Disposal

NewMedia SPARK PLC
14 January 2002

14th January 2002


        NewMedia SPARK plc announces disposal of Deutsche Borse stake

NewMedia SPARK plc ('SPARK') announces that its German subsidiary Sputz AG 
('Sputz'), has disposed of its entire shareholding in the Deutsche Borse AG for
total proceeds of Euro37.2m (£23.0m). The disposal proceeds are in excess of
the book value of this shareholding in SPARK's consolidated accounts, which at
30th September 2001 was £19.9m. Sputz continues to review the prospects for
further disposals from its portfolio of non-core assets.

Sputz AG had no borrowings prior to the sale of its Deutsche Borse
shareholding and hence now holds substantial cash balances. In addition to its
core broking activities, Sputz retains shareholdings in Tullett & Tokyo
Liberty plc (11%), Lang & Schwarz AG (17%) and several other smaller
businesses.

SPARK acquired a 54% controlling stake in Sputz in September 2001. SPARK
remains confident that this acquisition will add substantial value to SPARK.



For further information, please contact:

Michael Whitaker / Joel Plasco / Fenella Copas

NewMedia SPARK plc                    [phone]



NewMedia SPARK plc

Listed on London's Alternative Investment Market, NewMedia SPARK plc is one of
Europe's leading quoted venture capital organisations focused on early stage
investments in the telecoms, media and technology sectors.


SPARK has a portfolio of investments in Europe and India. SPARK typically
invests between £0.5m and £2m and takes an average equity stake of 25% as well
as Board level representation. SPARK focuses its investments on software
applications, technology and communications, digital media and financial
services. SPARK has operations in London, Stockholm and Berlin. For further
information see www.newmediaspark.com.