London Capital Group:

London Capital Group Holdings PLC
29 October 2007

29 October 2007

London Capital Group Holdings plc

Betfair White Label Agreement

London Capital Group Holdings plc (the “Company”), the financial services and
online spread betting company, is pleased to announce that it has reached an
agreement with Betfair, the revolutionary egaming operator, to provide it with
the Company’s white label spread betting product.

Betfair is the world’s leading online betting exchange, a concept it has
pioneered. Driven by cutting-edge technology, Betfair enables its customers to
choose their own odds and bet against each other, even after an event has
started. Betfair processes five million transactions a day and more than 300
bets a second.

For further information, please contact: www.londoncapitalgroup.com
—————————–

London Capital Group Holdings plc Tel. 020 7456 7001
Frank Chapman, Chief Executive Officer

Smithfield Consultants Tel. 020 7360 4900
George Hudson / Tom Hardman

Cenkos Securities plc Tel. 020 7397 8924
Ian Soanes

Notes to Editors:

London Capital Group Holdings plc

London Capital Group Holdings plc (“LCG”) is a rapidly growing financial
services company offering online trading services. Its core activity is the
provision of spread betting products on the financial markets to retail clients
under the trading name Capital Spreads. Its other divisions provide online
foreign exchange trading services to institutional and intermediate clients
under the Capital Forex brand and institutional derivatives broking under the
name Capital Derivatives.

London Capital Group Limited, a wholly-owned trading subsidiary of LCG, is
regulated and authorised by the Financial Services Authority. It has a European
passport and is a member of the London Stock Exchange, Liffe, Eurex and
Euronext, giving it direct access to all European markets. London Capital Group
Limited also has access to international markets through its global clearing
relationships.

LCG floated on the London Stock Exchange’s AIM market in December 2005, is
included in the General Financial sector (8770) and Speciality Finance sub
sector (8775) and has a RIC code of LCG.L.

UPDATE: Bookmakers Review explains what it all means.

[...] Stockbroker Cenkos said there is every reason to believe that Betfair intends to use a third party provider to establish its financial betting product to later convert to its own platform, like it did with poker moving from CryptoLogic to an in-house product. London Capital Group has another white label agreemnet with Irish bookmakers Paddy Power tu run Paddy Power Trader. Other operators in the financial spread betting sector include Capital Spreads, City Index and World Spreads.