Sportech PLC

("Sportech")

The Football Pools - Termination of discussions

The Board of Sportech announces that discussions with Burlywood Capital LLP ("Burlywood") regarding the proposed £97.25m sale of The Football Pools have now terminated.

Ian Penrose, Chief Executive, commented:

"Burlywood was unable to conclude the transaction set out within their proposal which we announced in September. The Football Pools is a valuable asset which has been transformed following a lengthy modernisation programme. We will continue to focus on maximising opportunities for the business."

This announcement contains inside information.

For further information, please contact:

Sportech PLC                                                                                   020 7268 2400

Ian Penrose, Chief Executive

Mickey Kalifa, Chief Financial Officer

Investec Bank PLC                                                                          020 7597 5970

Chris Treneman (Corporate Finance)

James Rudd (Corporate Finance)

Patrick Robb (Corporate Broking)

Henry Reast (Corporate Broking) 

Brunswick Group LLP                                                                     020 7404 5959

Mike Smith

Stuart Donnelly

sportech@brunswickgroup.com

Forward-looking statements

Certain statements in this announcement are, or may be deemed to be, "forward-looking statements". These statements are based on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements.

Forward-looking statements include statements typically containing words such as "plans", "expects", "is expected", "is subject to", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", "targets", "aims", "projects" or words or terms of similar substance or the negative of those terms, as well as variations of such words and phrases, or statements that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Although Sportech PLC believes that the expectations reflected in such forward-looking statements are reasonable, neither Sportech PLC nor any of its directors, officers or advisers, provides any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forward looking statements in this announcement will actually occur.

By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. These factors include: general business and economic conditions globally, industry trends, changes in consumer habits and preferences, competition, changes in government and other regulation (including licensing) and policy, including in relation to the environment, health and safety and taxation, labour relations and work stoppages, interest rates and currency fluctuations, changes in its business strategy, the outcome of any litigation, IT system and technology failures, political and economic uncertainty, and other factors, many of which are beyond Sportech PLC's control. If any one or more of these risks or uncertainties materialises, or if any one or more of the assumptions prove incorrect, actual results may differ materially from those expected, estimated or projected. Such forward-looking statements should therefore be construed in the light of such factors.

Given these risks and uncertainties, investors should not place any undue reliance on these forward-looking statements, which speak only as of the date hereof. Other than in accordance with its legal or regulatory obligations (including under the Listing Rules and the Disclosure Guidance and Transparency Rules), Sportech PLC is not under any obligation and expressly disclaims any intention or obligation to update such statements, whether as a result of new information, future events or otherwise.