Statement from Board of Directors regarding Press Speculation

Further to recent press speculation, the Board of Sportingbet announces that it has received a highly preliminary approach from Ladbrokes plc ("Ladbrokes" or the "Offeror"), which may or may not lead to an offer being made to purchase the entire issued and to be issued share capital of the Company.  There can be no certainty that any offer will be forthcoming or as to the terms of any such offer.

In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the "Code"), Sportingbet has 660,543,128 ordinary shares of 0.1p pence each in issue. The International Securities Identification Number ("ISIN") for Sportingbet is GB0009516252.

A further announcement will be made in due course.

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