LONDON -- BETonSPORTS plc. (LSE: BSS - News), having noted the recent media reports from various outlets in both the UK and the U.S. wishes to make the following statement:
BetonSports plc (referred

BETonSPORTS casino has been temporarily shut down. to as the Company) acquired the various businesses comprised in the group immediately prior to its float in July 2004. Other than David Carruthers the Board of directors, both executive and non-executive directors, was appointed at or subsequent to the float and are not named in the indictment.
Since the time of its public listing, the Board believes the Company has operated in accordance with the standard expected of a U.K. Plc which is publicly quoted on AIM on the London Stock Exchange. The Board wish to make absolutely clear that none of the founders of the original business has any continuing role within the Company. As disclosed in the AIM document, the original founder has a consulting agreement with the Company under which his role is non-management related which was an absolute requirement of the Board for the float and thereafter.
Some media reports have focused on alleged improper activity occurring at the group's Costa Rican business premises during VIP parties and other events. All these allegations relate to the time prior to the acquisition of the business by the Company and its July 2004 float.
The Board wants to assure the investment community, employees, and customers of the Company that they, in consultation with the Company's attorneys, are evaluating all of the Company's options and deciding what steps will be taken next. Once a decision is made in this regard a further statement will be released. The Company wishes to express its appreciation to its employees, customers, investors and partners for their patience and support during this process and will issue further information as soon as possible.
David Carruthers Ousted by BETonSPORTS
The Board of Directors of BETonSPORTS plc announced that on 24 July 2006 the contract under which David Carruthers acted as CEO of the Company was terminated. As a consequence, the Board has removed him as a director.
This action was taken as a consequence of Mr. Carruthers continued detention by US authorities. Clearly, while he remains in the custody of the U.S. Government he is unable to perform his duties. Further the company has been unable to speak directly with Mr. Carruthers.
BETonSPORTS plc
Toll Free Phone: 888.999.2387 x4145
Website: www.bosplc.com
| Established in 1995, BetonSports is one of the largest licensed and publicly-traded online wagering companies in the world. Operated by BetonSports plc (LSE: BSS.L), BETonSPORTS is licensed in Europe and the Caribbean with offices in London, Guatemala, Mexico and Malaysia. BETonSPORTS plc owns and operates 20 different online gambling brands.
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