BetCORP update (wwts, etc)

[Dr. Jack]

BETCORP LIMITED

NOTICE TO CUSTOMERS

13 OCTOBER 2006





At 10.00am this morning, US Eastern time, President George Bush signed the Unlawful Internet Gambling Enforcement Act of 2006, bringing that Act into force.

As a result, and in accordance with the advice of its lawyers, Betcorp Limited has suspended all US-facing operations, pending further analysis of the Act’s final text and receipt of further legal advice.

This means that, until further notice, it will not be possible for US residents to place wagers or make deposits on, or make withdrawals from, any website owned or operated by any company in the Betcorp group. This account freeze will remain in place until such time as Betcorp has fully assessed its legal position.

Betcorp’s websites will continue to accept deposits and wagers from, and process withdrawals for, all customers other than US residents in the ordinary course of business. Betcorp currently has customers in some 87 countries other than the US.

The Board and Executive Management of Betcorp are committed to ensuring that all US customers will have access to their accounts restored as soon as possible.

Betcorp’s help lines and online inquiry services for all Group websites will continue to operate, with additional staff being deployed to handle US customer inquiries. Betcorp will keep all customers informed of developments.