£1.5m Deal Signed with Harden's Ltd

Cube8.com PLC 9 May 2000 Cube8.com signs £1.5m deal with Harden's Limited Cube8.com, the AIM-quoted internet incubation and investment company which also provides strategic management consulting and technology services, announces today that it has made a cash investment in Harden's Limited ('Harden's') for an initial 12.11% stake. Cube8.com also has options to increase its stake to 42.5% within 18 months. The maximum total consideration is £1,518,000, comprised of £1,118,000 in cash and the issue of new Ordinary Shares in Cube8.com totalling £400,000. Harden's, based in London, recently acquired the business of Harden's Guides, publishers of the capital's longest-established consumer-response-based restaurant guide, Harden's London Restaurants, now entering its 10th annual edition. Harden's also publishes restaurant information at www.hardens.com, which recently received the five-star award as top food-related site from 'The Net', the UK's top-selling internet magazine. Harden's publishes a range of other titles, including Harden's Top UK Restaurants, which is researched in association with The Observer. Commenting on the investment, Tim Dean-Smith, Chairman and Chief Executive of Cube8.com, said, 'Over nearly ten years, Harden's publications have built up a devoted readership amongst savvy Londoners, who know the name stands for comprehensive high-quality information presented in a highly compressed format. This interactively generated content is ideally suited to new media applications, and Harden's have built a large community of survey participants. We are very excited about the possibilities of combining Cube8's expertise with Harden's existing content and approach, and this should enable the business to grow very rapidly.' Peter Harden said, 'Until now, we have built Harden's up without any recourse to external investment, however with the continued boom in consumer demand for quality information on the UK's ever-increasing range of quality restaurants, there are significant opportunities for expansion. Cube8.com's funding and experience will help us greatly to accelerate the services we can offer in new media formats, both by developing existing content and by expanding into new sectors and geographical areas.' Dan Parker, Commercial Director of Cube8.com, will join brothers Richard and Peter Harden on the board of Harden's with immediate effect. www.cube8.com www.hardens.com For further information, please contact: Cube8.com plc Tel: 020 7243 2000 Tim Dean-Smith, Chairman & Chief Executive E-mail: timds@cube8.com Harden's Limited Tel: 020 7839 4763 Peter Harden, Director E-mail: ph@hardens.com Issued by: Bankside Consultants Limited Tel: 020 7220 7477 Henry Harrison-Topham / Julian Bosdet E-mail: henry@bankside.co.uk / julian@bankside.co.uk

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