Statement re Suspension

EMBARGOED FOR RELEASE

07:01, 1 December 2004

                     ANNOUNCEMENT RE SUSPENSION OF SHARES                      

                                      AND                                      

                  UPDATE ON STRATEGIC REVIEW AND FUNDRAISING                   

The Board of betinternet.com plc ('betinternet' or 'the Company') announces
that the strategic review and fundraising, of which shareholders were updated
in an announcement on 19 October 2004, is nearing completion and it is
anticipated that this will be finalised and details set out in a circular to
shareholders before the end of December 2004.

As announced in yesterday's preliminary results announcement, the publication
of the Company's Report and Accounts has been delayed pending the completion of
the fundraising, subject to shareholder approval. As a result of this delay in
the publication of the Report and Accounts beyond six months after the
financial year end, the Company's shares have been subject to a technical
suspension.

The Board expects that the Report and Accounts will be posted to shareholders
before 31 December 2004 at which time the suspension of the Company's shares
will be removed and dealings restored.

                                     ENDS                                      

For further information:

betinternet.com plc Tel: [phone]

Paul Doona, Managing Director

Waughton Tel: [phone]

Robin Hepburn