23.03.2007 – 18:59

Spark Networks plc

euro adhoc: Spark Networks plc
Restructuring & Recapitalisations
Spark Networks® Seeks Shareholder Approval to Reorganize in the United States

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.

Proxy Filings

23.03.2007

Spark Networks® Seeks Shareholder Approval to Reorganize in the 
United States

BEVERLY HILLS, Calif., March 23, 2007 -- Spark Networks (MHJG: Prime 
Standard Frankfurt, LOV: AMEX), a leading provider of online 
personals services, has filed a preliminary proxy with the United 
States Securities and Exchange Commission in order to establish Spark
Networks plc as a subsidiary of Spark Networks, Inc., a corporation 
that will be incorporated in Delaware.  A copy of the preliminary 
proxy may be found on the company's website, www.spark.net, in the 
investor relations section under "SEC filings".

Pending shareholder and U.K. court approval, the shares (including 
the Global Depositary Shares (GDSs) and American Depositary Shares 
(ADSs)) of the U.K. company, Spark Networks plc, will be cancelled 
and shareholders, GDS holders and ADS holders will each receive one 
share of Spark Networks, Inc.'s common stock for each ordinary share 
(or depositary share) that they currently own.

The proposed Delaware reorganization of the Company will be effected 
by way of a Scheme of Arrangement under U.K. law.

Under the proposed Scheme of Arrangement, it is intended that the 
shares of common stock in Spark Networks, Inc. will be listed for 
trading on the American Stock Exchange, and Spark Networks plc's GDSs
and ADSs will no longer trade on the Frankfurt Stock Exchange and 
American Stock Exchange, respectively.

Additional Information and Where to Find It: The Company's 
preliminary proxy statement outlines the proposed Scheme of 
Arrangement in further detail.  Shareholders are advised to read the 
preliminary proxy statement and the final proxy statement when it 
becomes available because they contain important information.  
Shareholders may obtain a free copy of the preliminary proxy 
statement and the final proxy statement (when available) and other 
documents filed by the Company with the SEC at the SEC's website at 
http://www.sec.gov.  Free copies of the proxy statement, once 
available, and the Company's annual report may also be obtained from 
the Company by directing a request to Gail Laguna, Spark Networks 
plc, 8383 Wilshire Blvd., Suite 800, Beverly Hills, CA 90211.

Participants in the Solicitation: Spark Networks plc and its 
executive officers and directors may be deemed, under SEC rules, to 
be participants in the solicitation of proxies from the Company's 
shareholders. Information regarding the executive officers and 
directors of Spark Networks plc is included in its Proxy Statement 
filed with the SEC on March 22, 2007 and its Form 8-K filed with the 
SEC on November 22, 2006. More detailed information regarding the 
identity of potential participants, and their direct or indirect 
interests, by securities holdings or otherwise, are set forth in the 
preliminary proxy statement and will be set forth in the final proxy 
statement and other materials to be filed with the SEC in connection 
with the Extraordinary General Meeting.

About Spark Networks plc: Spark Networks' American Depository Shares 
trade on the American Stock Exchange under the symbol "LOV," and its 
Global Depositary Shares trade on the Frankfurt Stock Exchange under 
the symbol "MHJG." The Spark Networks portfolio of consumer websites 
includes, among others, JDate®.com (www.jdate.com), 
AmericanSingles®.com (www.americansingles.com), BlackSingles.com® 
(www.blacksingles.com), and Relationships.com 
(www.relationships.com).

Contacts:

Investors:        Mark Thompson
                 + 1 323 836 3000 ext. 4015
                  mthompson@spark.net

Media:           Gail Laguna
                 + 1 323 836 3000 ext. 4022
                  glaguna@spark.net

end of announcement                               euro adhoc 23.03.2007 18:21:54

Further inquiry note:

Bettina Ziehl
Value Relations GmbH
Tel.: +49 (0)69 95 92 46-14
E-Mail: b.Ziehl@vrir.de

Branche: Electronic Commerce
ISIN: US8465131097
WKN: A0DPY1
Index: Classic All Share, Prime All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade