Worldlink Directors seems to pull a rabbit out of the hat – again!

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The after hours announcements are coming thick and fast today!

Company Update    

The Board of Worldlink Group Plc (“Worldlink” or the “Company”) wishes to

announce the following updates on the Company’s financial position:

Going Concern update

The Board wishes to announce that the Company is in negotiation with a funder

who will provide sufficient funds to the Company to allow it to continue as a

going concern until such time as the Company is generating its own funds via

its various agreements with parties within the sports betting and gaming

industries.

Further details will be announced once an agreement is finalised.

Update on Financial Statements

The Board confirms that the audit of the Company’s accounts for the period

ended 29 February 2012 is in the final stages of completion. The audit has been

held up whilst the Board negotiates the Company’s funding and going concern

situation. The Board hopes to be able to announce the final results to 29

February 2012 by the end of October, following final funding terms being

agreed.

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