PRESS RELEASE

BRITISH SUCCESS STORY LAUNCHES ACROSS EUROPE

Seatwave.com, the UK’s largest ticket exchange launches in Germany, Netherlands, Italy and Spain

London, 06 January 2008, Seatwave.com, the UK’s largest online fan-to-fan ticket exchange has today announced its launch in Germany, The Netherlands, Italy and Spain. This brings Seatwave’s total reach to five countries with the online ticket exchange already well-established in the UK.

Seatwave’s European expansion illustrates the London based company’s exceptional growth since it launched in February 2007. With more than 500,000 tickets on sale for concerts, sports matches and theatre performances at any one time (25 times more than eBay), Seatwave offers European consumers the widest choice of tickets in the secondary market.

Joe Cohen, CEO of Seatwave.com said “This is a very exciting time for Seatwave, with our fifth launch in less than a year. Seatwave is pioneering this business model across the continent and we are delighted to offer our services to consumers throughout Germany, The Netherlands, Italy and Spain”.

Seatwave’s success across Europe demonstrates the phenomenal demand from fans for a safe and secure way to buy and sell tickets to events.

Seatwave’s successful year has culminated in a recent partnership with online giant MSN, one of the world’s largest internet publishers. The ticket exchange is integrated into MSN’s Entertainment and Music channel enabling fans to buy and sell concert, theatre and sports tickets directly through the internet portal.

Seatwave’s fast growing business highlights the increasing number of fans buying and selling tickets through online ticket exchanges. Seatwave is leading the global ticketing industry in offering its unparalleled consumer protection package through TicketintegrityTM and TicketcoverTM. TicketintegrityTM guarantees that buyers will receive exactly the tickets they ordered and will receive them in good time for the event: if they don’t Seatwave will refund 150% of what was paid. TicketcoverTM provides for a full refund if an event is cancelled and even covers buyers for a range of circumstances that may prevent them from attending their performance.

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For further information please contact

Louise Rutter
Portland
T. 020 7404 5344
E.

About Seatwave
Seatwave is the UK’s largest fan-to-fan ticket exchange, an online marketplace for buying and selling tickets for theatre, sports, music and other live events. The company was launched in February 2007 by Joe Cohen, ex Ticketmaster and ex match.com and early stage Venture Capital firm, Atlas Venture. Seatwave has more than 500,000 tickets on sale at any one time, 25 times more than eBay.

Seatwave guarantees that tickets come only from legitimate sources and will represent them accurately and honestly. Seatwave operates two types of customer protection. Ticketintegrity™ guarantees that buyers will receive the tickets they ordered and in good time for the event. If not Seatwave refunds 150% of what was paid. All tickets bought on Seatwave are also covered by Ticketcover™ This provides for a full refund if an event is cancelled and even covers buyers for a range of circumstances that may prevent them from attending their performance. The company is based in London. www.seatwave.com

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