Newsplayer Group PLC
28 November 2003

28 November 2003
For immediate release

                              Newsplayer Group plc

                            ('NPG' or the 'Company')

                  Placing of new shares with strategic partner

NPG is pleased to announce, further to the statement made on 27 October 2003,
that Strategic Investment Asia Group Japan Limited ('SIAG') has agreed to make
a long-term strategic investment of ??1 million in the Company through a
subscription for 5,000,000 new ordinary shares of 1p each in the Company
('Shares') at a price of 20p per Share. SIAG has undertaken not to sell any 
of its shareholding within a 12-month period from the date of allotment. The 
Shares will be allotted to SIAG immediately that funds are received by NPG 
which is expected to be on or before 12 December 2003.

In addition, David Holdgate, Chairman of NPG, has increased his shareholding 
by subscribing for 125,000 new ordinary Shares at a price of 20p per Share.

In the following text it is assumed that the 5,125,000 Shares have all been
allotted although 5,000,000 Shares cannot be allotted until the funds are
received by NPG.

The total placing proceeds of ??1,025,000 raised through these issues will be
used by the Company for additional working capital and this brings the total 
new funding raised by NPG since July 2003 to ??2,256,000, before expenses.

SIAG is a media and technology investment company based in Tokyo with US$100
million of investment capital, focused on the creation of a cross-platform
streaming media and interactive broadcast group designed to benefit from the
proliferation of low cost, high-speed networks around the world. SIAG has an
existing investment in Japanese company Netdrome (www.netdrome.tv) which has
developed an advanced video navigation system and is in negotiations with
several other providers of digital media technology. SIAG is an existing
customer of GMS, the recently-acquired NPG subsidiary based in New York, from
which it already sources a variety of media services.

Paul Duffen, CEO of NPG, commented 'We are delighted to have secured the
interest of SIAG in the Company, which follows the successful integration of
GMS within the enlarged group. I am also pleased to confirm that GMS is trading 
in line with our expectations at the time of its acquisition.'

The shareholdings of the Directors of NPG are now as follows:

Director                             Number of        Percentage of issued 
                                  ordinary shares         share capital
David Holdgate, Chairman             1,760,714                1.39
Paul Duffen, CEO                     8,488,703                6.71
Adam Cohen (with Jennifer Sultan)   24,067,489               19.01
Barry Llewellyn                      8,488,703                6.71
Reef Securities Limited *            7,724,422                6.10
Sir David Frost                      3,333,333                2.63
                                  -------------          --------------
Total                               53,863,364               42.55
                                  =============          ==============

* Reef Securities Limited is the wholly owned investment vehicle of Steven
Smith, Director.

In addition, the interest of SIAG represents 3.95% of the issued share capital
of the Company which now comprises 126,587,443 Shares.

Application will be made today for the 125,000 Shares allotted to David Holdgate
to be admitted to trading on AIM and dealings are expected to commence on 4
December 2003.

Application will be made as soon as practicable for the 5,000,000 Shares to be
allotted to SIAG to be admitted to trading on AIM and dealings are expected to
commence on or before Thursday, 18 December 2003.

                                    - Ends -


For further information, please contact:

Paul Duffen         Newsplayer Group plc             +44 20 7927 6699
Alex Borrelli       Shore Capital                    +44 20 7408 4090
Philip Ranger       Merlin Financial                 +44 20 7606 1244



Notes to Editors:
About Newsplayer Group plc
Newsplayer Group plc is a media company that exploits rights and/or licences to
television and cinema content and markets them globally to business, educational
and consumer audiences using interactive technology. Revenues are generated from
the licensing of content to third parties, from subscription and pay-per-view
fees paid by consumers, and from shared advertising revenues.

NPG has a range of on-line channels including:

Newsplayer.com     a thousand hours of 20th century news material from ITN and
                   Reuters.
Frost.tv           hundreds of interviews conducted by Sir David Frost.
Screenplayer.com   Hollywood and showbiz footage.
Birdstream         archives of RSPB film unit.
Video.tv           hundred years of music videos from EMI.

For more information about NPG, please visit:
http://www.npg-plc.com



                      This information is provided by RNS
            The company news service from the London Stock Exchange
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