betbull - The European Betting Exchange Plc.

euro adhoc: Betbull plc
Betbull Plc raises EUR4.2 million by way of a Private Placement

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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.

ENDS - Contact 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

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ots Originaltext: betbull - The European Betting Exchange Plc.
Im Internet recherchierbar:

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

Branche: Glücksspiele
ISIN:      AT0000615331
WKN:        A0DKM0
Börsen:  Wiener Börse AG / Börse

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