Sale of Portfolio Holding

Brainspark PLC
07 June 2006


FOR IMMEDIATE RELEASE                                               7 June 2006




                                 BRAINSPARK PLC

                         ('Brainspark' or the 'Company)


                           SALE OF PORTFOLIO HOLDING


Brainspark today announces that it has agreed to dispose of its holding in Kerb
Limited ('Kerb'), an internet services portfolio company.

The holding of 30,167 1p ordinary shares, which represented 25% of the issued
share capital of Kerb, will be sold back to the company for a cash consideration
of £205,000. Under the Companies Act 1985 (the 'Act'), Kerb will give notice on
certain representations and subject to any creditor of Kerb prior to 6 July 2006
aplying to the court under under section 176 of the Act for an order prohibiting
the payment, will complete the share purchase transaction on 6 July 2006.

Kerb reported revenues for the year ended February 2006 of approximately
£600,000 with pre-tax profit of around £13,000. In the Brainspark accounts, the
current book value of Kerb is £64,000.

Francesco Gardin commented on the disposal: 'We are pleased about this
transaction and we will use the proceeds for new technology seed investments,
and the international growth of the Company '.


                      This information is provided by RNS
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