CentSports Management Change

We are working to make significant improvements to CentSports, including:

Improving our customer service responsiveness;

Implementing Version 2 of the site;

Improving the user experience and community aspect;

Launching CentSports Mobile for optional phone notification of bet results;

Increasing our advertising revenue so we can increase cash-outs.

We are also searching for a cost-effective way to make cash-out payments to users outside of the US and Canada.

As we pass our first anniversary in October, it is time to focus our team members where their skills can be best utilized to take CentSports through the second year of its life. We are pleased to announce the following changes.

Victor is focusing on working with a number of our key advertisers and assisting with CentSports content and technical support. He is also working on creating new sites and experiences.

Wil Schobeiri, our Chief Technology Officer, is taking over the responsibilities of CentSports Site Manager from Victor. Wil now has the primary responsibility for all aspects of the development and operation of the CentSports.com.

Wil has done the development of CentSports Version 2, which has been a major task and will soon be implemented. He has a wealth of experience in managing and supporting online services and we are sure you will progressively see the fruits of his efforts over the coming months.

All of us on the CentSports Team are committed to providing you with the best possible free sports betting site on the planet. Thanks for using CentSports and best of luck with your bets!

Phil Heenan Victor Palmer

Chairman and CEO Founder

CentSports, Inc. CentSports, Inc.

24th October 2008