CASINOS AUSTRIA ACQUIRES BAWAG PSK STAKE IN AUSTRIAN LOTTERIES

For immediate release

Vienna, 06.11.2007 --- Casinos Austria AG has reached an agreement with the BAWAG PSK Group regarding the acquisition of the Austrian bank's approximately 36 percent stake in Austrian Lotteries GmbH. A corresponding purchase agreement was signed on Monday evening by the management of both companies and approved today by the BAWAG PSK Supervisory Board. Closing is expected by the end of the year, subject to approval by the relevant authorities. No details of the purchase price were disclosed.

The agreement, which was preceded by a series of intensive, yet highly constructive negotiations, represents an extremely positive solution for both parties. "The sale of our stake in Austrian Lotteries to Casinos Austria is a very good solution for BAWAG PSK and a sound development for Austrian Lotteries," said Dr. Ewald Nowotny, Director General of the BAWAG PSK Group.

Dr. Karl Stoss, Director General of Casinos Austria and Austrian Lotteries also expressed his satisfaction with the deal: "It was important for us that Austrian Lotteries remain in reliable, tried-and-tested Austrian hands and receive as broad and sustainable a base as possible for a successful future."

Following the acquisition of the BAWAG PSK shares, Casinos Austria will hold an approximately 70 percent stake in Austrian Lotteries.

For further information please contact:

Casinos Austria Group Communications
Martin Himmelbauer, Tel. +43 1 53440 - 22326
E-mail: martin.himmelbauer@casinos.at

BAWAG P.S.K. Group Press Office
Thomas Heimhofer, Tel. +43 1 53453 31210,
E-mail: thomas.heimhofer@bawagpsk.com