Acquisition

Cube8.com PLC 10 May 2001 Cube8.com PLC Cube8 acquires Freeloader from Pure Entertainment Cube8.com PLC ('Cube8') is pleased to announce that it has acquired the business of Freeloader.com from AIM listed Pure Entertainment Games PLC ('Pure Entertainment'). Cube8 has purchased the business for £600,000 to be satisfied by the issue to Pure Entertainment of 60,000,000 ordinary shares at 1p per share. Speaking of the acquisition, Tim Dean-Smith, Executive Chairman of Cube8, said: 'I think that the online gaming market has enormous potential, and we look forward to taking the Freeloader business forward, and will seek to add value through the skills and network of the Cube8 team'. For further information please look at the company's website at www.cube8.com or please contact: Paul Munford, media strategy manager, Cube8 Tel: 020 7479 2787 E-mail: paulm@cube8.com Tim Dean-Smith, Chairman, Cube8 Tel: 020 7479 2700 E-mail: tim@cube8.com NOTES TO EDITORS: Cube8 is a Technology, Media and Telecoms (TMT) investment company that provides financial and intellectual capital to accelerate start-up and early-stage businesses. The Company concentrates its business in three key areas -consultancy and agency services, investments and fundraising. The Company's shares commenced trading on the Alternative Investment Market of the London Stock Exchange (AIM) on 28 February 2000. Paul Munford Media strategy manager Direct line: (020) 7479 2787 Mobile: 00 44 (0) 7970 673695

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