**Exhibit 2.29**

**AMENDMENT      NO. 1 TO INVESTOR REGISTRATION RIGHTS AGREEMENT**

**THIS      AMENDMENT NO.1 **
**FUTUREMEDIA      PLC, **
** **
** **
**CORNELL      CAPITAL PARTNERS, LP**
**TAIB      BANK B.S.C. (c) **
**CERTAIN      WEALTH, LTD.**

**WHEREAS,      **

**WHEREAS,      **

**WHEREAS,      **

**NOW,      THEREFORE, **

|   | 1. | The                foregoing recitals are hereby incorporated herein by reference and                acknowledged as true and correct by the parties hereto. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2. | The                first sentence of Section 2(a) of the Agreement is hereby amended and                restated in its entirety to read as                follows: |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**“Subject      to the terms and conditions of this Agreement, the Company shall prepare and      file, no later than June 12, 2006 (the “**
**Scheduled      Filing Deadline**
**”),      with the SEC a registration statement on Form F-3 under the Securities Act      (the“**
**Initial      Registration Statement**
**”)      for the resale by the Investors of the Registrable Securities, which includes      a      number of Ordinary Shares to be issued upon conversion of the Convertible Notes      and underlying the Warrants of even date herewith not less than 115,044,118      (110,294,118 as and for the Ordinary Shares to be issued upon conversion of      the      Convertible Notes and 4,750,000 as and for the Warrant      Shares).”**

**[SIGNATURE      PAGES TO IMMEDIATELY FOLLOW]**

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**IN      WITNESS WHEREOF,**

| **FUTUREMEDIA                PLC**           |                             | **                 CORNELL CAPITAL PARTNERS, LP** |
|----------------------------------------------|----------------------------------|--------------------------------------------------------|
|                                         |                             |                                                   |
| By:                                     | /s/              Peter G. Machin |                                                   |                  By: Yorkville Advisors, LLC |
| Name: Peter                G Machin     |                             |                  Its: General Partner             |
| Title: Company                Secretary |                             |                                                   |

|   |   |                  By:                                 | /s/              Mark A. Angelo |
|--------|--------|----------------------------------------------------------------|---------------------------------|
|   |   |                Name: Mark              A. Angelo     |
|   |   |                Title: Portfolio              Manager |

|   |   | **TAIB BANK, B.S.C.              (c)** |
|--------|--------|----------------------------------------|
|   |   | By:                               | /s/              Larry Chaleff  |
|   |   | Name: Larry              Chaleff  |
|   |   | Title: Authorized              Person  |

|   |   | **CERTAIN                WEALTH, LTD.** |
|--------|--------|-----------------------------------------|
|   |   | By:                                     | /s/              Larry Chaleff |
|   |   | Name: Larry                Chaleff |
|   |   | Title:                Authorized Person |

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