Purchases of shares during close period

BETFAIR GROUP PLC - PURCHASES OF SHARES DURING CLOSE PERIOD

Betfair Group plc (the "Company") announces that it has entered into an irrevocable arrangement with Barclays Bank PLC, acting through its investment banking division Barclays Capital ("Barclays Capital"), to continue the repurchase of Ordinary Shares, previously announced on 29 June 2011, during the Company's close period. The arrangement allows Barclays Capital to purchase, independently of and uninfluenced by the Company, up to £4,000,000 of ordinary shares in the Company during the close period of the Company arising between the date hereof and the date of the announcement of the Company's 2012 Q1 results. These share purchases will be made on the Company's behalf and in accordance with the arrangement.

Any share purchases effected pursuant to the arrangement will be subject to the terms of the arrangement with Barclays Capital and in any case will be effected in a manner consistent with both the general authority vested in the Company to repurchase shares and Chapter 12 of the United Kingdom Listing Rules, which require that the maximum price paid be limited to be no more than the higher of (i) 105 per cent of the average middle market closing price of the Company's ordinary shares for the five dealing days preceding the date of purchase and (ii) the higher of the price of the last independent trade and the highest current independent bid on the trading venues where the purchase is carried out.

Further information on the Company can be found on our Internet site: http://corporate.betfair.com.