Sale Completion

NewMedia SPARK PLC
04 October 2006


For immediate release                                          4 October 2006



                               NewMedia SPARK plc

              Sale of Mergermarket Limited Declared Unconditional


NewMedia SPARK plc ('SPARK'), the investor in early stage digital information
and  technology companies, is pleased to announce the sale of Mergermarket
Limited, ('mergermarket'), to the Financial Times Group part of Pearson plc
(LSE:PSON) has been declared unconditional following receipt of confirmation
from required EU competition authorities that the acquisition can proceed.



SPARK's book value for its stake in Mergermarket was £8.0 million at 31 March
2005 and £13.0m at 30 September 2005. SPARK'S expected proceeds from this sale
amount to approximately £27.8m.





For NewMedia SPARK

Thomas Teichman, Chairman                         07007 333 123

Andrew Carruthers, Chief Executive Officer        020 7851 7777

Isabel Podda, Buchanan Communications             020 7466 5000



Notes to Editors:



About NewMedia SPARK plc



NewMedia SPARK is a quoted venture capital organisation based in central London
focused on early stage investments in the technology, media and telecoms
sectors.  SPARK's portfolio has a particular emphasis on digital media, software
applications, technology and communications. As an investor, SPARK expects to
add significant value to its investments through active support and strategic
direction. SPARK is listed on London's Alternative Investment Market.



For further information, see www.newmediaspark.com.



About Mergermarket



Mergermarket is a leading provider of proprietary predictive event-driven
intelligence to investment banks, hedge funds, private equity houses, wealth
managers, restructuring specialists, law and accountancy firms and corporates
worldwide. Since its foundation in 1999, mergermarket has successfully built an
unrivalled blue chip client base through the development of its complementary
portfolio of 'must have', subscription-based electronic products including
mergermarket, Debtwire, dealReporter and Wealthmonitor which appeal to a broad
range of the financial services industry as well as corporate clients.



Fore more information, please visit www.mergermarket.com




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