Chariot (UK) PLC 06 February 2006 CHARIOT (UK) PLC ADMISSION TO AIM COMMENCEMENT OF DEALING IN SHARES Chariot (UK) plc ('Chariot' or the 'Company'), a new venture which intends to retail lottery tickets on behalf of charities, is pleased to announce that dealings have today commenced in its shares following its admission to AIM, a market operated by the London Stock Exchange. Unconditional dealings in Chariot's ordinary shares will commence at 8.00am this morning under the ticker symbol CRT. Prior to, and conditional upon admission, the Company raised £9.6 million (gross), through a placing of 8,350,000 new ordinary shares of 1p each at 115p per share. Following the placing Chariot has 15,964,250 shares in issue and an approximate market capitalisation of £18 million at the placing price. Noble & Company Limited is acting as the Company's broker and nominated advisor. Proceeds from the placing will be used to fund the Company's working capital requirements and the marketing and promotion costs associated with the launch of the venture, which is expected to take place during the first half of 2006. Commenting on the announcement, Craig Freeman, Managing Director of Chariot, said: 'We are pleased to have successfully completed our flotation. The funds raised will provide us with a strong platform upon which to launch our game in 2006 and we look forward to delivering a new and exciting lottery for the benefit of players and charity partners alike'. - ends - For further information contact: Peter Otero, Bell Pottinger Corporate & Financial: 020 7861 3232 Nick Naylor, Noble & Company Ltd: 020 7763 2200 Notes to Editors - Chariot was founded in April 2003 with the aim of increasing the percentage contribution, per ticket sold, to registered charities relative to the Company's main potential competitor, The National Lottery. Chariot will allow the lottery players to choose the registered charity benefiting from their lottery ticket purchases - Chariot is developing its lottery concept into a business model that will be run under 'society lottery' rules - Players are expected to play the game primarily through the internet.Other methods of playing will be via phone and post - To date, over 50 charities have signed contractually binding agreements to participate - The Board has extensive experience of operating lotteries as well as expertise in the gaming and charity sectors. Craig Freeman, Managing Director of Chariot, has start-up experience in the Australian media sector. Tim Holley, Chairman of Chariot, has been actively involved in a number of lottery projects around the world. Noble & Company Limited which is authorised and regulated by the Financial Services Authority, is acting for the Company only and will not be responsible to any other person for providing the protections afforded to the clients of Noble & Company Limited or for advising such person on the matters referred to in this announcement. This press release, for which the directors of Chariot are solely responsible, has been approved by Noble & Company Limited solely for the purposes of section 21 of the Financial Services & Markets Act 2000. No offer or invitation to purchase shares is being made at this time. This information is provided by RNS The company news service from the London Stock Exchange