£1m Stake Taken in Travelstore.com

NewMedia SPARK PLC
26 January 2000

                               
               NewMedia SPARK invests £1,000,000
       for a minority stake in Travelstore.com 21/01/00

NewMedia  Spark plc ('SPARK') announces that it has agreed  to
invest  £1,000,000  for a minority stake  in  Travelstore.com.
Travelstore  is an online business-to-business travel  service
targetting SMEs and independent business travellers. Companies
using  Travelstore will be able to plan and book their  travel
schedules  online and use sophisticated tools to manage  their
travel  arrangements more effectively. The company was founded
by  Darryl  Mattocks,  founder of Internet  Bookshop  and  its
management  team  includes Bill McFarlane,  previously  senior
executive of Galileo North America and Jason Ellis, previously
senior marketing executive of the trip.com. The investment  is
part   of  a  £5  million  pre-IPO  financing  round  led   by
Elderstreet.

Commenting on the investment Andrew Carruthers, COO of  SPARK,
said:

'In an increasingly crowded sector, Travelstore.com represents
a  very  convincing proposition in terms of  both  the  market
segmentation,  the  quality  of  the  team  and  its   rollout
strategy.   We  believe that the company  is  well  placed  to
capture part of the valuable business travel sector.'

Travelstore.com  is the twelfth investment by  NewMedia  Spark
since  its  shares began trading on the Alternative Investment
Market  on  28th  October 1999. Its other investments  are  in
Digital   Animations   Group  plc,  Bridge4u.com,   Linkguard,
Easier!,   Skillvest,   Hotbox.co.uk,  Crocus,   WatchMyPrice,
Synaptic Systems, Purple Voice and Merger Market.
                               
                               
For further information please contact:

NewMedia SPARK
0171 887 4510
Michael Whitaker
0468-555944

Buchanan Communications
Lisa Baderoon
0171 466 5000

Peel Hunt & Company
David Davies
0171 418 8900