SOURCE: Press Release

(Dublin, Ireland) — CryptoLogic Limited, a leading software developer to the global Internet gaming market, announced that its newly acquired gaming portal, casino.co.uk, and all related Internet casino and poker assets have significantly exceeded established post-closing performance targets over the past six months.

As part of an earn-out agreement for the gaming portal, made through CryptoLogic's wholly-owned subsidiary, Gaming Portals Limited, CryptoLogic will release an additional payment of Pounds Sterling 625K to leading Internet advertising group Media Corporation plc (Media Corp).

Casino.co.uk has been accretive to CryptoLogic's earnings from the outset, and is expected to continue to grow over both the short and long term.

The acquisition has enabled CryptoLogic to offer advertisers both a premium portal and exceptional, new opportunities to reach their markets.

"CryptoLogic's investment in casino.co.uk has been a 'win-win' for everyone involved - generating new revenue for our business, and new opportunities for advertisers, so that they can deliver even more exceptional experiences to players everywhere" said Brian Hadfield, CryptoLogic's President and CEO.