Re Agreement

RNS Number:4165B
Sportscard Group PLC
02 April 2001



       SPORTSCARD GROUP TEES UP WITH GOLF NETWORK
               TO TARGET GOLF ENTHUSIASTS


* Three year marketing partnership signed with Golf
  Network Ltd, the specialist UK golf marketing company.

* Opportunity for Sportscard to market a co-branded
  credit card to 750,000 golfing enthusiasts before the
  end of 2002.

* Sportscard cardholders to receive 2 for 1 green fees at
  over 500 UK golf courses.

Ahead   of   this  week's  US  Masters  golf  tournament,
Sportscard Group plc ("the Company" or "Sportscard"), the
UK  rewards-based credit card company, announces that  it
has  signed a three year partnership agreement with  Golf
Network   Ltd  ("Golf  Network").   The  deal  will   see
Sportscard  gain  access  to  a  significant  number   of
potential  new  cardholders, as well as  enabling  it  to
provide exciting new benefits to cardholders.

Sportscard  will  market  its credit  card  to  the  Golf
Network's  database  of members,  currently  a  total  of
412,000 golfing enthusiasts but expected to reach 750,000
by  the  end  of  next year. The Company, whose  endorsed
marketing campaigns have previously enjoyed success rates
over  double  the  industry average,  sees  the  deal  as
another  significant step towards achieving its  goal  of
having  500,000  active cardholders over  the  next  five
years.

As  part of the agreement, Sportscard will also have  the
opportunity  to market their unique rewards-based  credit
card   proposition  via  Golf  Network's   magazine   and
promotional  material.  This will  include  special  golf
events  throughout the UK. The two companies have  agreed
to market a unique national programme allowing Sportscard
holders to receive 'two for the price of one' green  fees
at over 500 golf courses across the UK.

A further benefit to Sportscard holders will be access to
free tickets for a number of leading golf tournaments and
functions,  including the Ryder Cup and  Victor  Chandler
British  Masters. Sportscard cardholders will be able  to
exchange  their "Sports Points", earned when spending  on
their card, for these exclusive tickets.  Sportscard also
offers  its  cardholders "hard  to  find"  tickets  to  a
variety  of other high profile sporting events including,
rugby   internationals  at  Twickenham,  Premier   League
football  matches and Wimbledon Tennis.  Cardholders  can
also  use their "Sports Points" to pay for any UK  sports
club   membership  fees  and  in-club  expenses,   sports
merchandise and overseas tours packages to sports  events
including the US Masters golf tournament.

Sportscard, which is partnered by Capital One  Bank,  the
sixth  largest  credit card operator in the  US,  receive
revenue  from new card subscriptions and a proportion  of
both  the amount spent on the card and net interest  paid
by  cardholders.  The  agreement with  Capital  One  also
provides Sportscard with increasing royalty levels as the
number of accounts grow.


David  Banford,  Chief  Executive, Sportscard  Group  plc
said:

"We are committed to establishing Sportscard as a leading
lifestyle  credit card brand, by widening  the  range  of
sports and fitness enthusiasts we target.  Golf is one of
the   most  popular  sports  in  this  country  and   our
penetration of this important sporting community is a key
to our continued success.

"Our  decision to partner with Golf Network will  provide
us  with unique access to golfing enthusiasts across  the
UK.  The exciting new benefits this partnership brings to
our  cardholders, confirms the depth and strength of  our
rewards  based  offering. For the  golf  enthusiast,  the
football and rugby supporter, the health and fitness fan,
Sportscard is the only credit card that offers  them  the
rewards specifically suited to their lifestyle."



ENQUIRIES:

Sportscard Group plc                    020 7925 2500
David Banford, Chief Executive

Bell Pottinger Financial                020 7353 9203
Rebecca Fox/Oliver Jones


Notes to Editors

* Sportscard Group plc, the UK credit card company,
  listed on the Alternative Investment Market (AIM) on 9
  October 2000.

* The Sportscard credit card is a rewards-based credit
  card and is targeted at sports enthusiasts, whom the
  Company attracts by offering a range of sporting
  rewards and benefits.

* The Company currently has over 14,000 active holders of
  Sportscards. Future marketing initiatives are planned
  by the Company with the objective of increasing the
  Sportscard cardholder base to 500,000 active
  cardholders over the next five years.

* The Company announced in March 2001 that it had signed
  further partnership agreements with The Telegraph Group
  and Cannons.  Both agreements include the development
  of a co-branded Sportscard and give the company access
  to a total database of over 1.6 million potential
  cardholders.  The agreement with the Telegraph Group
  means that Sportscard will be the official, exclusive
  sponsors of the newspapers Fantasy Cricket and Fantasy
  Football League.

* Sportscard Group plc is also targeting rugby
  enthusiasts. The company announced in December that it
  has signed a three year partnership agreement with
  Premier Rugby, the marketing and commercial arm of
  English First Division Rugby representing the 12
  English Rugby union clubs that play in The Zurich
  Premiership.  The deal has provided the Company with an
  additional dedicated marketing database of up to
  250,000 sports enthusiasts.  Last month the company
  signed a further agreement with Barbarians Rugby Club,
  making Sportscard the official sponsor of the clubs
  forthcoming tour matches.