euro adhoc: Betbull plc / Kapitalerhöhung/Restrukturierung / Betbull Plc raises EUR4.2 million by way of a Private Placement (D)

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Betbull Plc raises EUR4.2 million by way of a Private Placement Betbull Plc ("Betbull") announces that it has raised EUR4,200,000 by way of a Private Placement of 1,050,000 new ordinary shares at a subscription price of EUR4.00 .
1.0 million of the new ordinary shares have been subscribed for by new investors from Switzerland with the additional 50,000 new ordinary shares having been subscribed for by the management of Betbull. Associated costs of the Private Placement, including the issue of 21,000 new ordinary shares to the placing agents, GBR Financial Services GmbH (formerly known as Andreas Grundbichler GmbH), are expected to total approximately 2% of funds raised. It is intended that the new ordinary shares will be listed as Austrian Depositary Certificates on the Vienna Stock Exchange in due course.
A shareholders meeting approving the disapplication of pre-emption rights in relation to the Private Placement was held on December 15th 2006 in London.

David De Marco, Group Finance Director

Phone +356 21480131
Fax +356 21480132

Please note the new address:

Betbull Plc
Tower 42, Level 23/Pillsbury
25 Old Broad Street
London EC2N 1HQ
United Kingdom

This communication can be downloaded from the website

About Betbull
Betbull's goal is to establish itself as one of the leading Continental European retail bookmakers. The Betbull group holds bookmaking licences in the UK, Austria, Malta and horse betting licences in select districts of Germany and Spain.

The high caliber management team (Simon Bold, David De Marco, Alexander Leip, and Günter Schmid) has a strong track record in the betting industry with relevant bookmaking experience and know-how including sector specific M&A expertise.

Betbull has been listed on the Vienna Stock Exchange since October 2004 ("BETB", "BETB.VI").

For further details please refer to the website

Rückfragen & Kontakt:

Ende der Mitteilung euro adhoc 22.12.2006 14:30:00

Emittent: Betbull plc
6th Floor One London Wall
UK-EC2Y 5EB London
Telefon: +35 052561
FAX: +35 044554
ISIN: AT0000615331
Börsen: Börse: Wiener Börse AG
Branche: Glücksspiele
Sprache: Deutsch

Betbull plc
Catriona Macniven
Investor Relations
Tel.: +350 77331