(“Webis” or the “Group”)

Board Changes

The board of Webis announce that by mutual agreement, Garry Knowles will step down as Group Managing Director and terminate his employment with effect from 30 April 2015.

The board would like to take this opportunity to thank Garry for his considerable contribution to the Group over the last ten years.

Ed Comins, Group Director and President of WatchandWager.com LLC (“W&W”), has been appointed as Group Managing Director with immediate effect.

W&W provides pari-mutuel wagering through distribution channels to a global client base. Currently, the company’s operations are fully licenced with a number of prestigious racetrack partners within the United States, Hong Kong, Canada, United Kingdom, Ireland, Australia and France, together with the Cal Expo Harness Racetrack operation in Sacramento, California; the latter licenced by the California Horse Racing Board. The board believe that a sole focus on developing and expanding upon W&W’s already impressive achievements is in the best interests of the Group.