SOURCE: Press Release

Playtech (AIM: PTEC), the international designer, developer and licensor of software for the online, mobile and land-based gaming industry is pleased to announce its audited full year results for the year ended 31 December 2007.

Financial Highlights*

• Total Revenues up by 86 percent to $103.6 million (2006: $55.6 million)

• Casino revenues up by 58 percent to $74.7 million (2006: $47.3 million)

• Poker revenues up by 269 percent to $27.4 million (2006: $7.4 million)

• Adjusted net profit** before tax of $70 million (2006: $68 million, Including U.S.)

• Cash generated from operating activities of $62.6 million (2006: $72.6 million) was 95 percent of the Group's operating profit before non cash items

• Adjusted basic EPS** of 32 cents per share (2006: 32 cents per share)

• Recommended Final Dividend of 9.9 U.S. cents per share, making a total of approximately $21.5 million. Once approved and paid, this will result in shareholders receiving an aggregate dividend for 2007 of 16.0 cents per share or approximately $34.6 million (2006: $33.5 million [15.7 cents per share])

• Cash investment in CY Foundation of $10.25 million and the fair value of such investment on 31 December 2007 was $18.9 million. Deferred revenues of $27.6 million recorded in the balance sheet

• Cash investment in AsianLogic of US$5.0 million and the fair value of investment on 31 December 2007 was US$15.9 million. Deferred revenues of $10.6 million recorded in the balance sheet

• For ease of comparison all 2006 revenues exclude contributions from the U.S. from where the Company's licensees withdrew more than a year ago.

** The adjusted net profit excludes various non cash items unrelated to the underlying cash trading performance totalling $27.7 million including $18.3 million relating to the accounting treatment of the CY Foundation investment (2006: $7.3 million).

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