Trading Update
02 Oktober 2006 - 12:04PM
UK Regulatory
The Weather Lottery plc
("Weather Lottery" or "the Company")
TWL Achieves Online Transaction Approval
The Weather Lottery Plc (Ticker symbol; TWL) is pleased to announce that it has
been approved by a UK High Street Bank for all Credit Card and Debit Card
transactions. The Weather Lottery has primarily been a paper based application
Lottery with recurring standing orders (96%) being its main stream of revenue.
A recurring Debit and Credit Card system will allow players to pay online and
will enhance the turnover of the Group and at the same time increase the revenue
of the Company's 1500 (and growing) clients. TWL only accepts applications to
play its lotteries from U.K. based players.
Organisations registered with The Weather Lottery can now simply contact their
support base to register directly online and raise further recurring funds for
their cause. It is the Company's intention for the Play Online system to go live
in October 2006
Speaking today, Keith Milhench CEO of The Weather Lottery Plc explained: "to be
approved by a UK High Street Bank for all online transactions is a major step in
for the Company's ongoing growth and development. Gaining approval by such an
institution is extremely pleasing and once more proves the credibility of the
Group. Players can now support their cause whether it is in the Education,
Sporting or Charity sectors, directly online at www.theweatherlottery.com".
-ends-
For further information:
The Weather Lottery PLC 0113 2750002
Keith Milhench
Website www.theweatherlottery.com
SVS Securities 020 7638 5600
Ian Callaway/Peter Manfield
ARM Corporate Finance Ltd 020 7512 0191
Nick Harriss
City Road Communications 07947 186694
Paul Quade 020 7248 8010
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