Peter Dick Update

[Stephen]

This is the latest on Peter Dick's arrest:

The Board of Sportingbet can confirm that it has been informed that at a hearing to consider the transfer of Mr Peter Dicks, its former Independent Non-executive Chairman, to Louisiana held at 3.00pm (BST), Mr Dicks was granted an extension to his bail permitting him to return to the United Kingdom. Further, today's hearing has been adjourned until 28 September 2006 after New York Governor George Pataki's office withdrew a governor's warrant necessary to transfer Mr Dicks to the State of Louisiana.

Peter Dick has also resigned from his position as Non-executive chairman:

Further to its recent announcements regarding Mr Peter Dicks, Sportingbet confirms that, with great reluctance, at 2.25 p.m. today, the Board accepted the resignation of Mr Dicks as Independent Non-executive Chairman of Sportingbet with immediate effect. Mr. Dicks indicated that he wishes to concentrate on personal matters. The Board will announce a new Independent Non-executive Chairman in due course.

Stephen