Investment in Another Company

NewMedia SPARK PLC
2 November 2000



NewMedia SPARK invests £400,000 in SafeLogic AB


NewMedia SPARK Plc, Europe's leading quoted early stage technology investor,
today announces that it has invested £400,000 (SKr 5.9m) in SafeLogic AB, an
analytical software development Company.  Krister Nilsson and Peter Lindgren,
Directors of  SPARK's Stockholm office will be joining the Safelogic Board.

SafeLogic is developing software for the analysis and verification of large
systems in the electronics, automotive and aerospace sectors.   Use of good
software tools in this area can save the manufacturers and designers the huge
expense incurred by costly prototyping, redesign and even product recall.  In
addition, the Company's solutions will address the e-commerce software market.
SafeLogic AB is based in Goteborg, Sweden.  The company was founded in 1999
by Claes Strannegard, Phd, who identified novel solutions to commercial
problems while conducting academic research into mathematical logic.


Krister Nilsson, Director of NewMedia SPARK Sweden, said:

'We are pleased to be further building the Scandinavian element of the
portfolio with this investment in Safelogic.  There is clear demand for more
effective software tools and solutions to improve the design and reliability
of complex systems.  The Safelogic team has exceptional academic credentials
and a keen grasp of the commercial possibilities arising from their work.
SPARK will be working with the team to accelerate the development and
commercialization of SafeLogic's innovative solutions.'


Claes Stannegard, Chief Executive of Safelogic AB said:

'Spark's investment enables SafeLogic to speed up the development processes
and move more rapidly towards commercialization of our software for complex
systems analysis.  SafeLogic will furthermore benefit greatly from SPARK's
strategic business expertise, which nicely supplements the company's core
competence in mathematical logic and automatic theorem proving.'


For further information, please contact:


Krister Nilsson

NewMedia SPARK AB
         [phone]

John Bolitho

NewMedia SPARK
             [phone]



Tim Anderson/Isabel Petre

Buchanan Communications
         [phone]


NewMedia SPARK


NewMedia SPARK Plc is listed on the London Stock Exchange's Alternative
Investment Market.  SPARK is building a portfolio of investments in
early-stage companies in Europe and India.  Based principally in London and
Stockholm, SPARK has one of the largest and most experienced teams in Europe,
with skills ranging from investment banking to active involvement in the
formation and running of new media companies.  The portfolio currently
comprises 49 investments, spanning the following sectors - core technology/
infrastructure/software (25%); interactive digital TV (20%); wireless (8%);
content (6%); B2B (21%) and B2C (10%).  SPARK has invested approximately £134m
to date.  For further information visit www.newmediaspark.com.