PRESS RELEASE

VOLUME OF SIX NATIONS TICKETS ON SECONDARY MARKET INCREASES; PRICES DECREASE

18 March 2008 – Seatwave.com, the UK's largest online fan-to-fan ticket exchange, has today released new figures which indicate that the volume of tickets for this year’s RBS Six Nations sold on its site increased by 556 per cent, and the average ticket price decreased by 35 per cent, compared to the 2007 competition.

This finding represents a significant shift in thinking about secondary ticketing and supports the argument that a free and open secondary market will ultimately drive down prices.

Joe Cohen, founder and CEO of Seatwave commented: “It is notoriously difficult to get hold of tickets to Six Nations games. The majority of tickets are allocated to debenture holders and rugby clubs with very few released for public sale – especially for the key ‘old enemy’ matches which are the most popular fixtures.”

This year’s most popular match, according to the number of tickets sold on Seatwave, was England’s game against France – a fixture that was one of the highlights of the tournament for a poor English side. The number of tickets for this match sold on Seatwave rose 253% per cent from 2007 and the average price fell 43 per cent from £230 to £129.

Commenting further Cohen said: “This year’s Six Nations has shown that a transparent and fair secondary ticket market is in the interest of all fans, with more tickets available at lower prices than ever before. Ticket resale is here to stay and increased restriction and regulation will only force the market underground, exposing consumers to unnecessary cost and risk, whereas it’s now clear that an open market increases availability and affordability of much have tickets.”

- Ends -

For further information please contact

Verity Williams or Katie Thompson
Portland PR
T. 020 7404 5344
E. /

About Seatwave
Seatwave is the UK's largest fan-to-fan ticket exchange. Seatwave was launched in February 2007 by Joe Cohen, ex Ticketmaster and ex match.com, and early stage Venture Capital firm, Atlas Venture. It has more than 400,000 tickets on sale at any one time, 20 times more than eBay. Seatwave guarantees that tickets come only from legitimate sources and will represent them accurately and honestly. All tickets include 'TicketCover™' free of charge, providing a 100% money-back guarantee for event cancellation and a number of other possible misfortunes. The company is based in London. www.seatwave.com

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