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West 175 Media Grp (WEP)

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Monday 14 August, 2000

West 175 Media Grp


West 175 Media Group Inc
14 August 2000

                    LEADING NEW ZEALAND SOFTWARE RETAILER                    
West  175  Media Group Inc, ('West 175'), the lifestyle media group listed  on
AIM,  has  agreed to acquire a 24.9 per cent equity interest in  Central  Park
Interactive  Ltd  ('CPI'), New Zealand's leading interactive  software  retail

The  purchase price of the shares being acquired is NZ$1 million,  (£303,450),
which  will be satisfied by the issue of 156,015 new ordinary shares  in  West

CPI  currently  operates  13  stores in prime locations  including  the  major
shopping  centre  malls in New Zealand, and is involved in  the  marketing  of
Playstation, Nintendo, and Game Boy solutions.

It  has developed key strategic partnerships with major suppliers such as Sony
Computer Entertainment, whose planned launch of Playstation 2 in November 2000
represents  a  major  marketing  opportunity  for  CPI.   Sony  has  committed
substantial resources to Playstation 2, anticipating worldwide sales in excess
of US$500 million in the first week and US$1.5 billion by 31 December 2000.

CPI will provide a new and important distribution channel through which Actrix
Networks  will  be  able  to market Internet products  and  services.   Actrix
Networks  is  New Zealand's longest-established Internet Service  Provider  in
which  West 175 acquired a 60 per cent equity interest in May this  year.  The
new  partnership  will  also provide a platform for Actrix  and  West  175  to
leverage opportunities in the emerging on-line gaming market.

Rohan  Courtney,  Chairman of West 175, believes the investment  in  CPI  will
provide a number of commercial benefits to the company.  These include:

 1.  Access to new markets for Actrix at a low cost of sale
 2.  The  positioning of Actrix as a leading edge games-oriented ISP  in  New
 3.  The development of an on-line gaming web site
 4.  Leverage West 175's position as a content provider

CPI  has also established a strong relationship with Westfield Group,  one  of
the  world's  largest  shopping mall developers.  Westfield  shopping  centres
are  located primarily in Australia (30) and the US (39), as well  as  in  New
Zealand  and   the   UK,   and  key sites in New Zealand  and  Australia  have
already  been offered  to CPI.  It is envisaged that further opportunities for
retail    store  development   outside  New  Zealand  will  arise  from   this
relationship,   providing  significant  support  to  CPI's  planned  expansion

John  McEwen,  Chief Executive of West 175, said:  'We are delighted  to  have
acquired a strategic stake in a highly successful niche retailer in one of our
key markets.  Together with CPI, we will seek to maximise the potential of the
existing  strong  relationships  with Sony and  Westfield,  in  particular  by
accelerating the retail outlet development programme'.

Editor's note:

West  175 Media Group Inc. is a world-wide media company specialising  in  all
aspects   of  lifestyle  broadcasting,  programme  production,  merchandising,
publishing  and  live  events. It concentrates its activities  in  the  United
States, UK and New Zealand and employs some 300 people worldwide.

The company's activities extend from the production of  corporate and   public
live events, television and consumer programme production and broadcasting, to
product fulfilment, merchandising, publishing, e-commerce and Internet service

For further information contact:

Rohan Courtney, Chairman, West 175 Media Group Inc.              020 8398 7175
                                                       Mobile:   07879 498 544

Mike Tate, Binns & Co. PR                                        020 7786 9600


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