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Isle of Capri Casinos completes Casino Aztar acquisition

11 June 2007

ST. LOUIS, Missouri -- (PRESS RELEASE) -- Isle of Capri Casinos, Inc. (Nasdaq: ISLE ) officials announced today completion of the acquisition of Casino Aztar in Caruthersville, Missouri from an affiliate of Columbia Sussex Corporation. The purchase price is approximately $45 million.

Isle of Capri Casinos, Inc., founded in 1992, is dedicated to providing its customers with an exceptional gaming and entertainment experience. Welcoming guests at each of its 16 casino properties are team members committed to superior service and a fun atmosphere. The Company owns and operates casinos in Biloxi, Lula and Natchez, Mississippi; Lake Charles, Louisiana; Bettendorf, Davenport and Marquette, Iowa; Kansas City, Boonville and Caruthersville, Missouri and a casino and harness track in Pompano Beach, Florida. The Company also has a 57 percent ownership interest in two casinos in Black Hawk, Colorado. Isle of Capri Casinos' international gaming interests include a casino that it operates in Freeport, Grand Bahama and a two-thirds ownership interest in casinos in Dudley and Wolverhampton.

The Company is also developing a new casino and hotel in Waterloo, Iowa, as well as a casino in Coventry, England. There are four Isle of Capri Casinos brands including "the isle," Isle of Capri, Colorado Central Station and Rhythm City, providing over 14,000 slot machines, 500 table games and 2600 hotel rooms for our guests' enjoyment.

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