Director Shareholding

Cube8.com PLC
2 January 2001


                 Cube8.com plc ('Cube8.com' or the 'Company')


                           Directors' Shareholding


The Company has today been informed that Mr Tim Dean-Smith, Executive Chairman
of Cube8.com, purchased 400,000 shares in the Company on 29 December 2000 at
2.4p per share. Mr Dean-Smith now has an interest in 25,157,680 ordinary
shares, representing approximately 7.09 per cent of the issued share capital.

The Company has today been informed that Mr John Winfield, Finance Director
of Cube8.com, purchased 200,000 shares in the Company on 29 December 2000 at
2.4p per share. Mr Winfield now has an interest in 700,433 ordinary shares,
representing approximately 0.198 per cent of the issued share capital.

The Company has today been informed that Mr Jeremy Hallsworth, Non-Executive
Director of Cube8.com, purchased 400,000 shares in the Company on 29 December
2000 at 2.4p per share. Mr Hallsworth now has an interest in 39,595,000
ordinary shares, representing approximately 11.20 per cent of the issued
share capital.


For further information please look at the investor relations website at
www.cube8.com or please contact:

Cube8.com plc                                          Tel: [phone]
Tim Dean-Smith, Chairman
E-mail: [e-mail]

Issued by:
Bankside Consultants Limited                           Tel: [phone]
Henry Harrison-Topham / Julian Bosdet
E-mail: [e-mail] / [e-mail]

Note to editors:

Cube8 is a Technology, Media and Telecoms investment and incubation company
that provides financial and intellectual capital to accelerate start-up and
early-stage internet businesses.

The Company's operations have 3 main areas of focus, these being:

(i) Investment
(ii) Consultancy and Agency Services
(iii) Networking and Fundraising

The Company's shares started trading on the Alternative Investment Market of
the London Stock Exchange ('AIM') on 28th February 2000.