14.12.2005 – 14:03

betbull - The European Betting Exchange Plc.

euro adhoc: betbull - The European Betting Exchange Plc.
Geschäftsberichte / Betbull - The European Betting Exchange Plc raises a further EUR4 million via an Additional Private Placement

  Ad hoc-Mitteilung übermittelt durch euro adhoc. Für den Inhalt ist der
  Emittent verantwortlich.

14.12.2005

Ad-hoc Notice - 14th December 2005

Betbull Plc ("Betbull"), announces that it has raised EUR4 million
via an Additional Private Placement of 666,667 new ordinary shares at
a price of EUR6.00. In addition Betbull announces that Columbia
Exchange Systems Limited (100% owned by FUN Technologies Plc.) sold
686,700 ordinary shares in Betbull to institutional investors.

- ENDS
Contact

Alex Mackey, Catullus Consulting (+44 7773 787 458)

Catriona MacNiven, Investor Relations

Günter Schmid, CEO (upon request)

Simon Bold, COO (upon request)

Fon +35 052561

Fax +35 044554

betbull - The European Betting Exchange Plc ("betbull")

1 London Wall

London EC2Y5EB

About betbull

Betbull has the goal to establish itself as one of the leading
Continental European retail betting players.

The high caliber management team (Simon Bold, Alexander Leip, and
Günter Schmid) can resort not only to state of the art bookmaking and
operating know how but also relevant M&A expertise and track record.

Betbull was started in 2004 as a joint venture of betandwin.com
Interactive Entertainment AG (stock quoted on the Viennese stock
exchange) and Fun Technologies Plc (formerly traded as CES-Software
Plc, stock quoted on the Alternative Investment Market in London) and
is stock quoted since October 2004 on the Viennese stock exchange
("BETB", "BETB.VI").

For further details please refer to the company website
www.betbullplc.com.

This communication contains statements about the future (prognoses).
Those statements are based on the Directors’s opinion, assumptions
made by the Directors, and information available to the Directors.
One or several factors that the Directors cannot foresee with
certainty could result in outcomes and events that deviate from the
prognoses.  All prognoses are valid only on the date of their
announcement.  betbull has no intentions to and is not obliged to
update prognoses or to adapt prognoses to future events or
developments.

Rückfragehinweis:

betbull - The European Betting Exchange 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