Capital Reorganisation

Sportech PLC 23 December 2002 SPORTECH PLC ANNOUNCES CONFIRMATION OF CAPITAL REDUCTION & DISPOSAL OF SURPLUS PROPERTY Sportech plc, the home gaming company and owner of the Littlewoods gaming and betting brands, today announces that the Court of Session in Scotland has confirmed the capital reduction agreed at the Annual General Meeting on 18 April 2002. Sportech plc also announces that it has completed the sale of surplus property for residential development, as previously indicated in the Interim Statement. The proceeds of the disposal are in line with expectations. - ends - Enquiries Suzanne Judge, Corporate Communications, Sportech 0151 288 3059 Charles Reynolds, Bell Pottinger Financial 020 7861 3232 Notes to editors Sportech plc is the UK's leading home gaming company, providing a variety of betting and gaming opportunities to customers through its wholly owned portfolio of Littlewoods betting and gaming brands. Sportech is developing its business through the utilisation of new channels of distribution to bring more games to more players in the home, capitalising on the strength of the Littlewoods brand, namely its association with the values of trust and integrity. This information is provided by RNS The company news service from the London Stock Exchange

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Sportech (SPO)
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