RNS No 9346j
SPORTSWORLD MEDIA GROUP PLC
23 July 1999


Sportsworld Media Group plc ("Sportsworld" or "the Company")

Further to the announcement made by the Company on 1 July 1999, Sportsworld is
pleased to announce that, yesterday, the acquisition of a 60 per cent.
interest in Lone Eagle Enterprises Inc. was formally completed.

Application has been made for the admission to the Official List of the London
Stock Exchange of the 261,462 new ordinary shares in Sportsworld issued as
consideration to the vendors. Application has also been made for the admission
to the Official List of seven ordinary shares arising as a result of the share
reorganisation effected in December 1998. It is expected that such admission
will be effective on 29 July 1999.


END

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