“ We are transforming Sportech and making good progress implementing the changes necessary to realise the Company’s potential to become a significantly larger broad-based sports, leisure and gaming business with international reach.

Our technology partnerships with Scientific Games and Orbis have given us the head start we needed to modernise our technology infrastructure, and to upgrade our online and new media presence. We have initiated the introduction of new and enhanced products as well as making significant progress with opportunities to distribute our products into overseas markets. We look forward to the second half with confidence.”

Ian R Penrose
Chief Executive
11 September 2007

Highlights

• Profit before tax for the six months ended 30 June 2007 of £5.2m (2006: £6.1m) is in line with the Board’s expectations and reflects the implementation of the Company’s turnaround strategy
• Net debt at end of June 2007 reduced to £87.0m (December 2006: £89.9m): the second half will be impacted by recent rises in interest rate costs
• Significant progress made on the three major foundations for recovery: products, technology and distribution
• Enhanced and new products launched – Premier 10, Fantasy Football, predictor games and fixed odds games. Relaunch of Spot the Ball on target for 2008
• Significant progress made upgrading back-end technology systems following technology and distribution partnership with Scientific Games and e-Gaming technology supply partnership with Orbis
• Earnings per share from continuing operations of 0.61p (2006: 0.86p)
• Appointment of Jon Holmes as non-executive director; strengthened management team with appointment of Christian Heap, Head of International Development
• Preliminary clearance received from the Competition Commission for the acquisition of Vernons