Press Release

At the Ernst & Young Entrepreneur of the Year Awards in London on Tuesday 6th October Betfair co-founders Edward Wray and Andrew Black were named the UK's Media, Entertainment & Communications Entrepreneurs of the Year for 2009.

The Ernst & Young award is one of the most prestigious business awards in the UK, and indeed around the world.

It adds to the Emerging Entrepreneurs of the Year Award they won in 2002.

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About Betfair: (www.betfair.com)
Betfair is the world's biggest online betting community and pioneered the first successful betting exchange in 2000. Driven by cutting-edge technology, Betfair enables customers to choose their own odds and bet even after the event has started. The company now processes over six million transactions a day from its two million registered customers around the world. In addition to sports betting, Betfair offers a portfolio of innovative products including casino, exchange games and poker.

Betfair has twice been named the UK's ‘Company of the Year' by the Confederation of British Industry and remains one of the only betting companies to win a Queen's Award for Enterprise, being recognised for Innovation in 2003 and most recently for International Trade in 2008.

Betfair currently employs over 1,500 people, principally in London, Malta and Tasmania. The company is a licensed betting operator in the UK, and holds licenses in Australia, Germany, Austria, Italy and Malta.

For a full list of the awards won by Betfair please visit Betfair's corporate website:
http://corporate.betfair.com/home.html