SOURCE: Press Release

(London, England) — Betbrokers plc, (AIM: BETB), the UK’s first retail and wholesale brokerage and clearing house for the sports betting industry, announces today its audited Interim Results for the six months ended 30 June 2007.

Financial Highlights

- Turnover increased 229 percent to £772,000 (H1 2006: £235,000)
- Gross Profit increased 178 percent to £565,000 (H1 2006: £203,000)
- Costs only increased by 37 percent to £1.973 million (H1 2006: £1.439 million)
- Loss of £1.38 million (H1 2006: £1.22 million)

Operational Highlights

- Retail clients increased by 110 percent to 1092 at 30 June 2007 (from 519 at 31 Dec. 2006)
- Wholesale clients increased by 28 percent to 272 (H1 2006: 213)
- Website hits up by 381 percent to 243,343 in Sept. 2007 (Dec. 2006: 50,642)

Commenting on the Interim Results, Wayne Lochner, Chairman and Chief Executive, said: “We have had an extremely busy first six months of 2007, achieving the objectives we set ourselves and preparing the business for the next stage of our development."

"We have worked rigorously to control our cost base, whilst considerably growing our client base and revenues from the voice broking and clearing operations."

"The next stage of our development will be to bring the first phases of our data services to our client base (Winning Edge and Gold Sheet), and to introduce Spread Betting, Binary Betting and Casino services."

"These services will allow clients to fully utilise our "one account" clearing service."

"This, coupled with our plans to launch a Fund which will invest in strategic Sports Risk Hedging opportunities such as those offered by Sports Risk Management, means that the next 12 months promises further significant growth for Betbrokers."