BOOKIES PREDICT ANOTHER CAR CRASH FOR TOYOTA

PADDY POWER PRESS RELEASE

BOOKIES PREDICT ANOTHER CAR CRASH FOR TOYOTA

(08 February 2010) With the widely expected recall of Toyota’s Prius hybrid car this week Irish bookmaking firm Paddy Power are offering odds on the next international car brand, after Toyota, to issue a recall in excess of 100,000 units.

And in even more bad news for the Japanese car giant Paddy Power make Toyota their odds-on 1/3 favourite to be first to announce another recall after the Prius. The luxury vehicle division of Toyota, Lexus, is the 2/1 second favourite followed by Volvo and Audi and longer odds of 12/1 and 14/1 respectively.

Bizarrely punters believe that Czech Republic car manufacturer Skoda is the least likely to be forced to recall their cars and is the 66/1 outsider in the betting.

Paddy Power said “Ninety per cent of bets placed so far predict that Toyota will come a cropper again but with rumours circulating about a similar braking fault on the new Lexus hybrid I think the 2/1 about Lexus could be the value bet�??

Next car brand to recall a model
-After Toyota Prius recall-
1/3    Toyota
2/1    Lexus
12/1  Volvo
14/1  Audi
14/1  Dodge
16/1  Honda
18/1  Hyundai
18/1  Ford
20/1  Volkswagon
20/1  Nissan
25/1  BMW
25/1  Chrysler
25/1  Mercedes-Benz
33/1  Vauxhall
33/1  Fiat
40/1  Hummer
40/1  Daewoo
40/1  Alfa Romeo
50/1  Ferrari
66/1  Skoda

Ends

All prices remain subject to fluctuation.

Paddy Power is Ireland’s largest bookmaker and a leading provider of gaming services in the UK, Australia and Ireland. Founded in 1988 the company takes an unconventional approach to betting and is famous for its mischievous and sometimes irreverent promotional campaigns. Paddy Power is a publicly quoted company and is listed on both the Irish and London Stock Exchanges (www.paddypower.com)

For more information contact;

Ken Robertson
Paddy Power plc
Tel: ++353 1 4045915
Cell: ++353 87 8528718
ken@paddypower.com

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