GTECH Signs Five-Year Contract Extension With Customer in Luxembourg

GTECH Signs Five-Year Contract Extension With Customer in
Luxembourg 


WEST GREENWICH, R.I., April 6  /PRNewswire-FirstCall/ -- GTECH Holdings
Corporation  today announced that its wholly-owned subsidiary, GTECH
Corporation, has signed a five-year contract extension with Oeuvre Nationale de
Secours Grande-Duchesse Charlotte, the operator of Loterie Nationale of
Luxembourg, to provide new lottery terminals, products, and ongoing services
through October 2012.  With respect to its contract extension, GTECH expects to
generate revenues of approximately $23 million to $25 million.

Commenting on the extension, GTECH President and CEO W. Bruce Turner said,
"Loterie Nationale has been a valued customer of ours, and we are eager to use
this opportunity to strengthen our relationship with the Lottery and its
retailers in the years to come.

When GTECH became the online lottery supplier in 2001, Loterie Nationale
generated $21 million in total sales from its instant ticket business,"
continued Mr. Turner.  "In 2002, with the addition of keno, sales reached $35
million.  Last year, total net sales peaked at $61 million.  We look forward to
continuing our successful partnership."

Under the terms of the extension, GTECH will provide approximately 600 Altura(R)
terminals with AccuTherm(R) Supreme printers; 425 Accuview(R) Customer Display
Units (CDUs); marketing and software services, including game design and
development; and will relocate its project data center operations from Brussels,
Belgium to Luxembourg.

GTECH has been providing lottery services to Loterie Nationale since June 2001,
when, in collaboration with Loterie Nationale, instants were brought online, and
later that year, a five-minute keno game was successfully launched.  GTECH will
work with Loterie Nationale in developing new games, including participation in
the pan-European game, EuroMillions.

Certain statements contained in this press release are forward looking
statements within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934.  Such statements include,
without limitation, statements relating to the prospects and financial outlook
for the Company, which reflect management assumptions regarding:  (i) the future
prospects for and stability of the lottery industry and other businesses in
which the Company is engaged or expects to be engaged, (ii) the future operating
and financial performance of the Company (including, without limitation,
expected future growth in revenues, profit margins and earnings per share), and
(iii) the ability of the Company to retain existing business and to obtain and
retain new business.  Such forward looking statements reflect management's
assessment based on information currently available, but are not guarantees and
are subject to risks and uncertainties that could cause actual results to differ
materially from those contemplated in the forward looking statements.

These risks and uncertainties include, but are not limited to, those set forth
above, in the Company's subsequent press releases and on reports by the Company
on Forms 10-K, 10-Q and 8-K, and other reports and filings with the Securities
and Exchange Commission, as well as risks and uncertainties respecting:  (i) the
potential impact of extensive and evolving government regulations upon the
Company's business; (ii) the ability of the Company to continue to retain and
extend its existing contracts and win new contracts; (iii) the possibility of
slower than expected growth or declines in sales of lottery goods and services
by the Company or the Company's customers; (iv) exposure to foreign currency
fluctuations; (v) risks and uncertainties inherent in doing business in foreign
jurisdictions; (vi) the relatively large percentage of the Company's revenues
attributable to a relatively small number of the Company's customers; (vii) the
possibility of significant fluctuation of quarterly operating results; (viii)
the intensity of competition in thelottery industry; (ix) the possibility of
substantial penalties under and/or termination of the Company's contracts; (x)
the ability of the Company to respond to technological change and to satisfy the
future technological demands of its customers; (xi) opposition to expansion of
lottery and gaming; (xii) the Company's ability to attract and retain key
employees; and (xiii) the possibility of adverse determinations in pending legal
proceedings.

GTECH, a leading global information technology company with $1 billion in
revenues and 5,000 people in 44 countries, provides software, networks, and
professional services that power high-performance, transaction processing
solutions.  The Company's core market is the lottery industry, with a growing
presence in financial services transaction processing.  For more information
about the Company, please visit GTECH's website at http://www.gtech.com/.

  Contact:
   Robert K. Vincent
   Public Affairs
   GTECH Corporation
   401-392-7452


DATASOURCE: GTECH Holdings Corporation



CONTACT: Robert K. Vincent, Public Affairs of GTECH Corporation, +1-401-

392-7452



Web site:  http://www.gtech.com/

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