PRESS RELEASE

Holding(s) in Company

18 April 2008

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached

GAMING VC HOLDINGS S.A.

2. Reason for the notification (please tick the appropriate box or boxes)

An acquisition or disposal of voting rights ( X )

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached ( )

An event changing the breakdown of voting rights ( )

Other (specify): ( )

3.Full name of person(s) subject to the notification obligation:

Audley Capital Management Limited

4.Full name of shareholder(s) (if different from 3.)

Audley European Opportunities Master Fund

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

16/04/08

6. Date on which issuer notified:

18/04/08

7. Threshold(s) that is/are crossed or reached:

26%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares (if possible using the ISIN code) Ordinary (LU0208436914)

Situation previous to the triggering transaction Resulting situation after the triggering transaction
Number of
shares
Number of
Voting Rights
Number of shares Number of voting rights % of voting rights
    Direct Direct Indirect Direct Indirect
7,899,911 7,899,911 8,234,911   8,234,911   26.4%

 

B: Financial Instruments

Resulting situation after the triggering transaction

Type of
financial
instrument
Expiration Date Exercise/Conversion
Period/ Date
Number of voting rights
that may be acquired if the instrument is exercised/
converted.
% of voting rights
N/A N/A N/A N/A N/A
         

Total (A+B)

Number of voting rights % of voting rights
8,234,911 26.4%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

N/A

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

N/A

14. Contact name:

Simon Thornton

15. Contact telephone number:

01481 737600

 

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