Newsplayer Group PLC
27 October 2003



FOR IMMEDIATE RELEASE:

27 October 2003



                              Newsplayer Group plc

                 Newsplayer Group plc responds to press speculation


In light of press speculation at the weekend, Newsplayer Group plc ('NPG' or the
'Company') confirms that it is in negotiations with an investment group which
has expressed an interest in subscribing for approximately ??1,000,000 of new
shares in NPG at an anticipated price of 20p. The Company expects the investment
to be concluded imminently and further information will be released at that
time.


ends


For further information, contact:


Paul Duffen                  NPG                 +44 (0) 207 927 6699

Philip Ranger                Merlin              +44 (0) 207 606 1244








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