Playtech Successfully Admitted To AIM

Playtech, the international designer, developer and licensor of software for the gambling industry, had their shares commence trading on the AIM market of the London Stock Exchange plc at 800 am on 29 March, 2006.

The placing has raised approximately £265.2 million gross through a placing of 103,142,466 ordinary shares (the "Placing Shares") at 257 pence per ordinary share. The Company has raised net proceeds of approximately £31.8 million. The ordinary shares, subject to the placing, represent approximately 48 per cent. of Playtech's total issued ordinary shares.

The shares will trade under the ticker symbol PTEC.L.

Collins Stewart acted as sole bookrunner, nominated advisor and joint broker. Seymour Pierce acted as joint broker.

The placing values Playtech at approximately £548 million, reflecting the total number of ordinary shares in issue of 213,333,333.

The Placing Shares have been placed with a broad range of international institutional investors.

In the two year period ended 31 December 2005, Playtech recorded a 268 per cent. increase in revenues to US$47.6m. In the same period, post tax profit increased from approximately US$8.3m in 2003 to US$35.6m in 2005.

Roger Withers, who has over 30 years of experience in the leisure and gaming industries, has been appointed non-Executive Chairman with effect from Admission.

Commenting on today's announcement, Avigur Zmora, Chief Executive Officer of Playtech, said:

"The outstanding interest in Playtech's shares from both US and UK investors is a clear endorsement of the company's offering, business model and prospects. We look forward to life as a plc and to continuing the growth of the business."