Statement re Possible Offer

betinternet.com PLC 17 May 2001 The Directors of betinternet.com plc, the online betting company quoted on AIM, announce that the Company has received approaches which they are reviewing and which may or may not lead to offers for the share capital of the Company. In the meantime the Directors continue to review various strategic options available to them for the development of the Company, which include remaining independent. Shareholders will be kept informed.

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