Update on Investments-Replcmt

Brainspark PLC
22 November 2005


The following replaces the 'Update on Investments' announcement made on 21
November 2005 under RNS Number 4523U at 16.54. The 'convertible loan agreement'
should have read, 'an investment agreement the principal terms of which were
announced on 11 August 2005'. All other details remain the same.


FOR IMMEDIATE RELEASE                                           22 November 2005

                 BRAINSPARK PLC ('Brainspark' or 'the Company')

                             Update on Investments

Investment in Geosim Systems Limited ('Geosim')

Further to the announcements of 26 October 2005 and 11 August 2005, Brainspark
now announces that, together with Geosim and the other shareholders in Geosim,
the Company have entered into an investment agreement, the principal terms of
which were announced on 11 August 2005, with CRASH Ventures LLC, a US private
equity firm, (the 'Firm') (the 'Geosim Agreement'), a Oregon limited liability
company.

EasyArt acquires WorldGallery assets and appoints new CEO

Rachel Elnaugh, former chief executive of Red Letter Days and panellist on
BBC2's Dragons' Den, has been appointed CEO of Easyart.com, the UK's leading
online art and framing retailer (www.easyart.com). Brainspark holds an 19%
equity position in the company.

Ms Elnaugh, 40, will have the opportunity to acquiring up to 20% of the business
through a mix of personal investment and share options. She takes over from
founder Simon Matthews, who will continue to work with the company as an
advisor.

Easyart.com have announced the acquisition of rival art portal
Worldgallery.co.uk. for a consideration of 27,539 new Easyart Holdings Ltd D
shares, valuing the acquisition at £ 137,395 or £5.00 per share.

Following the issue of the new shares, Brainspark will own 54, 690 Easyartshares
representing 17.6% of the total Easyart share capital.



                      This information is provided by RNS
            The company news service from the London Stock Exchange