CLP.L Regulatory News (CLP)

Embargoed until 7am 3 April 2012

Brainspark plc

("Brainspark" or "the Company")

Placing of GBP 575,000

Brainspark plc (AIM: BSP), the fast growing international investment company announces that it has placed 5,750,000 new ordinary shares of 2.5p at a price of 10 pence per share (the "Placing") raising a total of GBP 575,000 before costs, via institutional investors and a Director of the Company. The proceeds will be used to fund working capital purposes ahead of receiving funds from the sale of Mediapolis.

Alfredo Villa, Chief Executive of the Company has subscribed for a further 1,500,000 shares in the placing and now has a beneficial holding of 10,029,039, representing 13.2% of the enlarged share capital.

Application for admission to trading on AIM ("Admission") has been made and the new ordinary shares are expected to be admitted on 4 April 2012.

Alfredo Villa, Brainspark CEO commented, "We are delighted that Brainspark has been able to raise further funds allowing the Company to continue to support its subsidiaries and investments. With the anticipated funds from the Sorgente transaction the Company believes that there will be many opportunities to realise substantial value from some of the Group investments in the coming months and we look forward to a very exciting and successful future for Brainspark."

Related party transaction

The placing of new shares to Alfredo Villa is classified as a transaction with a related party for the purposes of the AIM Rules. In accordance, therefore, with the AIM Rules, the directors of the Company, with the exclusion of Alfredo Villa, having consulted with the Company's nominated adviser, Westhouse Securities Limited, consider that the terms of the transaction are fair and reasonable insofar as the Company's shareholders are concerned.

Total Voting Rights

Following Admission, the Company's issued share capital will comprise 75,722,710 Ordinary Shares with one voting right per share. There are no shares held in treasury. The total number of voting rights in the Company is therefore 75,722,710.

This figure of 75,722,710 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

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For further information please contact:

Brainspark plc

Alfredo Villa, CEO +39 02 525 051

Justin Drummond, Executive Chairman +44 (0) 7747 755 489

Westhouse Securities +44 (0) 20 7601 6100

Antonio Bossi

Jonathan Haines

Leander PR +44 (0) 7795 168 157

Christian Taylor-Wilkinson

About Brainspark Plc

Brainspark plc (AIM: BSP) is an AIM listed investment company pursuing a dynamic strategy to create a comprehensive portfolio of companies primarily encompassing the interactive media, leisure, entertainment and financial services sectors mainly in Italy but also other European countries. The company may be both a passive or active investor and Brainspark's investment rationale ranges from acquiring minority positions with strategic influence through to larger controlling positions.