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Search Our Archive of Gaming Articles Board Chair Resigns

16 September 2004

VIENNA, Austria – (PRESS RELEASE) -- As announced at the Annual General Meeting on 14 May 2004, Michael Tojner has resigned as Chairman of the Supervisory Board of Interactive Entertainment AG after Global Equity Partners sold a total of around 1.5 million betandwin shares, leaving it with less than 1.0 million shares, or less than 10+ACU- of the company.

At the Supervisory Board meeting on 15 September 2004, the position of Supervisory Board Chairman was assumed by Hannes Androsch, who holds more than 10+ACU- of the company's shares through foundations and personal portfolios. In the future Michael Tojner will act as Vice-Chairman of the Supervisory Board.

betandwin group, the leading provider of online gaming products in Continental Europe, has set itself the goal of becoming the world's number oneaddress for sports betting, gaming and entertainment on the Internet. Operating under licences issued in Austria, Germany, the United Kingdom and Gibraltar, the company's subsidiaries and affiliated companies offer sports betting, casino games and lottery-like products via Internet and mobil phone. Interactive Entertainment AG has been listed on the Vienna Stock Exchange since March 2000 (ID code +ACI-BWIN+ACI-, Reuters ID code +ACI-BWIN.VI+ACI-). Further information about the company can be found on its investor relations website at

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