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News

January 28th, 2008
Lottomatica's GTECH Subsidiary Completes Acquisition of 50 Percent of Atronic from Gauselmann Group; GTECH to Acquire Remaining 50 Percent Interest in Atronic by December 31, 2008


ROME and PROVIDENCE, R.I., Jan. 31 /PRNewswire-FirstCall/ -- Lottomatica S.p.A.'s (Pink Sheets: LTTOY) wholly-owned subsidiary, GTECH Corporation, announced that all closing conditions to acquire a 50 percent controlling interest in the Atronic group of companies owned by privately-held Gauselmann Group have been met, and the Company has completed the acquisition of such interest for euro 20 million in cash.

As previously announced, GTECH also intends to acquire the remaining 50 percent of Atronic for euro 32 million. The transaction is subject to routine regulatory reviews and approval prior to the closing which will occur in 2008.

The overall transaction is expected to have a total value of approximately euro 172 million, which includes approximately euro 120 million of debt.

Lottomatica is one of the world's largest commercial lottery operators and a market leader in the Italian gaming industry. GTECH is a leading gaming technology and services company, providing innovative technology, creative content, and superior service delivery. GTECH and Lottomatica together create a fully integrated lottery operator and gaming technology solutions provider -- a combined company with worldwide scale, considerable financial strength, and industry-leading customer solutions. Lottomatica is majority owned by De Agostini, which belongs to a century-old publishing, media, and financial services group. Lottomatica is publicly traded on the Italian Stock Exchange (LTO), and in 2006, had approximately euro 1.7 billion in revenues and 5,900 employees in over 45 countries when combined with GTECH.

Gauselmann Group was advised on the sale by Global Leisure Partners LLP.


Contact:
Mark Harms
Chairman & CEO
Global Leisure Partners LLP
Tel: +44 (0) 20 7016 8050
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