£1m Invested in 2bet Limited

NewMedia SPARK PLC
3 March 2000

                       NewMedia SPARK
                              
                INVESTS £1M IN 2BET LIMITED.
                              
                              
NewMedia SPARK plc ('SPARK') announces that it has agreed to
invest  £1m  (one million pounds) for a 30%  stake  in  2bet
Limited  ('2bet').   2bet was founded  by  Garry  and  Jamie
Morrill,  whose family has had over thirty years  experience
within the betting industry.  Over the last year the company
has  worked  very closely with IMM Studios, one of Londons
leading  technology houses to develop a leading edge betting
system  that is robust, flexible and can be delivered across
all  digital  media.   The Company will  use  the  funds  to
complete and launch its service in the UK.

Commenting on the investment Mike Whitaker, CEO of SPARK,
said:

'We  are pleased to be investing in 2bet Limited and believe
that  they  and IMM have created a technically advanced  and
innovative betting system.  The use of Java technologies and
the  architectural design of the system will allow the  team
to  develop new gaming business models and exciting ways for
consumers  to  gamble  online.   The  management  team   has
extensive  experience  in  the  gaming  industry  and  IMMs
experience  with clients such as Volkswagen and  Football365
has  meant  the site is both intuitive and fully  scaleable.
We  hope  to add a number of strategic alliances and develop
one of the leading online gaming businesses.'

2bet  Limited is the nineteenth investment by NewMedia SPARK
since its shares began trading on the Alternative Investment
Market on 28th October 1999.


For further information, please contact:

NewMedia SPARK
Michael Whitaker                           0171 887 4510

Buchanan Communications
Lisa Baderoon                              0171 466 5000