TES Thames Water 26

RNS Number:4474E
TradingSports Exchange Systems PLC
25 October 2004



For Immediate Release                                  Monday 25th October 2004


                       TRADINGSPORTS EXCHANGE SYSTEMS PLC
                                        
                                        
                                  BOARD CHANGE
                                        
                                        
TradingSports Exchange Systems plc ("TradingSports" or "the Company"), the AIM
listed provider of "white label" person-to-person ("P2P") betting exchange
systems, announces today that Ray Ranson has stepped down as Executive Director
for Business Development, and is leaving the Board with immediate effect.


Mr Roger Mitchell, CEO, commented:


"Ray has made a significant contribution to the company in an exceptionally
difficult period of uncertainty surrounding the recently concluded refinancing.
Now that this period is behind us, and we are on a more stable financial
footing, Ray feels he needs to devote more time to his other business interests.
Given the very heavy time commitment of the last 4 months, that is more than
understandable. The Board and I wish him well."


Ray Ranson commented:


"I am very pleased to have secured with Roger and the Board the level of
financial stability that was missing when I joined in July. That process however
has been much more time-consuming than I would have wished, and I have agreed
with the Board that I will step down at this time."



For further information:

TradingSports Exchange Systems plc                     Tel: 0141.586.3422

Roger Mitchell, Chief Executive Officer



Background Information


TradingSports Exchange Systems plc, which floated on the London Stock Exchange's
AIM in May 2003, enables its customers to enter the P2P betting market without
the substantial investment of building, developing and maintaining their own P2P
exchange systems. Aimed at the business-to-business market, TradingSports acts
as an aggregator of liquidity from different sports betting companies, enabling
them to benefit from TradingSports' global pool of P2P bettors.






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

END
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