Award of Gaming License

Sportech PLC 20 September 2001 20 September 2001 Isle of Man awards first Online Gambling Licence to Sportech Plc * Isle of Man authorities select Littlewoods Leisure, owned by Sportech plc, in its first ever award of online gambling licences * Launch of Littlewoods branded online casino to follow in late October 2001 - 'Littlewoodscasino.com' Sportech plc ('Sportech' or 'the Company'), owners of the Littlewoods Leisure betting and gaming company, announces that it has been named by Isle of Man authorities as one of the successful applicants for the island's first three online gambling licences. Today's announcement means that Sportech, which has plans to launch its Littlewoods online casino later this autumn, will now operate the casino from the Isle of Man. The online casino will complement Littlewoods's existing online betting and gaming products, which include sports betting, online lotteries (Littlewoods Prizebuster), and online games such as Premier10. The Company also runs its famous Littlewoods football pools game over the internet. Sportech was one of only three companies, and the only UK company, to be awarded a licence by the Isle of Man's Department of Home Affairs. The other successful applicants have been named as MGM Mirage and Sun International. A total of eleven companies from across the US, Europe and Africa, applied for licences in the jurisdiction. The application process involved vigorous financial and due diligence checks carried out by internal Isle of Man agencies and external agencies including the police, Customs and Excise and Data Protection. Development of Sportech's online casino has already begun, and the Company has signed up Canadian e-gaming software specialist, CryptoLogic, through an agreement with its wholly owned subsidiary, WagerLogic, to provide specialist Internet gaming software for its online casino offering. Colin McGill, Managing Director, Sportech plc said: 'This is very good news for Sportech and another major step forward in our E gaming strategy. The Littlewoods Leisure brand is synonymous with trust and entertainment. This new online offering - Littlewoodscasino.com - will provide our existing and new customers with further opportunities to enjoy the Littlewoods gaming experience. 'The Isle of Man jurisdiction has an unrivalled global reputation for probity and security, meaning that we can offer our customers the levels of assurance they have come to expect from the Littlewoods name. The stringent checks carried out by the Isle of Man authorities represent the strongest possible endorsement of our Company's online offering. 'We are delighted also to be working with CryptoLogic to develop our exciting new online casino. Our software provider of choice had to be of the same calibre and after an extensive review of the marketplace, CryptoLogic emerged as our first choice. They understand our strict requirements for a highly customisable customer-oriented Internet casino that also complies with all regulatory mandates and they have a proven track record for delivering the highest standards for fun, safe Web entertainment.' Jean Noelting, president and CEO of CryptoLogic said: 'Littlewoods' brand strength and enviable customer base, coupled with CryptoLogic's superior gaming products, e-commerce services and recent investment in world-class CRM technology will provide users with an e-gaming experience of the highest quality. 'We are delighted that Sportech has been awarded one of the first online gaming licences in the strictly-regulated jurisdiction of the Isle of Man. CryptoLogic's significant compliance efforts in Australia will help Sportech meet the Isle of Man's tough standards in a short timeframe, accelerating the time to market for the online casino, in full compliance with legislative requirements.' Enquiries Sportech 0151 525 3677 Peter Cuffe, E-Gaming Director Bell Pottinger Financial 020 7353 9203 Rebecca Fox / Oliver Jones CryptoLogic 001 416 545 1455 Nancy Chan-Palmateer Notes to Editors * Sportech plc is the holding company for Littlewoods Leisure, the UK gaming company, acquired in September 2000. Sportech is developing the Littlewoods gaming and leisure business, utilising new channels of distribution to bring more games to more players, capitalising on the strength of the Littlewoods brand, namely its association with the values of trust and integrity. * Littlewoods Leisure is one of UK's oldest established gaming companies, providing football pools, sports betting and lotteries. Founded in 1923 as Littlewoods Pools, the company has a regular playing customer base covering 1.6 million households. * The online casino will complement Sportech's existing internet betting and gaming operation, betdirect.net and bet247.co.uk, which between them have a registered customer base of over 40,000. * For more information on Sportech, please visit our website at www.sportech-plc.co.uk * The online Gambling licence awarded today by the Isle of Man's Department of Home Affairs runs initially for a period of five years and is renewable beyond that date. * Currently legislation prohibits the operation of online casinos from the UK mainland. This legislation is under review as part of the government's official Gambling Review. * CryptoLogic Inc is a leading software supplier to the Internet gaming and e-commerce industries. Its specialist technology enables secure, high speed financial transactions over the Internet. WagerLogic, a wholly owned subsidiary of CryptoLogic, is responsible for the licensing of its gaming software and services to customers around the world. * CryptoLogic is listed on the Toronto Stock Exchange (CRY) and on the Nasdaq National Market (CRYP). For more information, visit www.cryptologic.com and www.wagerlogic.com

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Sportech (SPO)
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