Further Investment in Digital Animations Group plc

NewMedia SPARK PLC 6 April 2000 NewMedia SPARK invests further £1m in Digital Animations Group plc NewMedia SPARK plc ('SPARK') announces that it has agreed to invest a further £1m as part of the £12m placing at 150p per share announced today by Digital Animations Group plc ('Digital Animations'). As a result of this further investment, SPARK'S shareholding in Digital Animations will increase to 3.67m shares. Digital Animations was the first investment made by SPARK following SPARK's stock market launch in October 1999, and SPARK's original £300,000 investment in Digital Animations now has a market value of approximately £5.5m. Commenting on this further investment Michael Whitaker, CEO of SPARK, said: 'We are pleased to be supporting this fund raising by Digital Animations, which will provide the company with the funds required to take advantage of the substantial range of opportunities now opening up to it following its involvement in the ground breaking Ananova virtual news reader project. We look forward to the formal launch of the Ananova project and to the use of the innovative technology which lies behind it in a range of other potential applications.' For further information, please contact: NewMedia SPARK Michael Whitaker Tel No: 0207 851 7777 Buchanan Communications Lisa Baderoon Tel No: 0207 466 5000
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