Appointment of a Director

NewMedia SPARK PLC 30 January 2004 NewMedia SPARK plc 30 January 2004 NewMedia SPARK plc appoints Jayesh Patel as a Director NewMedia SPARK plc ('SPARK') announces that it has today appointed Jay Patel, as a director. Jay, 34, has been part of the SPARK management and investment team since SPARK's formation in 1999. Previously Jay has held corporate finance and strategy positions at BSkyB and UBS Warburg and qualified as a chartered accountant with KPMG. He holds an MBA from INSEAD and an economics degree from the London School of Economics. Commenting on the appointment, Tom Teichman, Chairman of NewMedia SPARK plc said: ' It's a pleasure to welcome Jay to the Board. He has been a core member of the team at SPARK since we began and his varied experience will be extremely valuable as we continue to develop the companies within our portfolio.' Notes Full name: Jayesh Ramesh Patel Current directorships/affiliations: SPARK Investors Ltd, NewMedia SPARK Directors Ltd, SPARK Services Ltd Directorships/partnerships in last 5 years: MeMedia Ltd (on behalf of NewMedia SPARK plc), Skillvest Ltd (on behalf of NewMedia SPARK plc), Moza Ltd Receiverships/Liquidations; J Patel was a non-executive director of Skillvest Ltd on behalf of NewMedia SPARK plc. Skillvest Ltd was placed into liquidation in October 2001. Jayesh Patel holds 400,000 shares in NewMedia Spark plc. For further information, please contact: Andrew Carruthers or Michael Whitaker at NewMedia SPARK plc +44 (0)20 7851 7777 Listed on London's Alternative Investment Market, NewMedia SPARK plc is a quoted European venture capital organisation focused on investments in the telecoms, media, technology and financial services sectors. This information is provided by RNS The company news service from the London Stock Exchange
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