Re Joint Venture

Newsplayer Group PLC 14 December 2000 Newsplayer Group plc Signs Joint Venture with Sir David Frost Newsplayer Group plc, the new-media company, today announced a joint venture with Sir David Frost, securing the exclusive rights to hundreds of interviews conducted by him over the past 40 years. The deal gives Newsplayer the on- line and off-line rights to 'The Frost Collection'. Possibly the best known television interviewer in the world, Sir David has interviewed the last six UK Prime Ministers and last six US Presidents as well as other leading figures including Bill Gates, Mikhail Gorbachev, Jacques Cousteau, and Yasir Arafat with Yitzhak Rabin. Newsplayer will digitise, sort and archive the library of interviews, creating an 'interactive jukebox' for use by broadcasters and consumers via subscription over the Internet. Newsplayer will exploit opportunities in both on-line and off-line syndication, deals with ISPs, other websites and DVD sales. The deal with Sir David Frost adds a new revenue stream to Newsplayer's existing business. It already has a range of licences, one of which is a 20 year licence to broadcast 1000 hours of news footage of key events of the past 104 years. A visitor to the Newsplayer website is able to view 14,000 clips, including the coronation of Tsar Nicholas II in 1896; the destruction of the Hindenburg airship in 1937; and Nelson Mandela's inauguration as President of South Africa in 1994. Extensive footage is also available of the Royal Family, including the marriage of Prince Charles to Lady Diana Spencer, as well as clips from the world of entertainment, such as Elvis Presley, Marilyn Monroe and the Spice Girls. Paul Duffen, CEO of Newsplayer, said: 'We are thrilled that Sir David Frost has chosen Newsplayer as his partner in this project to provide easy access to his interviews to a global audience. In Newsplayer.com we have built the most extensive online news archive in the world and are proud to have created a way for everyone to gain access to this wealth of history. There is great synergy between the interviews in The Frost Collection and the content on Newsplayer.com and we are very excited about the opportunities to access this fantastic content through our interactive platform.' Sir David Frost said: 'Newsplayer is a powerful entertainment outlet and a valuable resource for broadcasters, consumers and those involved in education. Many of these interviews have not been seen since they were first aired. I am delighted that Newsplayer are providing this opportunity to showcase this material to new audiences worldwide.' Enquiries ********* Newsplayer Group plc Paul Duffen, CEO 020 7404 5959 on 14 December Barry Llewellyn, Marketing Director 020 7665 1812 thereafter Brunswick Group Ltd Gavin Partington 020 7404 5959 Kate Inverarity www.newsplayer.com Notes to Editors About Newsplayer Newsplayer is a new-media company that created a web-based video-on-demand service enabling users to re-live the events of the past hundred years, witnessing them as they were originally reported. Newsplayer brings together video footage of politics, music, fashion, art, lifestyle, sports, royalty, natural disasters, entertainment, science and war - all live and uncut. A click of the mouse summons up some of the most significant figures and events in recorded broadcast history, from Stalin to Stallone, Hitler to Hitchcock, Eden to Elvis, Churchill to Chaplin. The extensive archive of newsclips on Newsplayers' website are from ITN, Reuters, Paramount, French Pathe, Empire News, Gaumont, and Visnews. Newsplayer can be streamed at 25K, 56K or 512K, depending on the user's Internet connection. Newsplayer Group plc listed on the Alternative Investment Market in May 2000.
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