Press Speculation

Brainspark PLC
2 April 2001

                                Brainspark plc

                         Reference Press Speculation

Statement by Chairman

'In response to speculation in today's UK press, I want to place on record
that I have total confidence in Stewart Dodd as Chief Executive of Brainspark
and Noah Freedman, as Chief Technology Officer and I wish to reaffirm my
conviction in the value created by Brainspark's incubation process.'

Don Caldwell

Chairman

2 April 2001

Enquiries

Citigate Dewe Rogerson

Martin Jackson - 020 7638 9571


Brainspark

David Hart - 020 7843 6608