Pre Close Period Trading Upda

Paddy Power plc
05 July 2007

                                Paddy Power plc
                        Pre Close Period Trading Update





Paddy Power plc issues the following update prior to entering the close period
for its interim results to 30 June 2007, which will be announced on 4 September
2007:



The strong start to the year which was detailed in the Chairman's Statement at
the AGM in May has continued.  Sporting results have been favourable, most
particularly in the last three weeks, including a record result at the Royal
Ascot meeting.  Furthermore, we are pleased with the ongoing momentum across the
Group.

Historically, the first half of the year has tended to be the stronger half for
Paddy Power and this is likely to be particularly pronounced in 2007.  Assuming
the favourable sporting results in the first half are not offset by an
unfavourable run in the second half, and that Group turnover continues to grow
in line with our forecasts, we expect operating profit for the full year of
approximately €62m.  This result would represent underlying operating profit
growth compared to 2006 of approximately 36%.



                                      ENDS

Issued on behalf of Paddy Power plc by Drury Communications Ltd

For reference, contact:

Patrick Kennedy
Chief Executive
Paddy Power plc
Tel: + 353 1 404 5912

Billy Murphy / Oonagh Daly                            Trevor Phillips
Drury Communications Ltd                              Holborn PR
Tel: + 353 1 260 5000                                 Tel: + 44 20 7929 5599
Mobile: + 353 87 855 4406 (OD)                        Mobile: + 44 7889 153 628









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