GTECH Signs New Multi-Year Contract to Provide Club Keno(R) Game to Customer In Beijing

GTECH Signs New Multi-Year Contract to Provide Club Keno(R) Game to Customer In
Beijing
Company to Also Offer IP-Based ES Connect(TM) Solution 


WEST GREENWICH, R.I., Feb. 10  /PRNewswire-FirstCall/ -- GTECH Holdings
Corporation  today announced that its wholly-owned subsidiary, GTECH
Corporation, signed a new contract to supply the Beijing Welfare Lottery Center
(BWLC) with equipment, software, and technical services to operate a
computerized keno game in Beijing.  As a result of the new multi-year contract,
which is expected to commence on April 1, 2004, BWLC also extended GTECH's
original online lottery services contract for an additional three years through
December 31, 2012.

"Club Keno is based on a game that originated in China more than 3,000 years ago
and is one of the most successful games in today's lottery industry," said GTECH
President and CEO W. Bruce Turner.  "Therefore it is only fitting for GTECH to
offer BWLC the opportunity to generate additional revenue with this exciting,
fast-paced game.

By offering new products and services to existing customers, GTECH further
strengthens its position in this very important region," continued Mr. Turner.

Under the terms of the new contract, GTECH will provide a turnkey system to
BWLC, including keno equipment, monitors, and game software for the Club Keno(R)
game.  The Company will also install an additional 500 Altura(R) terminals
featuring GTECH's AlturaVision, a video display system that allows the
development, delivery, and display of text, graphics, animations, and other
multimedia objects on a display device (such as a television or LCD monitor)
located in a retail establishment.  BWLC expects to introduce Club Keno in
age-controlled locations throughout Beijing in August 2004.  The number of
Altura terminals for BWLC's Club Keno game is expected to grow to 2,000 over
time.

In addition, GTECH will provide BWLC with the Company's IP-based ES Connect(TM)
software.  ES Connect is a highly-secure, high-volume, open standards network
interface that connects a lottery's transaction processing engine to a multitude
of sales channels and devices.  It can be implemented on an existing lottery
system without the need for a major system conversion.

GTECH will provide ongoing services to BWLC including upgrades and maintenance
for the keno and lottery central systems; software support; game design;
marketing consultation; and terminal spare parts.

An alliance arrangement has also been agreed upon whereby BWLC can become the
hub operator for neighboring jurisdictions in China.  Under this arrangement,
GTECH will provide BWLC with the lottery central system hardware, network
connectivity, software licenses, and ongoing software support.

GTECH will be entitled to receive fixed pricing for the sale of the Altura
terminals and a percentage of sales as an ongoing software license and support
services fee.

GTECH has provided lottery products and services to BWLC since its inception in
2000.  Since that time, BWLC's sales have grown year-over-year reaching $120
million in 2003.  Proceeds generated by the BWLC support various welfare funds,
with an emphasis on orphanages and elderly care.

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 the lottery 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,

[phone]



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

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