Brainspark plc ("Brainspark" or the "Company")

Geosim Systems Limited ("Geosim") secures further funding

Geosim (www.geosim.co.il), the 3D city technology and modelling producer, in
which Brainspark (www.brainspark.com) will hold 41.03% (fully diluted), has
raised additional finance for working capital and development. Private investors
in America have subscribed $135,000 to complete the first $720,000 tranche of
financing at $10,000,000 pre-money valuation of Geosim and have subscribed a
further $300,000 as part of the next $1,280,000 tranche of financing at a
pre-money valuation of $20,000,000 for Geosim.

As a result of dilution after this initial $1,020,000 funding and post the
conversion by Crash LLC of their options, Brainspark will be interested on
41.03% of Geosim.

At a Geosim valuation of $20,000,000 Brainspark's 41.03% equity held in Geosim
is valued at $8,200,000 (£ 4,360,000). This alone is equivalent to 1.31p a
share.

Notes

Geosim has developed a unique 3D city modelling technology . Applications
include urban planning and development, tourism, estate agency, law enforcement,
advertising, entertainment and the security and rescue services.