Re Contract

Playtech Limited 23 November 2007 Playtech Ltd ('Playtech' or 'the Company') Material Licence Contract Signed with Leading Asian Gaming Company Playtech (AIM: PTEC), the international designer, developer and licensor of software for the online and land-based gaming industry, announces today that it has signed a new licence contract with one of the largest Asia-facing online gaming operators (the 'Licensee'). The company, which has a strong and diversified presence in the Asia-Pacific region, is a significant addition to Playtech's licensee portfolio and reflects the Company's continued success in the penetration of the Asia-Pacific region. For reasons of confidentiality the Licensee cannot currently be named. However, Playtech states that the contract is significant and material to the future profitability of the Company. The contract is expected to become earnings enhancing during the second quarter of 2008. Playtech will provide the Licensee with software platforms for its casino, poker and Asian peer-to-peer (P2P) games, which are being developed for the first time by Playtech. Playtech is contracted to develop further Asian P2P games for the Licensee. Mor Weizer, Chief Executive of Playtech, commented: 'This is a significant new business win for Playtech and comes after lengthy contract formalities with the Licensee. The scale of its operations and its large and diverse base of clients across Asia make it a very valuable addition to our growing portfolio. The additional tools and features that we have deve loped for this operator will further strengthen Playtech's market leading position in the vast Asia-Pacific market. 'This Licensee has deep-rooted experience and market reach and we foresee additional benefits for Playtech, particularly for our new Asia-facing games which we start rolling out over the next two quarters.' - ENDS - For Further Information: Mor Weizer, CEO, Playtech Ltd c/o Bell Pottinger Tel: 020 7861 3232 www.playtech.com David Rydell / Helen Tarbet/ Antonia Coad Bell Pottinger Corporate & Financial Tel.020 7861 3232 About Playtech Playtech develops unified software platforms for the gambling industry, primarily targeting existing online operators wanting to upgrade their system; sportsbooks looking to diversify and land-based operators making their online debut. Playtech gaming applications - online casino, poker, bingo, mobile gaming, live gaming, land-based kiosk networks and fixed-odds games - are fully intercompatible and can be freely incorporated as stand-alone applications, accessed and funded by players through the same user account and managed by the operator by means of a single powerful management interface. Founded in 1999, Playtech has over 600 personnel distributed globally, around eighty percent of whom are engaged in research and development of current and future gaming technologies. Website: www.playtech.com This information is provided by RNS The company news service from the London Stock Exchange

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