Regulatory referral (Bartercard)

RNS Number:6820E
Bartercard plc
16 June 2006

Bartercard plc
("Bartercard")

Bartercard announces that it has referred various matters relating to former
directors and advisers, which are considered to be irregular, to the appropriate
regulatory authorities. These matters relate to the Company's AGM, held in
October 2005, and the subsequent MBO proposals; the regulatory authorities
include the FSA and the London Stock Exchange.

                                                                    15 June 2006

Enquiries:

College Hill
Richard Pearson                                                 020 7457 2020


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

MSCSFUFMISMSEIM