Investment Update

NewMedia SPARK PLC
08 May 2007


For Immediate Release                                       08 May 2007


                               NEWMEDIA SPARK PLC
                           ('SPARK' or the 'Company')
                                Investment Update

NewMedia SPARK plc (AIM: NMS), the venture capital investor, today provides an
investment update ahead of the announcement of the Company's Preliminary Results
in June 2007.


Highlights :


New Investments

   • Additional investments since February 2007 totalling £5.9m including;

   • £2.1m in Unanimis Consulting Limited (Unanimis), founded in 2001, London
     based Unanimis is the UK's leading digital advertising business with major
     clients including eBay, the London Stock Exchange and the AA.

   • £1.7m into DEM Solutions (DEM), formed in 2003 but based on IP developed
     over more than a decade, now a leading provider of computer aided
     engineering software for the modelling of particles in industrial 
     processes. Revenues have tripled over the last year from customers such as 
     NASA, John Deere and Astec Industries.

   • £400,000 in Notonthehighstreet.com, founded in 2006, a UK-based shopping
     website that supports and markets the products of over 500 of Britain's 
     most creative small businesses.

   • SPARK has also invested £1.75m, of a £5m round, in a start up venture
     backing some of Europe's best known internet entrepreneurs. For 
     commercially sensitive reasons the details will not be released until 
     summer, at the earliest. SPARK lead the transaction which includes several 
     high profile and very successful entrepreneurs.


Portfolio Highlights

   •Aspex - a UK-based fabless semiconductor company, in which SPARK invested
    in 2000, developing leading-edge software programmable Extreme Processors.
    Aspex announced that DALSA, an international leader in high performance
    digital imaging and semiconductors with more than 1,000 employees
    world-wide, has selected Aspex's Linedancer (TM) processors to power its '4K
    Lab-in-a-box' image processing workstation. This is expected to be Aspex's
    biggest contract win to-date.
   •Skinkers - the market leader in push technology, has unveiled
    LiveStation, a peer-to-peer Internet broadcast technology co-developed by
    Skinkers and Microsoft Research. LiveStation integrates Microsoft
    Silverlight with Skinker's peer-to-peer (P2P) technologies to set a new
    standard for cost effective delivery of high-quality live video content.


Exits

   •Sale of Touch Clarity Limited, ('Touch Clarity'), a leading on-demand
    provider of automated behavioral targeting, to Omniture Inc. NASDAQ:OMTR),
    the fastest organically growing software company and a provider of online
    business optimisation. SPARK's book value for its stake in Touch Clarity at
    30 September 2006 was £0.3m and the expected proceeds from the sale amount
    to up to £1.9m.


Andrew Carruthers, Chief Executive of SPARK, commented:


'We are pleased with the overall performance of our existing portfolio,
especially our larger investments such as Aspex, IMI Mobile, Skinkers and
Kobalt. We are also delighted by the quality of new investment opportunities
which we are seeing, and are pleased to be working with some of Europe's best
entrepreneurs in the digital media sector, who, in some cases, are returning to
us to finance their latest ventures after previously successfully exits. We will
continue to seek out new investment propositions to balance the SPARK portfolio
in terms of stages of investment and industry sectors, while directly helping
our existing investee companies with ideas and initiatives to enhance their
value. We look forward to updating shareholders in full on our progress and that
of our investee companies in June.'


Unanimis


Founded in 2001, London based Unanimis, is the UK's leading digital advertising
business. Unanimis offers advertisers the opportunity to maximise their return
from internet advertising and offers web publishers a completely outsourced
solution to delivering significant advertising revenue. The Unanimis client list
includes eBay, The London Stock Exchange, Gumtree and The AA.


Unanimis has been one of the UK's fastest growing media and technology companies
and with the UK online advertising market growing 40% over the last year and
expected to continue to grow strongly, Unanimis is ideally positioned to exploit
this growth.


Further information is available at: www.unanimis.co.uk


DEM


Founded in 2003 by Dr John Favier, DEM has quickly become the leading provider
of 'discrete element' modelling tools for industrial processes. Used in a wide
range of industries such as pharmaceutical, chemical, mining, oil & gas, energy,
agriculture and food processing, in which over 70% of processes involve
particles (rocks, sand, coal, pharmaceuticals etc), DEM Solutions' software
('EDEM') reduces the need for expensive prototyping, and helps improve process
efficiency and save energy.


The first version of DEM's software was launched in October 2005, since which
time the company has sold to many of the worlds leading companies across a broad
range of industrial sectors including space, (NASA), manufacturing & agriculture
(John Deere) and asphalt/minerals handling (Astec Industries).. In addition, DEM
software has been adopted by world leading industrial research groups at
universities such as the University of Cape Town and University of Queensland..


The investment round led by SPARK includes Sigma Capital Group plc who were the
lead investor at the previous round and Scottish Enterprise acting through the
Scottish Co-investment Fund. Sales have tripled over the last year, and the
investment proceeds will be used to further expand the sales and marketing
resource and develop new software releases.


Further information is available at: www.dem-solutions.com


Notonthehighstreet.com


Notonthehighstreet.com, launched in April 2006, sells high quality original
products from more than 500 of Britain's best small businesses. The business was
founded by ex-Publicis and Conde Naste employees. Such has been its rapid
success that, in less than a year, it now sells over 10,000 carefully selected,
quality products in its unique online market place. The brand targets ABC1
consumers in the UK, giving an original product offering and service that is not
available on the high street. The online shopping market is growing at a rate of
more than 30% annually and with its unique product offering Notonthehighstreet
is well positioned to capitalise on this growth.


Further information is available at www.notonthehighstreet.com

- ENDS -

Contact
NewMedia SPARK plc
Andrew Carruthers, Chief Executive Officer   020 7851 7736

Jay Patel, Executive Director                020 7851 7737

Buchanan Communications
Isabel Podda                                 020 7466 5000

About SPARK

NewMedia SPARK is a quoted venture capital organisation based in central London
focused on early stage investments in the technology, media and telecoms
sectors. SPARK's portfolio has a particular emphasis on digital media, software
applications, technology and communications. As an investor, SPARK expects to
add significant value to its investments through active support and strategic
direction. SPARK has been listed on London's Alternative Investment Market since
1999.


Recent successful exits for SPARK include the sale of Mergermarket to Pearson
for £120m, the sale of Footfall to Experian for £36m and the sale of Elata to
Qualcomm for $57m.

Further information is available at www.newmediaspark.com




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