Director Shareholding

betinternet.com PLC
30 May 2002


            betinternet.com plc ('betinternet.com' or the 'Company')

                              Director's Interest

                                      And

                               Additional Listing

The Company announces the issue of 500,000 ordinary shares of 1p each pursuant
to the subscription agreement ('Subscription Agreement') described in the
circular to shareholders and notice of extraordinary general meeting ('EGM')
dated 17 November 2001. It was agreed under the terms of the Subscription
Agreement that Mark Child would participate in the second subscription to
subscribe 500,000 ordinary shares at 10p per share on or before the date which
falls six months after the EGM, held on 10 December 2001. The ordinary shares
being issued under the terms of the Subscription Agreement also qualify for the
bonus issue of 1 warrant in respect of every 4 ordinary shares held on the
Record Date (11 December 2001) to subscribe for 1 new ordinary share in the
Company at 12p per share. As such Mark Child would qualify to receive 125,000
warrants.

However, the terms of the Subscription Agreement allow Mark Child to procure an
alternative subscriber on his part, and in this case this has been done. The
ordinary shares and warrants due to Mark Child have been allotted to other
parties.

Further to this issue of shares, Mark Child's beneficial interest in the issued
share capital of the Company remains unchanged. Mr Child has a total beneficial
interest in 1,100,000 ordinary shares in betinternet.com, which represents 1.08%
of the Company's issued ordinary share capital. He is also interested in a total
of 275,000 warrants. The warrants to subscribe for 1 ordinary share are
exercisable at 12p per share and have a life of 3 years from the Record Date.

Separately, the Company announces that warrants in respect of 1,831 ordinary
shares were exercised on 23 May 2002.

Application has been made for a total of 501,831 new ordinary shares, which rank
pari passu with existing issued ordinary shares, and 125,000 warrants to be
admitted to trading on the Alternative Investment Market of the London Stock
Exchange. It is expected that admission will become effective and dealings will
commence on 5 June 2002.


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