Press Speculation

Brainspark PLC 2 April 2001 Brainspark plc Reference Press Speculation Statement by Chairman 'In response to speculation in today's UK press, I want to place on record that I have total confidence in Stewart Dodd as Chief Executive of Brainspark and Noah Freedman, as Chief Technology Officer and I wish to reaffirm my conviction in the value created by Brainspark's incubation process.' Don Caldwell Chairman 2 April 2001 Enquiries Citigate Dewe Rogerson Martin Jackson - 020 7638 9571 Brainspark David Hart - 020 7843 6608