RNS Number:3541O
Sportingbet PLC
05 August 2003


                                Sportingbet Plc
                       ('Sportingbet' or the 'Company')

                      Redemption of Convertible Loan Stock

The Board of Sportingbet confirms that the Company's #6.5 million Group
Convertible Loan Stock ("CULS") has now been redeemed for cash in accordance
with its terms.

Enquiries:

Sportingbet Plc
Nigel Payne                020 7251 7260


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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