1. Financial highlights for the period

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1 betbull, formerly betbull plc, ( betbull ) announces the release of the unaudited group consolidated financial statements for the nine months ended 30 November Financial highlights for the period Betting stakes of EUR 63.1m for the nine months down 14.7% compared to EUR 74m in the same period last year. Net gaming revenue of EUR 9.1m for the nine months down 22.2% compared to EUR 11.7m in the same period last year. EBITDA (including the joint venture in Madrid) of EUR (2.0)m for the nine months down EUR (2.1)m compared to EUR 0.1m in the same period last year. Cash position as at 30 September 2009 (including the joint venture in Madrid) of EUR 4.9m compared to EUR 8.2m as at 31 December EBITDA excluding the joint venture in Madrid of EUR (0.5)m for the nine months and cash position as at 30 September 2009 also excluding the joint venture in Madrid of EUR 4.5m. 1 of 5 pages

2 2. Business highlights for the nine months Betting turnover for the first nine months of 2009 is down 14.7% at EUR 63.1m compared to the same period last year, whilst net gaming revenue has decreased by 22.2% to EUR 9.1m. EBITDA for the period, including the JV with bwin in Madrid, is EUR (2.0)m compared to EUR 0.1m in The results reflect a difficult trading period in QII in the German market, where the legislative position continues to be uncertain. In Spain, BBE finished the quarter with six premises open (four own shops and two agencies). The initial signs are very encouraging, particularly in the case of the company s own shops. Commenting on today s release Simon Bold, Director of betbull, said: The first nine months of 2009 have produced declining trading figures due to the legislative position in Germany. The company has been adversely affected by a restriction on trading in certain regions, but continues to remain confident about the long term opportunity for retail betting in Germany and is able to adapt to the challenging short term circumstances. In Spain, BBE finished the quarter with six shops, four own and two agencies. The initial signs are very promising, particularly in the case of own shops, which in addition to betting revenues, are also benefiting from recent legislative changes in the gaming machine sector, which permits the installation of b3 machines and the introduction of higher jackpots. BBE will continue to pursue the concept of predominately fully licensed own shops, which have the possibility to offer electronic roulette, poker, bingo and traditional slots will see further betting licences being available in Spain, with several regions already having published draft betting legislation. We are pleased with the development of our business to date and will seek to increase our representation in Spain. 2 of 5 pages

3 Betbull Consolidated Profit and Loss account For the nine months ended 30 September (9 months) (9 months) EUR EUR Betting stakes 63,097,569 73,988,225 Customer winnings (52,515,342) (60,036,205) Gross hold 10,582,227 13,952,020 Other gaming income 1,008, ,638 Commissions to third party agents and bonuses (2,537,222) (3,026,037) Net gaming revenue 9,053,242 11,745,621 Other operating income 211, ,374 Total income 9,264,937 12,034,995 Direct costs and betting taxes (1,872,432) (2,030,095) Gross profit 7,392,505 10,004,900 Personnel costs (5,258,215) (4,691,892) Cost of premises (2,446,975) (2,938,293) Mobility and distribution costs (623,570) (726,892) Other operating costs (952,374) (1,410,885) Valuation adjustments 279 (2,546) EBITDA and before share benefit charge (1,888,350) 234,392 Share benefit charge (88,347) (146,444) EBITDA (1,976,697) 87,948 Depreciation & amortisation of investments (773,862) (657,890) EBIT (2,750,559) (569,942) Financial result (204,081) (280,503) Loss before tax (2,954,640) (850,445) Taxation (74,990) (357,253) Loss after tax (3,029,630) (1,207,698) Attributable to - Equity holders of the parent - Minority interest (2,168,309) (623,966) (861,321) (583,732) (3,029,630) (1,207,698) 3 of 5 pages

4 Betbull Consolidated balance sheet As at 30 September EUR EUR Goodwill, intangible assets and investments 18,335,734 18,582,544 Fixed assets 2,889,100 2,541,122 Non-current assets 281, ,878 Current assets 4,227,167 4,986,436 Cash and cash equivalents 4,884,818 9,193,147 Total assets 30,618,523 35,499,127 Equity 29,496,781 34,356,519 Losses (12,047,297) (12,370,380) Reserves 5,397,680 5,547,420 Current liabilities 4,756,266 5,833,386 Minority interest (1,819,537) (610,860) Long tern liabilities - Shareholder s convertible loan 2,240,000 1,250,000 - Loan to Betbull Bwin Espana SA 2,594,630 1,493,042 Total equity and liabilities 30,618,523 35,499,127 4 of 5 pages

5 - ENDS - Contact David De Marco, Group Finance Director d.demarco@betbull.com Phone Fax betbull 15 Fetter Lane, London EC4A 1JP United Kingdom Betbull (formerly betbull plc) is registered in England & Wales under the Registration Number SE12 (formerly ). This communication can be downloaded from the website About betbull: betbull is an established provider of gaming centred retail entertainment, based in London. betbull offers its customers principally horse and sports betting at licensed betting shops, complemented by slot machines, internet betting and sports bars. betbull accepts bets based on licences in England and Wales, Malta and Germany, and is also licensed in Madrid, Spain. In Germany, betbull products are available above all under the "Wettenleip" brand. In Madrid, Spain, betbull operates under the w1nners brand. betbull itself has been quoted on the Third Market of the Vienna Stock Exchange since October 2004 (ISIN AT ) and was established as a joint venture between Fun Technologies Plc and bwin Interactive Entertainment AG. For detailed information on betbull, visit 5 of 5 pages