Committees

The Board has established a number of Committees, each of which has detailed terms of reference. The three principle committees are the Audit, Remuneration and Nomination Committees. The Audit and the Remuneration Committees comprise only independent Non-Executive Directors.

Audit Committee

Chairman:	David Cowham

Members:	John Blower Alexander von Franckenstein

The Committee is responsible for the monitoring and oversight of the Group's internal audit processes, its external auditors and the Group's financial statements.

Remuneration Committee

Chairman:	David Cowham

Members:	John Blower Alexander von Franckenstein

The Remuneration Committee meets to considers the terms of employment and overall remuneration for the Executive Directors and key members of senior management. The remuneration of Non-Executive Directors is determined by the Board.

Remuneration Policy

The Company's policy is designed to attract, retain and motivate individuals to ensure the success of the Company. Remuneration packages are designed to reward the Executive Directors fairly for their contributions whilst remaining within the range of benefits offered by similar companies in the sector. The Remuneration Committee seeks to structure total benefits packages, including base salaries, which align the interests of shareholders and senior executives with particular importance weighted upon the performance-related elements of such total remuneration.

Nomination Committee

The Board

The Committee is responsible for monitoring and formally reviewing the performance, composition, balance and expertise of the Board as a whole. The Committee also considers succession planning for the Board and Group senior management.

Our Board

The Board bring a unique combination of skills and capabilities to the market, with vast experience in the gaming sector. The principal directors of the company have been responsible for the setting up, growth and listing of major betting companies and have considerable expertise in internet gaming, telephone betting, retail bookmaking and lottery operations.