Settlement

RNS Number:6862J
Gamingking PLC
04 April 2003

Gamingking plc ("Gamingking" or the "Company")

As disclosed in the contingent liabilities note of Gamingking's 2002 annual
report & accounts, the Company has been contesting a long-standing claim brought
against it by a former employee in relation to share options to which he alleged
he was entitled.

Whilst firmly maintaining its belief that the claim is without merit, the board
of Gamingking (the "Board") today reached an out of court settlement with the
claimant. The decision to do so was reached after the Board had taken legal
advice and carefully considered the demands on executive time and the level of
professional fees that any protracted litigation was likely to incur.

The full and final settlement involves a payment to the claimant of #125,000. In
accordance with accepted accounting practice and procedures relating to
contingent liabilities, no provision in respect of this claim has previously
been made in the Company's accounts. A proportion of the legal fees associated
with this claim has been provided for and is included in the administration
expenses reported in Gamingking's interim statement. The amount of the legal
fees incurred by the Company not provided for in the interim accounts is
estimated to be in the order of 15-20% of the settlement.

Neither the payment of the settlement or the legal costs which the Company has
itself incurred are expected to have any material adverse impact on the
development plans of the Company. The Company is trading in line with the
Board's expectation and in particular its business performance is reflecting the
anticipated benefits of the recent acquisition of the former Littlewoods pull
tab business from Sportech plc.


ENDS


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