Rule 8 - Sportsworld Media Gp

RNS Number:4936S
Morley Fund Management
6 March 2002



                                             Date of disclosure:                06 MAR 2002           FORM 8.1/8.3

Lodge with Company Announcements Office (which will publicise and copy to the
Panel). Use separate form for each class of securities in which dealings have
been made.

DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) AND 8.3 OF THE CITY CODE ON TAKEOVERS
AND MERGERS

Date of dealing:    05/03/02

Dealing in:                                         SPORTSWORLD MEDIA GROUP                      (name of company)

(1) Class of securities (e.g. ordinary shares)      ORD 1P

(2)                   Amount bought                         Amount sold                      Price per unit

                            0                                 600,085                           0.102500


(3)        Resultant total of the same class owned or controlled (and percentage                         676,386
           of class):                                                                                     0.980%

(4)        Party making disclosure:                  MORLEY FUND MANAGEMENT LIMITED AND NORWICH UNION INVESTMENT
                                                                                                      MANAGEMENT





(5)        EITHER          (a)      Name of purchaser/vendor (Note 1)
           OR              (b)      If dealing for discretionary client(s), name of fund management organisation
                                    Certain Subsidiaries of CGNU PLC

(6)        Reason for disclosure (Note 2):
           (a)    Associate of     (i)     offeror (Note 3)                                                     NO
                                   (ii)    offeree company                                                      NO
           Specify which category or categories of associate (1-8 overleaf):
           If category (8), explain:

           (b)     Rule 8.3 (i.e. disclosure because of ownership or control of 1% or more of the              YES
                   class of relevant securities dealt in)

Signed, for and on behalf of the part named in (4) above:
                                                                                 A. Dale-Jones

(Also print name of signatory):
Telephone and extension number:                                                  020 7809 8682

Note 1:     Specify owner, not nominee or vehicle company. If relevant, also
identify controller of owner, e.g. where an owner normally acts on instructions
of a controller.


        Note 2:     Disclosure might be made for more than one reason; if so,
        state all reasons.

        Note 3:     Specify which offeror if there is more than one.

        Note 4:     When an arrangement exists with any offeror, with the
        offeree company or with an associate of any offeror or of the offeree
        company in relation to relevant securities, details of such arrangement
        must be disclosed, as required by Note 6 on Rule 8.

        Note 5:     It may be necessary, particularly when disclosing derivative
        transactions, to append a sheet to this disclosure form so that all
        relevant information can be given.

        Note 6:     In the case of an average price bargain, each underlying
        trade should be disclosed.

        For full details of disclosure requirements, see Rule 8 of the Code. If
        in doubt, contact the Panel on Takeovers and Mergers, Tel. No: 0171 382
        9026. Fax No: 0171 256 9386.




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