“SEATWAVE APPOINTS RICHARD HURD-WOOD AS CHIEF OPERATING OFFICER AND UK MANAGING DIRECTOR”

LONDON, ENG (Seatwave) August 8, 2008 – Seatwave, Europe’s largest fan-to-fan ticket exchange, announces that it has appointed Richard Hurd-Wood as Chief Operating Officer, and UK Managing Director, reporting directly into Founder and CEO of Seatwave, Joe Cohen. The appointment takes place with immediate effect.

In his new position, Richard will have responsibility for Operations, Product and Technology at Seatwave, in addition to taking over direct report for the UK Profit & Loss Account.

Richard has spent the past six years at Camelot (the National Lottery), where he built and led their successful online business and subsequently led the successful bid for Camelot’s third National Lottery License. He has previously held roles at Dell, AOL and several other leading consumer technology companies.

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Richard Hurd-Wood said:

“Seatwave has put in place an innovative and internationally popular ticketing alterative that has achieved significant growth across all its business areas. I look forward to working closely with them to ensure we continue to deliver on that and more.”

Commenting on this appointment, Joe Cohen, Founder and Chief Executive of Seatwave, said:

“Richard is an accomplished leader who has demonstrated an ability to grow large consumer businesses in complex industries. He joins us at a critical stage in our development as Seatwave moves towards becoming a mainstream service for consumers across Europe.

Richard’s experience in building platforms at Camelot and Dell will help guide our objective of offering piece of mind and a true marketplace for millions of fans seeking to buy and sell event tickets.”