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Search Our Archive of Gaming Articles Share Capital Doubles

22 June 2005

VIENNA, Austria – (PRESS RELEASE) -- As already announced on 15 June 2005, the share capital of Interactive Entertainment AG will be doubled with effect from today's date as a result of a capital adjustment (transfer of reserves to share capital). As a result, a total of 24,586,652 ordinary shares in the company will now be listed on the Vienna Stock Exchange (previously 12,293,326 shares).

With effect from commencement of trading, the price of betandwin shares will be reduced to half its previous level due to this capital adjustment, increasing the tradability of betandwin shares in the interests of small shareholders.

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