RIOT ENTERTAINMENT SECURES FUNDING FOR INTERNATIONAL EXPANSION

Helsinki - April 19, 2000 - RIOT Entertainment ("RIOT-E"), the Finnish wireless entertainment publishing company pioneering global services for mobile users, has attracted funding for its international expansion from Nokia Ventures and epartners, the internet investment vehicle of Rupert Murdoch's News Corporation.

RIOT-E develops and distributes entertainment services and games to mobile terminals in partnership with leading international entertainment companies and technology companies. Currently RIOT-E develops in partnership with 20th Century Fox the first wireless game tied in with a feature film -Titan AE. The game will be launched worldwide this summer. RIOT-E is one of the first wireless entertainment publishers in the world to offer its services globally. The products are based on SMS*, WAP* and other emerging technologies.

Antti Kokkinen, Partner with Nokia Ventures, which lead this financing round, comments: " RIOT-E is a unique company combining entertainment with the wireless environment. This is the first time Nokia Ventures has invested in Finland, one of the leading markets for the mobile industry and an ideal test market for new wireless services. This is an excellent opportunity for Nokia Ventures to participate in the creation of new wireless services which will be launched on a global basis."

Mark Booth, Managing Partner of Softbank UK Ventures which is managed by epartners, said:

"This is the first investment made by our new fund, Softbank UK Ventures, in its wireless segment. Riot-E is a tremendously exciting company, which will pioneer the delivery of entertainment via WAP and SMS technology. Finnish companies have led the way in developing the mobile telephony market and we are very pleased to team with Nokia Ventures in participating in the roll-out of Riot-E's services going forward."

*SMS - Short Messaging Services *WAP - Wireless Application Protocol

NOTES TO EDITORS:

RIOT Entertainment RIOT Entertainment is pioneering global services for mobile users in the entertainment and game sector. RIOT Entertainment was established in February 2000 through the merger of two Finnish companies, IntelliGame Ltd and Takomo Bros. It is headquartered in Helsinki, Finland, and employs 35 people.The executive team of RIOT-E is drawn from backgrounds in film, music, game production and New Media.

Nokia Ventures Based in Menlo Park, California, Nokia Ventures L.P. is a US $150 million venture capital fund formed in 1998 to invest in early stage, high-growth companies in the areas of e-commerce, information technology and communications.

Nokia Corporation has invested in the fund with the intention to gain exposure to new markets, business models and technologies beyond the reach of Nokia's current business unit strategies. Nokia Ventures seeks partnerships with leading-edge companies attacking high-growth market opportunities that will benefit from the combined resources, experience and contacts of the Nokia Ventures team and from the association with a world-class brand. For more information, visit www.nokiaventures.com

epartners Softbank UK Ventures (www.SBUKV.com) is a new venture capital fund of which the largest investor in which is Softbank. epartners (www.epartners.com) which manages SBUKV is also an investor. SBUKV will target internet, wirless, ecommerce, and new media and related investments in the UK market. A sister fund of SBUKV is eVentures which is an incubation, acceleration and investment joint venture between SOFTBANKCORP. and News Corp., which was formed in July 1999. eVentures has branches in the UK, India, Australia and New Zealand. To date, eVentures has launched Buy.com and E-LOAN.