CORRECTION: 24hPoker begins cooperation with Betdaq


Solna, Sweden (10 October 2007). 24hPoker has signed an agreement
with the Irish online gaming operator Betdaq, which operates a world
leading betting exchange. The agreement will see Betdaq launching a
new poker product on 24hPoker's poker network. Betdaq will commence
cooperation with 24hPoker in targeting and attracting new
international partners to the 24hPoker network. As part of the
agreement Betdaq, which is owned by Irish businessman Dermot Desmond,
will receive an option to acquire 125 million B shares in 24hPoker
Holding AB.

Betdaq is one of the World's leading betting exchanges which matches
in excess of € 300 million in sports bets monthly and is part of the
Global Betting Exchange network."Our agreement with Betdaq gives us strategic and financial
advantages that benefit the company and its shareholders. We become
affiliated with a strong partner in the gaming business and can
benefit from their international connections and experience. I am
convinced that this kind of strategic alliance strengthens 24hPoker's
position in the international gaming market and this will add to our
efforts to turn 24hPoker back in to a profitable company," says Peter
Åström, CEO 24hPoker Holding AB.

The option's duration is for two years and the exercise price is set
to 0.42 SEK pro share. The option agreement is under the condition
that Betdaq stays in 24hPoker's network for an agreed period of time.
 Under certain circumstances in order to protect the strategic
interest of 24hPoker, Betdaq may be complied to convert the option at
shorter notice, or the option will lapse. 24hPoker will summon a
general meeting of shareholders to decide on issuing the share
options.


For more information, please contact:
Peter Åström, CEO, 24hPoker, +46 73 600 85 01
Pia Rosin, Corporate Communications Director, 24hPoker, +46 70 753 22
46
Brian O'Sullivan, CEO Betdaq, +353 878 116 728


About 24hPoker
24hPoker Holding AB is a Swedish gaming group that develops
proprietary software systems for online gaming operations through its
subsidiaries 24hPoker AB and B2B Poker AB and operates one of the
world's largest poker networks, 24hNetwork. 24hPoker launched online
poker in 2001 and conducts gaming operations via foreign
subsidiaries. The Group also sells and develops turnkey gaming
platforms for players that want to conduct gaming operations under
their own brand via 24hNetwork.
www.24hpoker.se

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