12 September 2017

Paddy Power Betfair plc (the "Company")

Conversion Rate for 2017 Interim Dividend

Further to the announcement of the results of the Company for the six-months ended 30 June 2017 released on 8 August 2017, the Company has determined that the exchange rate to be applied to its 2017 Interim Dividend is £1:€1.10162, being the exchange rate as disclosed by the Central Bank of Ireland at the close of business on 11 September 2017. 

Accordingly, the Euro equivalent of the 2017 Interim Dividend of 65 pence per ordinary share will be 71.60562 cents per ordinary share.

This Interim Dividend will be paid on 22 September 2017 to shareholders on the register on 25 August 2017.

Enquiries:

Pritti Patel

Deputy Company Secretary

Paddy Power Betfair plc

Tel: +44 (0)20 8834 6886