RNS Number:4966B
Sportsworld Media Group PLC


                         DOCUMENT RE:
               Sportsworld Media Group plc
     (Incorporated in England and Wales with Registered No. 675496)

                    Proposed acquisition of
               Australian Media Holdings Pty Limited

          Placing and Open Offer of 11,319,149 New Ordinary
                    Shares at 280 pence each

               Underwritten by Investec Bank (UK) Limited



A copy of the above is available for inspection from the Company Announcements
office of the London Stock Exchange.

END
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