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

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22.12.2006

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
www.betbullplc.com.

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 www.betbullplc.com.

Ende der Mitteilung euro adhoc 22.12.2006 14:30:00
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ots Originaltext: betbull - The European Betting Exchange Plc.
Im Internet recherchierbar: http://www.presseportal.de

Rückfragehinweis:
Betbull plc
Catriona Macniven
Investor Relations
Tel.: +350 77331
e-Mail: c.macniven@betbull.com

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