DATED 31 MARCH 2000













                                 (1) SCOOP, INC.



                                     - and -



                                (2) INFINICOM AB









                             SUBSCRIPTION AGREEMENT







                                  White & Case
                                  7-11 Moorgate
                                     London
                                    EC2R 6HH
                               Tel: 020 7726 6361
                               Fax: 020 7726 4314
                                    Ref: GJH

<PAGE>


                             SUBSCRIPTION AGREEMENT

          This SUBSCRIPTION  AGREEMENT (this  "Agreement") is entered into as of
this 31st day of March, 2000 by and between SCOOP, INC., a corporation organized
and  existing  under  the laws of the State of  Delaware  (the  "Company"),  and
INFINICOM AB (publ),  a holding  company formed under the laws of the Kingdom of
Sweden ("Subscriber").

                                    RECITALS:

          WHEREAS,  the Company and the  Subscriber  are parties to that certain
Deed of Subscription,  Amendment and Release dated 31 March 2000 (the "Deed") by
and among Michael John Neame, Martin Clarke,  24STORE.com  Limited,  the Company
and the Subscriber;

          WHEREAS,  in accordance  with the Deed, the Company desires to sell to
Subscriber and  Subscriber  desires to purchase from the Company an aggregate of
8,784,349  shares of  common  stock,  par  value  $0.001,  of the  Company  (the
"Subscribed Stock") pursuant to the terms of this Agreement;

          NOW, THEREFORE,  in consideration of the mutual covenants and promises
contained here, and for valuable  consideration,  the receipt and sufficiency of
which are  hereby  mutually  acknowledged  and  confessed,  the  parties to this
Agreement (hereinafter collectively "parties" and individually "party") agree as
follows:

                                   AGREEMENT:

1. OFFER AND SUBSCRIPTION.

          (a) Offer.  This Agreement  constitutes  an  irrevocable  offer by the
Company to sell the Subscribed  Stock to Subscriber  upon the terms set forth in
this Agreement.

          (b)  Subscription.   Subject  to  the  terms  and  conditions  hereof,
Subscriber hereby  irrevocably  subscribes and offers to purchase the Subscribed
Stock  for a  total  consideration  consisting  of (i)  cash  in the  amount  of
US$1,870,426  (the "Cash  Consideration")  and (ii) the full release of the Debt
Obligations (as defined in the Deed).

2. CLOSING.

          (a) Closing Date. The closing for the purchase of the Subscribed Stock
in accordance  with the terms and conditions of this  Agreement (the  "Closing")
shall take place on such date as the parties shall mutually agree.

          (b) Payment and Delivery.  At the Closing, the Company shall issue and
deliver or cause to be delivered to  Subscriber a certificate  representing  the
Subscribed Stock, registered in the name of Subscriber, against payment therefor
by (i)  delivery  to the  Company  of a bank  check  or wire  transfer  or other
acceptable  transfer  method in the  amount of the Cash  Consideration  and (ii)
release of the Debt Obligations in accordance with the Deed.

3. REPRESENTATIONS AND WARRANTIES.

          Subscriber hereby  represents,  warrants and covenants to the Company,
as follows:

          (a) Residence.  Subscriber's  permanent  legal  executive  offices and
principal  place of business is in the Kingdom of Sweden at both the time of the
"offer" and the "sale" of the Subscribed Stock to Subscriber.

          (b)  Opportunity to Ask Questions and to Review  Documents,  Books and
Records.  During the course of the  transaction  contemplated by this Agreement,
and before purchasing the Subscribed Stock,  Subscriber has had the opportunity,
to the extent Subscriber has determined to be necessary, to (i) be provided with
financial and other written information about the Company, (ii) to ask questions
and receive answers  concerning the terms and conditions of this  Agreement,  an
investment  in the  Subscribed  Stock,  and the  business of the Company and its
finances,  (iii) to review all documents,  books and records of the Company, and
(iv)  that  Subscriber  has,  to  the  extent  it has  availed  itself  of  this
opportunity, received satisfactory information and answers.

          (c) Accredited  Investor.  Subscriber is an  "accredited  investor" as
that  term  is  defined  in Rule  501 of  Regulation  D  promulgated  under  the
Securities  Act because  Subscriber is a  corporation,  partnership  (general or
limited),  limited liability  company/partnership,  or (Massachusetts)  business
trust which was not formed for the specific  purpose of acquiring the Subscribed
Stock and Subscriber has total assets in excess of $5,000,000.

          (d) Knowledge and Experience. Subscriber represents that, by reason of
Subscriber's  knowledge and  experience in business or financial  matters,  that
Subscriber is capable of evaluating the merits and risks of an investment in the
Company.

          (e)   Sophistication.   Subscriber   represents   that  by  reason  of
Subscriber's  business or financial  experience,  Subscriber  can be  reasonably
assumed to have the capacity to protect  Subscriber's own interest in connection
with the transaction contemplated by this Agreement.

          (f) Independent Review of Investment Merits.  During the course of the
transaction contemplated by this Agreement, and before purchasing the Subscribed
Stock, Subscriber has had the opportunity to obtain an independent review of the
investment merits of a proposed  subscription in the Subscribed Stock including,
without limitation,  the terms and conditions of this Agreement,  by investments
professionals  including,  without limitation,  investment,  tax, accounting and
legal advisors, and that Subscriber has, to the extent it has availed himself of
this  opportunity,  received  satisfactory  information  and  answers  from such
advisors.

          (g) Investment Risks. Subscriber has been informed and understands and
agrees as follows:  (i) an investment in the  Subscribed  Stock is a speculative
investment with a high degree of risk of loss and Subscriber must, therefore, be
able to presently  afford a complete loss of this  investment;  (ii)  Subscriber
must be able to hold the  Subscribed  Stock  indefinitely  due to,  among  other
factors, substantial restrictions on the transferability of the Subscribed Stock
and there being no public market for resale of the  Subscribed  Stock;  (iii) it
may not be possible to liquidate the  Subscribed  Stock in the case of emergency
and/or  other  need and  Subscriber  must,  therefore,  have  adequate  means of
providing for Subscriber's  current and future needs and personal  contingencies
and have no need for  liquidity  in this  investment;  and (iv)  Subscriber  has
evaluated   Subscriber's  financial  resources  and  investment  and  investment
position in view of the foregoing, and is able to bear the economic risk of this
investment.

          (h) No Advertising.  To the best of Subscriber's  knowledge and belief
the  offer  and  sale  of the  Subscribed  Stock  was  not  accomplished  by the
publication  of  any  advertisement,  article,  notice  or  other  communication
published  in any  newspaper,  magazine,  or  similar  media or  broadcast  over
television  or  radio;  nor was the  offer  and  sale  of the  Subscribed  Stock
accomplished  through any similar or meeting to which  Subscriber was invited by
any such publication or advertisement.

          (i) Securities  Purchased for Subscriber's Own Account. The Subscribed
Stock is being purchased by Subscriber as principal and not by any other person,
with Subscriber's own funds and not with the funds of any other person,  and for
the account of Subscriber  and not as a nominee or agent and not for the account
of  any  other  person.  Subscriber  is  purchasing  the  Subscribed  Stock  for
investment  for  an  indefinite  period  and  not  with a view  to the  sale  or
distribution  of any part or all  thereof  by  public or  private  sale or other
disposition. No person other than Subscriber will have any interest,  beneficial
or  otherwise,  in the  Subscribed  Stock,  and  Subscriber  is not obligated to
transfer the Subscribed  Stock to any other person nor does  Subscriber have any
agreement or understanding to do so. Subscriber  understands that the Company is
relying in material part upon Subscriber's  representations  as set forth herein
for purposes of claiming the Applicable Securities Exemptions and that the basis
for  such  exemptions  may not be  presented  if,  notwithstanding  Subscriber's
representations,  Subscriber  intends merely to acquire the Subscribed Stock for
resale  on  the  occurrence  or  nonoccurrence  of  some  predetermined   event.
Subscriber has no such intention.

          (j)  Authority  of  Signatories.  The persons who have  executed  this
Agreement on behalf of  Subscriber  have the full power and authority to execute
this  Agreement  on behalf of  Subscriber  and to make the  representations  and
warranties  made  herein on  Subscriber's  behalf and this  investment  has been
affirmatively  authorized by the governing board or principals of Subscriber and
is not prohibited by the governing documents of Subscriber or by law.

          (k) Material  Changes in  Representations.  Subscriber will notify the
Company  immediately  of any  material  change(s) in any  statement  made herein
occurring prior to the closing of the purchase by it of the Subscribed Stock.

4. MISCELLANEOUS.

          (a) Survival of  Representations.  All  representations and warranties
made by any  party in  connection  with  any  transaction  contemplated  by this
Agreement shall,  irrespective of any investigation  made by or on behalf of any
party  hereto,  survive  the  execution  and  delivery  of this  Agreement,  the
performance or consummation of any transaction described in this Agreement,  and
the  termination  of this  Agreement for a period of six months from the date of
this Agreement.

          (b) Governing  Law. THIS AGREEMENT AND THE RIGHTS AND REMEDIES OF EACH
PARTY  ARISING  OUT  OF  OR  RELATING  TO  THIS  AGREEMENT  (INCLUDING,  WITHOUT
LIMITATION,  EQUITABLE REMEDIES) SHALL BE SOLELY GOVERNED BY, INTERPRETED UNDER,
AND CONSTRUED AND ENFORCED IN  ACCORDANCE  WITH THE LAWS (WITHOUT  REGARD TO THE
CONFLICT  OF LAW  PRINCIPLES  THEREOF)  OF THE STATE OF  CALIFORNIA,  AS IF THIS
AGREEMENT  WERE MADE,  AND AS IF ITS  OBLIGATIONS  ARE TO BE  PERFORMED,  WHOLLY
WITHIN THE STATE OF CALIFORNIA.

          (c) Assignment and Delegation; Successors and Assigns.


              (i)  Prohibition  Against  Assignment  or  Delegation.  Except  as
     specifically provided in this Agreement, neither the Company nor Subscriber
     may sell,  license,  transfer or assign (by  operation of law or otherwise)
     any such  party's  rights or Interest in this  Agreement  or delegate  such
     party's duties or obligations  under this  Agreement,  in whole or in part,
     without the prior written consent of the other party,  which consent may be
     withheld in such other party's sole discretion. Any purported assignment or
     transfer  in  violation  of the terms of this  clause (i) shall be null and
     void ab initio  and of no force  and  effect,  and shall  vest no rights or
     interest in the purported assignee.

              (ii) Successors and Assigns.  Subject to the foregoing, all of the
     representations,  warranties,  covenants, conditions and provisions of this
     Agreement  shall be  binding  upon and shall  inure to the  benefit of each
     party  and  such  party's  respective   successors  and  permitted  assigns
     (including, without limitation, spouses, heirs, executors,  administrators,
     and personal and legal representatives.

          (d) Counterparts. This Agreement may be executed in counterparts, each
of which shall be deemed an original, and all of which together shall constitute
one and the same  instrument,  binding on all parties  hereto.  Any signature of
this  Agreement  may be detached  from any  counterpart  of this  Agreement  and
reattached to any other  counterpart of this Agreement  identical in form hereto
by having attached to it one or more additional pages.



<PAGE>


          IN WITNESS WHEREOF,  the parties have caused this Agreement to be duly
executed in their respective corporate names by their respective officers,  each
of whom is duly and validly authorized and empowered, all as of the day and year
first above written.

INFINICOM AB (publ)


By: /s/ Larsake Sandin
   -------------------
   Title: Director



SCOOP, INC.


By: /s/ Larsake Sandin
   -------------------
   Title: Director