BSS Betonsports

RNS Number:8631L
BETonSPORTS PLC
09 November 2006



                                BETonSPORTS plc

                                     Update


The Board of Directors of BETonSPORTS plc, the on-line gaming company announced
today  that it has reached agreement with the United States District Court for
the Eastern District of Missouri on the form of a Permanent Injunction relating
to its US facing businesses. This replaces the Temporary Restraining Order (TRO)
issued on 17th July 2006 with which BETonSPORTS plc also complied by ceasing to
trade in the US.

While the Company has agreed to the Permanent Injunction, it is important to
note that this has been done without the Company admitting to or contesting any
of the allegations contained within the Complaint. The Company is an investment
holding company and has not itself undertaken any gaming activities. Furthermore
most of the alleged offences in the Complaint took place before the Company
started to trade in July 2004.

The Board has agreed to accept a Permanent Injunction:-

  * on the basis of legal advice in the USA and the UK;

  * as it is seen as a major step in the negotiation to settle the outstanding
    criminal action against the Company;

  * so that it can concentrate on trying to deliver some value for
    shareholders from its continuing Asian operations.


The Company has, as a result of this order, stated:-

  * That following on from its announcement of 11th August 2006 and having
    complied with the TRO the Company it is completing the closure of its Costa
    Rica and Antiguan operations;

  * That its Antiguan subsidiary continues with its efforts to repay customers
    although this remains dependant on collection of monies from processors and
    other debtors;

  * It will, as part of the Permanent Injunction, agree a  plan with the DoJ
    for its Antiguan subsidiary to pay customers based on money recovered.

As stated in our announcement on the disposal of Hooball today, BETonSPORTS plc
other Asian facing brands continue to trade normally and the Directors continue
to assess the options for the business.

Negotiations with the DoJ continue with the aim of eliminating the criminal
charges against the Company.

                                    - Ends -


Citigate Dewe Rogerson
Ginny Pulbrook
+44 (0)20 7282 2945

Celtic Communications (USA)
Kevin Smith
+1 314.623.2734
kevin@celticom.net



                      This information is provided by RNS
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