Spreadbetting At WorldSpreads

Press Releases

Trading update for the six months ending 30 September 2008


The Board of WorldSpreads Group plc (“WorldSpreads” or “the Company”) is pleased to provide the following trading update for the six month period ending September 30th 2008.

Trading activity has continued to accelerate since the Company’s year end in March, led by strong new client acquisitions and increased revenues and supported by the continued volatility in markets generally, an historically favourable backdrop for the spread betting industry.

The Board is pleased that its policy of geographic and client diversification contributes greatly to the stability of its revenue stream. The Company’s customer base is comprised, almost exclusively, of small to medium sized clients and extends over a wide professional spectrum.

Allied to this, the Company has seen an impressive performance from its international division in the period (which currently represents circa 20% of Group revenue) . The Company’s trading platform www.worldspreads.com is now available in eight languages and the upgraded customer interface was successfully rolled out on time and within budget.

The Board is confident that the Company will meet or exceed the challenging targets that it has set for the current financial year. The Directors expect that the recent ban on short selling financial shares is not expected to have a material effect on the Group’s profits going forward. The Directors therefore look to the future with confidence. The Company expects to release its interim report on 29th October 2008.

For further information, please contact:

WorldSpreads Group plc
Niall O’Kelly, Chief Financial Officer
+353 (0)1 863 8888/+44 (0)20 7291 9180

Collins Stewart Europe Limited
Mark Connelly, Corporate Finance
+44 (0)20 7523 8350

Bloxham
Peter O’Carroll
+353 (0)1 611 9200