Newsplayer Group PLC
31 March 2004
31 March 2004
Newsplayer Group plc
Statement re press article
The directors of Newsplayer Group plc (the 'Company') note the article in
today's Guardian newspaper regarding the potential purchase of United Business
Media plc's ('UBM') stake in Satellite Information Services Limited ('SIS').
The directors of the Company confirm that they are in discussions with UBM
regarding an acquisition of UBM's stake in SIS but that such discussions may or
may not lead to the consummation of a transaction. In order to conclude the
acquisition, the Company would need to raise further funds.
The directors will announce further details in due course.
Enquiries:
Paul Duffen
CEO
Newsplayer Group plc
020 7927 6699
Simon Hirst / Richard Swindells
Nominated Adviser and Broker to Newsplayer Group plc
Durlacher Limited
020 7459 3600
This information is provided by RNS
The company news service from the London Stock Exchange