Update

Brainspark PLC
26 October 2005



FOR IMMEDIATE RELEASE                                            26 OCTOBER 2005

                                 BRAINSPARK PLC

Brainspark notes the recent rise in its share price on AIM and confirms that it
understands that the heads of terms announced on 11 August 2005 regarding Geosim
Systems Ltd, in which it currently holds 50.1 per cent. of the equity, are
expected shortly to be converted in to full legal documentation. As and when
this is signed a further announcement will be made and Brainspark will be in a
position to disclose the name of the US private equity firm involved.

ENDS

Further information

Francesco Gardin, Brainspark PLC           0039 0228 0141
Roland Cornish, Beaumont Cornish Limited   020 7628 3396




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