Acquisition

NewMedia SPARK PLC
27 September 2000


                         NEWMEDIA SPARK PLC ('SPARK')                         
                                                                              
              ACQUISITION OF NEWMEDIA INVESTORS LIMITED ('NMI')              

SPARK announces that the acquisition of NMI has been completed.

Following  admission to trading on the Alternative Investment  Market  of  the
14,684,288  new  ordinary  shares  in SPARK issued  in  consideration  of  the
acquisition,  the Company has been notified of changes in the interests  of  T
Teichman, SPARK's Chairman, as follows:

                          No. of            No. of        
                        ordinary          ordinary        
                          shares            shares        
                       issued in       %   held in       %
                consideration of             total
                     acquisition         following
                                        acquisition
                             
                                                          
Held  as  beneficiary          -           2,880,000      0.89
of the direct holding
of    the    Teichman
Guernsey Settlement


Held   by  Glasshouse  14,684,288    4.57  14,684,288     4.57
Associates Limited                             


Transferred to                 -           6,766,666      2.11
Glasshouse Associates
Limited by NMI  under
terms     of      the
Acquisition


                                                          
Total interests        14,684,288    4.57  24,330,954      7.57


Notes:

1.   T  Teichman  is interested in the shareholdings of Glasshouse  Associates
     Limited  by  reason of his settlement, the Teichman Guernsey  Settlement,
     being the majority shareholder in Glasshouse Associates.

2.   T  Teichman  is also interested in warrants over 2.64 per  cent.  of  the
     issued share capital of SPARK (assuming full exercise of warrants by  all
     warrantholders),  1.88  per  cent.  of  which  are  held  by   Glasshouse
     Associates.