Placement of Shares

Newsplayer Group PLC 26 July 2001 Newsplayer Group plc ('Newsplayer') Placement of Shares Paul Duffen, Chief Executive and Barry Llewellyn, Director of Newsplayer together with two founding shareholders, Reef Securities and Guy Middleton successfully placed a total of 3.25 million ordinary shares of 1p each ('Ordinary Shares') at a price of 37p per share with institutional shareholders yesterday. These shares were placed to increase liquidity in the market for Newsplayer shares. Paul Duffen sold 975,000 Ordinary Shares representing 1.48 per cent of the issued share capital of Newsplayer at 37p per Ordinary Share. Following the sale, Paul Duffen continues to hold 8,322,036 Ordinary Shares representing 12.65 per cent of the issued share capital. Barry Llewellyn sold 975,000 Ordinary Shares representing 1.48 per cent of the issued share capital of Newsplayer at 37p per Ordinary Share. Following the sale, Barry Llewellyn continues to hold 8,322,036 Ordinary Shares representing 12.65 per cent of the issued share capital. Reef Securities sold 975,000 Ordinary Shares representing 1.48 per cent of the issued share capital of Newsplayer at 37p per Ordinary Share. Following the sale, Reef Securities continues to hold 8,426,646 Ordinary Shares representing 12.8 per cent of the issued share capital. Guy Middleton sold 325,000 Ordinary Shares representing 0.49 per cent of the issued share capital of Newsplayer at 37p per Ordinary Share. Following the sale, Guy Middleton continues to hold 4,313,518 Ordinary Shares representing 6.55 per cent of the issued share capital. Paul Duffen, Chief Executive of Newsplayer said: 'We are pleased at the strong response from institutional investors. I believe this is an endorsement of the Directors' confidence in Newsplayer's prospects. Newsplayer continues to grow successfully as we build our business through the acquisition of important new properties and the development of innovative applications.' Enquiries: Newsplayer 020 7927 6699 Paul Duffen, Chief Executive Brunswick 020 7404 5959 Gavin Partington Harry Chathli Notes to Editors ================ Newsplayer Group plc Newsplayer exploits rights and/or licences to television and cinema content using interactive technology and markets them globally to B2B, B2E and B2C platforms. Revenues are generated from the licensing of content to third parties (B2B), from the charging of subscriptions to schools and colleges for access to bespoke educational products (B2E) and from pay-per-view and video-on-demand fees from consumers (B2C). Newsplayer's content portfolio includes 1000 hours of ITN and Reuters news material, material from Columbia Sports News and Castle Films (Stock Video of Boston), Universal News (The Alison Mercer Collection) and the Passport International collection as well as hundreds of interviews conducted by Sir David Frost (The Frost Collection).