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Diamondhead in Mid-Mississippi...You Watch!!

MADEIRA BEACH, Fla. -- Europa Cruises Corporation has announced that the Mississippi Commission of Environmental Quality affirmed its January 9, 1997 decision to grant water quality certification for development of the Company's Diamondhead, Mississippi casino resort. The decision followed an evidentiary hearing held on April 29th and 30th in Jackson, Mississippi, which had been requested by opponents to the certification and which was required under the rules and regulations of the Commission.

Europa Cruises Corporation, through its wholly owned subsidiary, Casino World, Inc., intends to develop a destination casino resort and hotel at its 404-acre site in Diamondhead, Mississippi, located immediately off Interstate 10. The site is adjacent to a site on which Circus Circus Enterprises, Inc. also intends to develop a destination casino resort and hotel. The Company is currently seeking the remaining approval necessary to develop the site, however, there can be no assurance that such approval will be obtained.

Europa Cruises Corporation is one of the largest day cruise operators in the United States. It owns and operates gaming ships out of ports located in Miami Beach, Pt. Myers, and Madeira Beach, Florida. In addition to blackjack, poker, slot machines, craps, and sportsbetting, the cruises offer fine dining, dancing and entertainment.

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