, 'We believe that this agreement
shows Archimedia's ability to source transactions in this growing sector, and
look forward to working with the Victor Predictor team in the successful
development of their newly launched concept.'




For further information contact:

Noel Healy               -        07770 980214


Note: the contents of the Victor Predictor website referred to above do not
comprise or form any part of the contents of this announcement and the directors
of Archimedia Ventures Plc do not accept any responsibility for any of its
contents.



Ends






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