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<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the restated
unaudited consolidated financial statements of Global Media Corporation for the
quarter and three months ended January 31, 2000, and is qualified it its
entirety by reference to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JAN-31-2000
<CASH> 2,542,833
<SECURITIES> 0
<RECEIVABLES> 182,200
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 3,005,417
<PP&E> 4,849,440
<DEPRECIATION> 603,417
<TOTAL-ASSETS> 7,854,857
<CURRENT-LIABILITIES> 607,979
<BONDS> 86,407
0
5,709,104
<COMMON> 14,131
<OTHER-SE> 0
<TOTAL-LIABILITY-AND-EQUITY> 7,854,857
<SALES> 0
<TOTAL-REVENUES> 58,635
<CGS> 57,923
<TOTAL-COSTS> 57,923
<OTHER-EXPENSES> 2,508,217
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (2,507,505)
<INCOME-TAX> 0
<INCOME-CONTINUING> (2,508,390)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (2,508,390)
<EPS-BASIC> (0.11)
<EPS-DILUTED> (0.11)
</TABLE>
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