Investment in Start-up Offshore IFA Portal

NewMedia SPARK PLC
12 November 1999


                              
   NEW MEDIA SPARK INVESTS IN START-UP OFFSHORE IFA PORTAL


New  Media SPARK plc ('SPARK') announces today that  it  has
agreed  to  invest  £350,000  for  a  28%  equity  stake  in
Bridge4u.com,   a   newly  established  company   which   is
developing  the  first  interactive  multi-lingual,   online
information,   trading  and  e-commerce   platform   linking
financial  advisors  in  the  off-shore  financial  services
community,  their  clients, and the investment  institutions
who serve these clients.

The Bridge4U.com portal will be aimed primarily at the large
community   of financial advisors operating outside  Europe,
where  SPARK  believes that there is  a  major  gap  in  the
market  .  In  view  of  the strategic  importance  of  this
investment, Michael Whitaker, SPARK's CEO, will  be  joining
the Board of Bridge4u as non-executive Chairman.

Michael Whitaker, CEO, commented:

'The  Internet  is  the ideal platform for  delivering  many
types  of financial  services, and this will be an  area  of
major  growth  in the coming years. In particular, the  very
large  and  geographically disparate community of  financial
advisors and their clients outside Europe presents  a  major
opportunity    and   the   experienced   team    who    have
established  Bridge4u  are  well  aware  of  the  specialist
requirements   of   this  marketplace,  and   are   uniquely
positioned to exploit it'.

Bridge4U's Managing Director Sherry Kagan Segal commented:

'By  leveraging  the  unique power of the  Internet  and  by
employing  next - generation communications  and  e-commerce
security  technology,  Bridge4U  will  provide an unrivalled
service  for  the  international  financial  community.  The
initial response to test marketing has been highly positive,
and  we  hope that Bridge4u's system will quickly  establish
itself as the definitive information and trading platform in
this market. '

This  is the second investment announced by SPARK since  its
flotation  two weeks ago. SPARK is in the latter  stages  of
negotiating   investments  in  several  other  early   stage
Internet  companies,  with  the  objective  of  building   a
portfolio  of investments in early stage companies operating
in  strategically  key  areas  of  the  Internet.  In  doing
so  SPARK  is being assisted by the full resources and  deal
flow of its partner company New Media Investors, as well  as
the   contacts  and  specialist  expertise  of  its  partner
shareholder GlobalNet Financial.

         

                            
                             
For further information, please contact:

NewMedia Spark
Michael Whitaker                           0171 887 4510

Buchanan Communications
Tim Anderson / Lisa Baderoon               0171 466 5000

Peel, Hunt & Company Limited
David Davies                               0171 418 8900