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CryptoLogic Ltd.

Fri, May 30, 2008

Dublin-based internet gambling software developer CryptoLogic Ltd. announced that its recently acquired Casino.co.uk gaming portal along with its other related online casino and poker assets significantly exceeded post-closing performance targets over the past six months. CryptoLogic stated that it would be releasing an additional US.2 million to leading online advertising group Media Corporation as part of an earn-out agreement for Casino.co.uk made through its Gaming Portals Ltd. subsidiary.

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