Botham and Lamb sued Imran over an ``offensive personal attack'' on them in India Today magazine which they said called them racist, uneducated and lacking class and upbringing, while Botham had sued over a May 1994 report in The Sun newspaper which he alleged falsely accused him of ball-tampering.
Imran, who denied libel, said his words were taken out of context. He declined comment as he left the courtroom on Wednesday with his pregnant wife Jemima.
``Darling, you were wonderful,'' she told him after the verdict.
The jury in the case failed to reach a unanimous verdict and had been told the court would accept a 10-2 majority decision, which was reached after five hours of deliberations.
Botham and Lamb will now have to pay costs estimated by legal sources to be up to 500,000 pounds ($750,000).