LOTTOMATICA S.P.A. ENTERS INTO €300 MILLION SENIOR REVOLVING CREDIT FACILITY

REDUCES U.S. DOLLAR-DENOMINATED DEBT

ROME (ITALY) – PROVIDENCE, RHODE ISLAND (U.S.), May 26, 2008 – Lottomatica S.p.A. today announced that it has entered into a €300 million senior unsecured revolving credit facility (the “Facility”). Proceeds from the initial drawdown will be used to repay U.S. dollar-denominated term loan debt of Lottomatica S.p.A.'s wholly-owned subsidiary, GTECH Corporation. Thereafter, the Facility may be used for general corporate purposes. The Facility, which will be funded by a syndicate of 13 financial institutions, matures in 2012, slightly increasing the weighted average maturity of Lottomatica Group's total debt portfolio.

“The new credit facility will provide us with substantial financial flexibility,” said Lottomatica Group CFO, Stefano Bortoli. “When also considering the current foreign exchange rate environment, this is an opportune time to rebalance the mix of euro/dollar debt while maintaining the appropriate level of U.S. dollar debt to naturally hedge cash flows from our U.S. business. Moreover, the debt rebalancing will have no material impact on the Company's interest expense.”

Lottomatica is one of the world's largest commercial lottery operators and a market leader in the Italian gaming industry. GTECH is a leading gaming technology and services company, providing innovative technology, creative content, and superior service delivery. GTECH and Lottomatica together create a fully integrated lottery operator and gaming technology solutions provider – a combined company with worldwide scale, considerable financial strength, and industry-leading customer solutions. Lottomatica is majority owned by De Agostini, which belongs to a century-old publishing, media, and financial services group. Lottomatica is publicly traded on the Italian Stock Exchange (LTO), and in 2007, had approximately €1.7 billion in revenues and 5,900 employees in over 45 countries when combined with GTECH.

For further information:

  AD HOC Communication Advisors 02/7606741

Mario Pellegatta - Matteo Cidda 335/1415585

This press release and the previous ones are available on the web site: www.adhoccommunication.it

Lottomatica web site: www.gruppolottomatica.it

GTECH contact: Robert K. Vincent Public Affairs 1-401-392-7452

GTECH web site: www.gtech.com