Offer Update

NewMedia SPARK PLC
19 September 2001

19 September 2001

NewMedia SPARK plc Announces Replacement Addresses for US Tenders

NewMedia SPARK plc (LSE: NMS) ('SPARK') today announced replacement addresses
for tenders within the United States in connection with the cash tender offer
to purchase all of the outstanding shares of GlobalNet Financial.com, Inc.
(Nasdaq: GLBN; LSE: GLFA) ('GlobalNet'). SPARK announced on 13 September 2001
that as a result of the tragic events in the United States which occurred on
Tuesday 11 September 2001, the Bank of New York which is acting as depository
for the Offer, was in the process of relocating its 101 Barclay Street office
and that SPARK would announce as soon as available new locations where The
Bank of New York would be accepting completed Letters of Transmittal to accept
the Offer. The subsequent offering period previously announced by SPARK will
end at 5:00 p.m., New York City time, on 21 September 2001. Commencing 19
September 2001, tenders may be made in the United States as follows

By Registered or Certified Mail or Overnight Courier:

The Bank of New York
385 Rifle Camp Road
West Paterson, NJ 07424
ATN: GlobalNet Financial / George Dalton
Phone: [phone] for confirmation

By Hand:

The Depository Trust Company
55 Water Street
New York, NY 10041
ATN: The Bank of New York window

GlobalNet Financial.com

The terms of the offer and other relevant information are available through
public filings made by GlobalNet Acquisitions Inc. and GlobalNet at http://
www.sec.gov.

The information agent for the tender offer is MacKenzie Partners, Inc. For
additional information please contact MacKenzie Partners, Inc. at (800)
322-2885 (calling from inside the United States) or 00 800 3222 8851 (calling
from outside the United States).

The tender offer statement (including an offer to purchase, letter of
transmittal and related tender offer documents) and the solicitation/
recommendation statement filed with the SEC contain important information,
which should be read carefully before any decision is made with respect to the
offer. GlobalNet stockholders may obtain a free copy of the tender offer
statement and the solicitation/recommendation statement when it is available
and other documents filed by GlobalNet Acquisitions Inc. and GlobalNet with
the SEC at the SEC's Web site at www.sec.gov. The tender offer statement and
the solicitation/recommendation statement and these other documents may also
be obtained by GlobalNet stockholders without cost to them from MacKenzie
Partners, Inc.

Contacts:

Joel Plasco - NewMedia SPARK plc [phone]