Board Appointment and Issue of Options

    RNS Number : 1378C
  New Media Lottery Services PLC
  27 August 2008
   


    27 August 2008


    NEW MEDIA LOTTERY SERVICES PLC
    ("NMLS" or "the Company")
    (Ticker: NMLS)

    BOARD APPOINTMENT AND ISSUE OF OPTIONS

    The Board of New Media Lottery Services PLC, the gaming content and systems provider, is pleased to announce the appointment of Jane
Dresner Sadaka to the Board as non-executive director. Jane was appointed on the 25th August 2008. 

    Jane has extensive financial experience having held executive positions at Kellner, Dileo & Co.; and Donaldson, Lufkin and Jenrette,
both members of the New York Stock Exchange. She was also a Director of Western Resources, Topeka, KS, a New York Stock Exchange listed
public utility company. 

    John Carson, Chief Executive Officer at NMLS, said: "We are delighted to welcome Jane to the Board. Her wealth of experience will be
invaluable to the Company as we develop our strategy and move forward. "

    The Board of NMLS also announces the issue of 600,000 options on the 25th August 2008 to certain directors of the Company as set out in
the table below:

 Director             Quantity  Option Exercise Price 
 Milton Dresner       200,000   3p
 John T. Carson       300,000   20p
 Nigel Blythe-Tinker  100,000   20p
 TOTAL                600,000    

    The above options total approximately 2.38% of the current issued capital. The options issued to Milton Dresner are in consideration of
his having guaranteed certain bank loans to the Company. John T. Carson and Nigel Blythe-Tinker's options have been issued as part of their
ongoing long-term incentive packages. 

    In addition to the above options to directors, a further 180,000 options have been issued today to five employees of the Company, with
all exercisable at 15p each and a further 25,000 options have been awarded to another employee of the Company that are exercisable at 1p
each. 

    Joseph Dresner, a previous Director of the Company, has also been awarded 200,000 options exercisable at 3p each in consideration of his
having guaranteed certain bank loans to the Company. 

    All the options referred to in this announcement have a term of 5 years from the date of issue and can be exercised at any time by the
holder.

    New Media Lottery Services, Inc, an American corporation quoted on the NASDAQ stock market, owns 20,205,129 shares or 80.23% of the
voting rights of the Company.

    Milton Dresner (a Company Director) and Joseph Dresner, in turn own 7 million shares each of the 21,442,143 outstanding shares of New
Media Lottery Services Inc,. Milton and Joseph Dresner also own 901,925 or 3.58% each of the shares in New Media Lottery Services, PLC.


    Notes:

    The following details are disclosed in accordance with Schedule 2 paragraph (g) of the AIM Rules.

    Jane Dresner Sadaka, aged 54, has not held any corporate directorships or partnerships over the past five years; however, she does sit
on the board of several charitable organizations as noted below.

    New York University, Stern School of business    Member, Board of Overseers
    The Drawing Center Treasurer & Member, Board of Directors
    Whitney Museum of American Art Member, Print Committee
    DLJ Merchant Banking Partners, Advisory Board Member

    Jane has no interest in the Ordinary Shares of the Company.  



    ---ends---

    Enquiries:

    New Media Lottery Services PLC                   [phone] 1688
    John Carson                            
    www.nmlsplc.com

    Bishopsgate Communications Ltd                020 7562 3350
    Nick Rome
    Michael Kinirons
    www.bishopsgatecommunications.com 

    Arbuthnot Securities                                          020 7012 2000
    Paul Vanstone 
    www.arbuthnotsecurities.co.uk


    About New Media Lottery Services Plc:
    
New Media Lottery Services Plc, based in Dublin, Ireland, supplies lotteries with a white label lottery system, games and management support
to develop new income streams from digital lottery product distribution, including the internet, mobile telephony, interactive television
and digital vending. NMLS secures long-term contracts with lottery clients and shares in the Net Win from these programmes.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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