Brainspark Plc

Issue of Options to Directors

Brainspark has issued options ("Options") to acquire Ordinary Shares in the
Company ("Option Shares") to the Directors under a new unapproved executive
share option scheme, as follows:

Prof. Francesco Gardin, Executive Chairman - 12 million Option Shares
Alfredo M Villa, Non Executive Officer - 5 million Option Shares
Dennis B Bailey, Executive Director - 5 million Option Shares
David Meacher. Non-Executive Director - 5 million Option Shares
Edward Burman, Non-Executive Director - 5 million Option Shares

Mr Don R Caldwell, lives in America, and will not be participating in the
Scheme.

The total of 32 million Option Shares to be granted represents 9.67 % of the
current issued capital of 330, 697,003 shares as enlarged by the Option Shares.

It is proposed that the Directors may exercise, should they wish to do so, up to
33% of any Option Shares granted after one year from the date of grant, up to a
further 33% after two years from the day of grant and the balance of shares
after three years from the day of grant. The strike price of 0.78p has been set
at a premium of 30% to the mid market price of 0.60p on 26 February 2007, being
the latest practical date prior to the publication of this proposal. Further
Option Shares may be granted by the Directors on an annual basis in accordance
with the terms of the Scheme.

In addition, it is intended that the two Executive Directors, Prof Gardin and Mr
Bailey be paid fees, commencing 1 March 2007, of £80,000 and £20,000 per annum
respectively in respect of their administration and other duties in developing
Brainspark. Prof Gardin has not received any fees for some years and Mr Bailey
has not previously been in receipt of fees.

The issue of Options is being treated as a Related Party transaction under the
AIM Rules. Don Caldwell, the only Independent Director having consulted the
Company's Nominated Adviser, considers that the terms of the above Unapproved
Share Option Scheme and the issued options to Directors are fair and reasonable
in so far as the Company's shareholders are concerned.

For information please contact:

Francesco Gardin, Brainspark plc, telephone: 00 39 335 296573

Roland Cornish, Beaumont Cornish Limited, telephone: 020 7628 339