Board Changes

NewMedia SPARK PLC
16 July 2001



Embargoed for release:  07.00 on Monday 16th July 2001





                     Tony Sarin to become CEO of Numerica Group





NewMedia SPARK ('SPARK') today announces that Tony Sarin has resigned as an
Executive Director of SPARK to become CEO of Numerica Group.  Tony will remain
on the SPARK Board as a non-executive director.



Numerica Group is a newly established business services group, formed to
integrate accountancy and other related services firms across the UK.  Levy
Gee, the top 20 accountants and business advisers, has agreed to become the
cornerstone business within the Numerica Group.



Michael Whitaker, CEO of SPARK said:



'We wish Tony every success with his new venture and are pleased that he will
also stay on the SPARK Board in a non-executive role. We look forward to
working with Numerica in the future.'



Tony Sarin commented:



'I am looking forward to my new challenges at Numerica, but am also delighted
to be maintaining my involvement with SPARK and continuing to work with the
team as a non-executive director.'



Tony was appointed to the SPARK Board in July 2000 following the company's
acquisition of Softtechnet.com, of which he was founder and CEO.





For further information, please contact:



Michael Whitaker / Tony Sarin / Fenella Copas

NewMedia SPARK                                              [phone]



Lawerence Dore

Mantra                                                      [phone]





Notes



NewMedia SPARK plc



Listed on London's Alternative Investment Market, NewMedia SPARK plc is a
leading early stage investor in the telecoms, media and technology sectors.
SPARK currently has a portfolio of investments in over 50 companies in Europe
and India.  SPARK focuses its investments on software applications,
communications infrastructure businesses and certain areas of digital media
such as music and financial products, typically investing between £0.5 million
and £2 million.  SPARK has operations in London, Stockholm, Berlin and Madrid.
For further information see www.newmediaspark.com.