Sale of licence for Greece

RNS Number:8856G
Bartercard plc
28 July 2006

Bartercard Plc
("Bartercard" or "the Company")


Sale of licence for Greece

Bartercard has sold the licence for Greece. The licence was sold for Euro550,000
cash to a partnership including a Bartercard member from Australia.

Bartercard already has licences operating in Cyprus and Turkey, nearby.

Training for the foundation management team for this new licence and
commencement of operations is expected within the next 6 months.

Wayne Sharpe, Chairman of Bartercard, commented:

"This brings the total licence sales since 31 March to almost US#2.4m, which is
an increase of almost 150% on the last financial year (US$1M). Since March,
licences have been sold in Saudi Arabia, Syria and Ireland."





                                                                    28 July 2006



Enquiries


Bartercard plc
Wayne Sharpe, Executive Chairman              07909 975488

College Hill                                  020 7457 2020
Richard Pearson




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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