SWISS INVESTOR HAS FAITH IN L&G

26 October 2007

Neil Craven increases his stake in online gambling group to 6.38 percent

The shrewd Swiss private investor Neil Craven has lifted his stake in the AIM listed online gambling and betshop company Leisure and Gaming to 5.42 million shares or about 6.38 percent, up from 5.73 percent, according to stock exchange notices filed by the firm.

Craven, who had a 3.1 percent stake in December 2006, has been gradually increasing his shareholding in the company.

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