PARBET LTD. ANNOUNCES LAUNCH OF AMERICAS" WEBSITE

Parbet Ltd. announces the recent launch of a dedicated website for the North and South American players. The website, operating under the general Parbet.com logo will be effective as of September 1, 2003 and will focus on providing their global clientele and audience the opportunity for betting on all major sporting events from North America. The new entity is set to establish a significant presence in the United States and Canada prior to the 2003 football season and 2004 Olympic Games through strategic partnerships with major media companies

Parbet Ltd. announces the recent launch of a dedicated website for the North and South American players. The website, operating under the general Parbet.com logo will be effective as of September 1, 2003 and will focus on providing their global clientele and audience the opportunity for betting on all major sporting events from North America. The new entity is set to establish a significant presence in the United States and Canada prior to the 2003 football season and 2004 Olympic Games through strategic partnerships with major media companies.

Edward Ihre, Chief Executive Officer of Parbet Ltd. and Parbet.com commented: "The launch of this new website and our companys newly established office in Canada provides us with a great opportunity to develop the world's preferred site for gaming entertainment and to have a significant advantage over our competitors in the North American marketplace. The combination of excellent software and global sporting events permits us to offer the bettor the best commissions and most options for North American sports on the net. This new venture allows us to offer the North American player the most secure and legal place to play without a doubt. Our UK license and expertise, partnered with our companys outstanding relationships in the sports betting community positions this new venture at the pinnacle of the future of online betting exchanges.''
Simultaneously, Parbet also launched Over/Under and Handicap to their markets. Customers will find Over/Under-markets for all top soccer-leagues in Europe as well as US Sports. Handicap-markets will be offered whenever the market finds it applicable.

Parbet has also made some slight changes on their site in order for customers to more easily navigate through the ever-expanding markets and bet types on Parbet.