Further £600,000 Investment in Exxactly.com

NewMedia SPARK PLC
10 April 2000

                               

         NewMedia SPARK invests a further £600,000 in
     Exxactly.com as part of a £1.6m second round funding

NewMedia SPARK plc ('SPARK') announces that it has invested  a
further  £600,000  in Exxactly.com (formerly Bridge4u.com)  as
part  of  a £1.6m second round funding. This funding is  at  a
valuation of £15m for the business, approximately 12 times the
value  at  which SPARK invested £350,000 for a  28%  stake  in
Exxactly  last November. Exxactly has launched a B2B financial
portal servicing offshore IFA organisations and SPARK believes
that its services are unique in what is a very large potential
market.  The Exxactly service has already received substantial
interest  from  its  target market.   Enhanced  functionality,
including  transactional capabilities, will  progressively  be
added  over the next few months. SPARK believes that  Exxactly
has  the  potential  to grow into a substantial  and  valuable
business.

Commenting on this further investment Michael Whitaker, CEO of
SPARK, said:

'We  are  pleased  at  the progress and  valuation  uplift  of
Exxactly.  The  recent  second round  funding  for  Skillvest,
another  of our portfolio companies, was also at a significant
premium  to  our original investment price. A  number  of  our
other   portfolio  companies  are  also  currently  discussing
further  funding rounds, and in all cases the indications  are
that  these  will be at significant premiums to  our  original
investment valuations.

'Notwithstanding the well publicised share price declines  for
many  quoted Internet businesses in recent weeks, our view  is
that  the  venture  capital market for  funding  our  investee
companies  remains  very healthy. Shareholders  will  also  be
aware  that  our  portfolio of investee companies  is  heavily
biased towards Internet infrastructure, wireless and financial
B2B businesses, valuations of which remain strong. Overall, we
therefore believe that we remain well placed to deliver strong
investment  returns  to  our shareholders  and  we  intend  to
continue to expand our operations aggressively.'


For further information, please contact:

NewMedia SPARK
Michael Whitaker                        Tel No: 0207 851 7777
Buchanan Communications
Tim Anderson                            Tel No: 0207 466 5000