TES Thames Water 26

RNS Number:5628Y
TradingSports Exchange Systems PLC
12 May 2004


For Immediate Release                                   Wednesday, 12  May 2004

                       TradingSports Exchange Systems plc
                                        
                             Resignation of Director


The Board of TradingSports Exchange Systems plc ("TradingSports" or the
"Company") today announces that Kenneth Mulvany will step down from the Board
with immediate effect.


Andrew Tottenham, the Company's Chairman, commented:


"On behalf of the Board, I would like to thank Kenneth for his considerable
contribution to TradingSports, particularly in preparing the company for its
flotation last year and in its first year as a quoted company."


Kenneth Mulvany commented:


"My role at TradingSports was to guide the Company on its flotation and
executing on its business model. Following the significant progress which the
Company has made since flotation, as well as the strengthening of the Board, I
am now able to pursue other opportunities within the biomedical industry. I wish
TradingSports a successful future in what is a rapidly growing industry."


For further information:

TradingSports Exchange Systems plc                      Tel: 020 8780 6000
Joe Tighe, Chairman and Chief Executive
Mark Banwell, Director of Investor Relations

Evolution Beeson Gregory Limited                        Tel: 020 7071 4300
Michael Brennan / Jeremy Ellis

Buchanan Communications                                 Tel: 020 7466 5000
Bobby Morse / James Strong



Background Information

TradingSports, which floated on the London Stock Exchange's AIM in May 2003, 
enables its customers to enter the P2P betting market without the substantial 
investment of building, developing and maintaining their own P2P exchange 
systems. Aimed at the business-to-business market, TradingSports acts as an 
aggregator of liquidity from different sports and financial betting companies, 
enabling them to benefit from TradingSports' global pool of P2P bettors.






                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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