TradingSports Exchange Systems PLC
17 June 2003


For Immediate Release                                             17 June, 2003

                  TradingSports Exchange Systems plc

                  TradingSports signs up Betfanatic.com

TradingSports Exchange Systems plc ("TradingSports" or "the Group"), the
person-to-person ("P2P") betting exchange system provider, is pleased to
announce details of an exclusive five-year deal with Betfanatic.com 
("Betfanatic").

Under the terms of the agreement, TradingSports will provide Betfanatic's
customers with P2P betting through its betting exchange, and allow these
customers to benefit from the liquidity engendered by TradingSports' pooled
customer base.  In exchange, TradingSports will receive a percentage of all
margins generated through Betfanatic.

Joe Tighe, Chief Executive to TradingSports, commented:

"This partnership with Betfanatic is a strong endorsement of the potential for
P2P betting exchange systems to revolutionise the online gaming market.  We are
pleased to be behind one of the best names in horse racing in the UK and believe
that Betfanatic has every chance to succeed in the fast growing P2P space."

Ben Arbib, Chief Executive of Betfanatic, commented:

"P2P betting is here to stay and we believe that Betfanatic will be at the
forefront of this new gaming revolution. In our view, TradingSports is the only
system available today which has the ability to not only handle the significant
growth which we are anticipating over the medium term, but also provides us with
the necessary liquidity for our customers to take part in the most exciting
betting experience available."

For further information, please contact:

TradingSports                                              T: 020 8780 6000
Joe Tighe, Chief Executive

Betfanatic                                                 T: 0870 26 26 333
Ben Arbib

Buchanan Communications                                    T: 020 7466 5000
Bobby Morse / Bobbie Swanson

Background to Betfanatic.com:

Betfanatic was founded in 2003 by Benjamin Arbib. The Arbib family have been
involved in both the UK Horse Racing and the Financial Services industry for the
last twenty years.

Betfanatic's betting exchange is provided by TradingSports, a proprietary
exchange software provider. TradingSports is a UK based technology company that
focuses entirely on developing large-scale exchange technology for the global
betting industry.

Betfanatic is located within the UK and operates wholly within the confines of
the Betting and Gaming & Lotteries Act of 1963. It holds a Bookmakers Permit.

Background to TradingSports:

Founded in August 2000 and floated on the Alternative Investment Market of the
London Stock Exchange in May 2003, TradingSports is a P2P betting exchange
system provider. It offers a technology platform primarily to sports betting
companies, through which individuals bet on live sporting events at any point
before and during the event.

The Group aims to apply principles of a financial exchange and to act as a
clearing house for gambling companies offering P2P betting from any jurisdiction
in the world where it is lawful to do so. Its platform is aimed at the
business-to-business market and acts as an aggregator of liquidity from
different sports betting companies. TradingSports recognises that liquidity is
an important component to maximise the success of P2P betting. By providing an
exchange service with several participating members, thereby creating a
significant user base, TradingSports' services help to ensure that the potential
number of people with whom to bet is far greater than could be provided by one
individual bookmaker.

TradingSports itself has no direct relationship with bettors, does not handle
any money of individual bettors and is not exposed to the gambling risk
associated with a bookmaker, as it does not risk its own capital.



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