INTRALOT ANNOUNCES ITS 1ST SEMESTER 2006 RESULTS

INTRALOT SA today announces its financial results for the six-month period ending June 30th, 2006, prepared in accordance with IFRS. INTRALOT achieved to sustain a high growth rate both in its revenues and profits, as follows:
 

Consolidated Revenues for the period reached €382.0m, posting a 80.8% increase compared to 1H05. EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) increased by 55.4% to €122.7m, compared to the same period last year. Earnings Before Taxes (EBT) recorded an increase of 43.4% y-o-y by reaching €114.1m compared to €79.5m in 1H05. Earnings After Taxes and after minorities (EAT-am) increased by 51.1% y-o-y to €55.2m from €36.6m in 1H05.
 

Total International Revenues for the Intralot Group amounted to €279.0m, or 73.0% of total Group sales, compared with €159.2m, or 75.4% of total Group sales in 1H05. International operations contributed a total of €79.3m or 69.5% to group EBT vs. €43.0m or 54.0% in 1H05.
 

Commenting on 1H06 results INTRALOT’s CEO, Mr, Constantinos Antonopoulos, noted: “We are very pleased with our first half 2006 results, which are above our initial expectations for the period. Moreover, in the last 3 months we have signed three new contracts in Malaysia, Germany and Idaho, while we have been announced preferred bidders regarding the South African Lottery tender and in Western Australia. In this way, we have maintained a success rate of over 50% in the tenders we compete, with our major peers in the past 2 ½ years. As a result, we are continuously increasing our portfolio of projects at a strong rate and concurrently have established an important presence in the Asia/Pacific region. Moreover, the 2006 World Cup hosted in Germany proved to be by far the largest sports betting event in history, increasing sports betting awareness globally. It is important to note that the momentum of betting awareness is considered by our Company a very positive sign for the continued growth of our betting related operations in the future. INTRALOT’s positioning, brand name and total solution offering in the global market has led the company to obtain a dominant position in the international gaming market, a factor that will continue to drive our future expansion.”
 

INTRALOT, a public company listed on the ASE, is a leading supplier of integrated gaming and transaction processing systems, innovative game content and value added services to state-licensed gaming organizations worldwide. Its broad portfolio of products & services, its know-how of Lottery, Betting & Video Lottery operations, its experience in sports games and its leading-edge technology give INTRALOT a competitive advantage, which contributes directly to customers’ efficiency, profitability and growth. INTRALOT’s footprint straddles five continents with 37 subsidiaries, 8 business offices, 3,000 people and revenues of € 523 million for 2005 and €700(?) for 2006.

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