2008-04-02 08:37:10

PRESS RELEASE

(NGM:BETT)

Betting Promotions gross margin for the first quarter of 2008 has been lower than expected. The gross margin for the first quarter is approximately 0,30%.
The betting turnover rose by more than 30% during the quarter to approximately 3 600 MSEK (2 655). The nature of the business is such that the gross margin varies between the quarters. The company sees no change in the long term profitability.


CEO Johan Moazed comments:
“We have had a low margin in the first quarter while our betting turnover has risen to record levels.”

Malmö April 2 2008
For further information, please contact:
Johan Moazed, CEO Betting Promotion Sweden AB.
Tel +46 40 611 84 94
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