CAI SELLS HOLDING IN GOLD REEF RESORTS

For immediate release

Vienna, 25 May 2009 --- Casinos Austria International (CAI) today announced the successful closure of the sale of its holding in South Africa. The company's 20.6 percent stake (60,226,988 shares) in JSE-listed Gold Reef Resorts Ltd was purchased on 21 May by a leading South African fund manager for a purchase price of 963 million rand (approx. 82 million euro).

Karl Stoss, Director General of Casinos Austria and Chairman of Casinos Austria International expressed his delight with the closure of the sale: "As shareholders and management partners, we can be proud of Gold Reef's economic development and of the value it has created for investors."

The sale reflects Casinos Austria's stated strategy to focus in future on holdings in which the company holds significant management control. It also allows the company to take advantage of the rand's current relative strength.

About Casinos Austria International
Founded in 1997, Casinos Austria International is a wholly-owned subsidiary of Casinos Austria AG. Following the sale of the holding in Gold Reef Resorts Ltd in May 2009, Casinos Austria operates a total of 68 casinos worldwide, including 12 casinos in Austria, 46 casinos in a further 17 countries around the globe and 10 casinos on board cruise ships. A leading player in the European gaming industry, the Casinos Austria Group (including its Austrian Lotteries, win2day, tipp3 and WINWIN subsidiaries) posted consolidated revenues of 2.96 billion euro in the 2008 business year.

For further information, please contact:
Hermann Pamminger
Casinos Austria International
Corporate Head of Marketing
Phone: +43 1 534 40 524
E-mail: hermann.pamminger@casinos.at