Details of this partner will be announced in due course. FL Group has investments in a variety of sectors including financial services, airlines, bottling and brewery and retail, including Bang & Olufsen, AMR (the parent company of American Airlines), Glitnir, Refresco and Royal Unibrew . Inspired has raised approximately £15.3m before expenses through a subscription for 6,371,667 new ordinary shares of 1p each (“Subscription Shares”) at 240.5 pence per Subscription Share by FL Group. The Subscription Shares represent approximately 10 per cent of the Inspired’s existing issued ordinary share capital. “The proceeds of the subscription will provide Inspired with increased financial flexibility to pursue organic growth and potential bolt-on acquisitions. Inspired is seeing strong demand for its products by customers both in the UK and overseas. The recent announcement of a three-year exclusive supply contract with Betfred to provide fixed-odds betting terminals and the global agreement announced last month are two such examples,” said a company release. “The Directors also wish to ensure that Inspired can act quickly to take advantage of gaming deregulation in a number of territories. The Directors therefore believe that the investment by FL Group at the prevailing market price is in the best interests of the company and its shareholders as a whole,” it continued. Commenting, Luke Alvarez, co-CEO of Inspired Gaming Group, said: “We are delighted that FL Group has decided to invest in Inspired and that we have been successful in further extending the reach of our SBG platform. Whilst the new agreement will not have a significant impact on the financial result for the year ended 30 September 2007, both announcements provide a strong endorsement of our strategy. SBG incomes continue to grow strongly and the Directors remain confident about the prospects of the Company.” Commenting on the investment, Adam Shaw from FL Group, added: “We are excited by our investment in Inspired. We believe the market for Inspired’s products and technology is significant and we fully support the Directors’ strategy for realising the Company’s potential.” The subscription arrangements remain conditional on the Subscription Shares being admitted to trading on AiM for which application has been made.

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