Repurchase of Ordinary Shares

3rd February 2012

Betfair Group plc

REPURCHASE OF ORDINARY SHARES

PURCHASE OF SHARES

Betfair Group plc (the "Company") announces that in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 22nd September 2011 it purchased 37,000 of its Ordinary shares of 0.1 pence each ("shares") on 3rd February 2012 for cancellation.

The average price paid per share was 881.01 pence per share.

The highest price paid per share was 888.00 pence per share.

The lowest price paid per share was 875.00 pence per share.

To date 4,512,992 shares have been repurchased under this authority.

Following the above transaction the Company has 104,025,511 shares in issue. This number represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Services Authority's Disclosure and Transparency Rules.

PURCHASE OF SHARES DURING CLOSE PERIOD

The Company has entered into an irrevocable arrangement with Morgan Stanley Securities Limited ("Morgan Stanley"), to continue the repurchase of Ordinary Shares previously announced on 29 June 2011 during the Company's close period. The arrangement allows Morgan Stanley to purchase, independently of and uninfluenced by the Company, up to £7,000,000 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 Q3 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 Morgan Stanley 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 enquiries: Martin Cruddace (Company Secretary) on +44 20 8834 8000