Consortium to Invest in Prominent Information Plc

NewMedia SPARK PLC
9 February 2000


                              
       PROMINENT INFORMATION PLC (CHANGING ITS NAME TO
       CLIPSERVER.COM PLC) RAISES £1.5M OF NEW EQUITY
                              
                             
A  consortium of investors led by Intrinsic Value  PLC,  the
investment   trust,   NewMedia  SPARK  plc,   the   internet
investment company, and COBA Technology Partners has  agreed
to  invest  £1.5 million for a holding of 29.9%  (5  million
shares)  in  Prominent  Information  Plc  ('Clipserver.com')
(www.newsserver.co.uk).   NewMedia SPARK's  contribution  to
the  investment is £550,000, giving SPARK a shareholding  of
approximately 11% in the Company. The subscription price for
the  new  shareholders is 30p and as part of the  investment
the  consortium will also receive one warrant for every  two
new  shares.  The funds raised will be used to establish  an
operation  in  the  US, to continue the development  of  its
technology offering and to broaden its value added services.

Clipserver.com  is  one  of  the UK's  leading  online  news
monitoring  businesses.   It  monitors  over  400   European
publications, 24 hours a day, 365 days a year and alerts its
clients  to  major  published stories by  the  provision  of
editorial    summaries   delivered   over   the    Internet.
Clipserver.com aims to establish the largest brand  in  this
area,   combining  high  quality  editorial  content,  broad
geographic coverage and electronic delivery.

Clipserver.coms management team has a proven  track  record
in on-line business and credibility amongst the large, multi-
national  companies that are the core of its customer  base.
Gary  Forrest, co-founder of Clipserver.com, has established
a  reputation in the news monitoring business by leading the
application of technology to a previously low tech industry.
The  management  team  includes Roger P.  Williams  who  has
worked  closely  with  several leading  UK  news  and  media
monitoring companies.

Roger  P.  Williams,  Chairman of Clipserver.com,  said  'We
welcome  the  involvement of our new directors Luke  Johnson
and  Mark Farrer-Brown.  The involvement of Intrinsic  Value
and  NewMedia  SPARK  will  give  Clipserver.com  additional
credibility with investors and customers.'

Clipserver.com  currently  has  a  team  of  15  full   time
editorial  staff,  49  production  staff  supported  by   14
administrative  and  software  staff,  all  producing   high
quality 'content' for its clients.  Currently Clipserver.com
has  over  50  large corporate clients within  which  70,000
people  access Clipserver.com's information.  These  clients
have  been gained largely since Clipserver.com launched  its
Internet service in November 1999.

Luke   Johnson,  co-manager  of  Intrinsic  Value  and  non-
executive  director of NewMedia SPARK, who is  to  join  the
Board of Clipserver.com as a non-executive director, said:

'We  believe  that  in this age of intense  competition  and
information  overload the specialist on-line  services  that
Clipserver.com offers will help keep their customers a  step
ahead.  Clipserver.coms technology offering is superior  to
its  competitors  and  we will be looking  to  exploit  that
advantage   and  to  expand  Clipserver.coms  value   added
services focusing on the Internet.'

Clipserver.com was established in 1997 by merging the assets
of  two established press cutting agencies and is quoted  on
Ofex.   It is likely to move onto AIM shortly.  The business
began  as  a  supplier of information packs of clippings  by
courier or fax.  It has migrated to electronic delivery  and
is  increasingly  moving to the supply of  information  over
corporate intranets and the Internet.

Intrinsic Value PLC is an authorised investment trust  whose
objective  is  to achieve growth by investing  primarily  in
smaller  quoted and unquoted companies, principally  in  the
UK.   The  co-managers of Intrinsic are Luke  Johnson,  Mark
Horrocks and Mark Farrer-Brown.

NewMedia  SPARK plc is one of Europe's leading  early  stage
Internet  investment companies with a market  capitalisation
of   approximately £250m.  Clipserver.com is the  fourteenth
investment  by SPARK since its shares began trading  on  the
Alternative Investment Market on 28th October 1999.

Coba Technology Partners ('CTP') is a subsidiary of The COBA
Group,   a   specialist  strategy  consultant  focusing   on
technology   and   e-commerce.   CTP   provides   investment
screening  and  due  diligence services  to  private  equity
providers  and  corporates, as well as business  development
and fund-raising support for e-entrepreneurs.


For further information:

Roger P. Williams/Gary Forrest 'Clipserver.com PLC' 
0171 959 1204/0171 959 1202
Luke Johnson/Mark Farrer-Brown 'Intrinsic Value PLC and
NewMedia SPARK plc' 0171 499 5311