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GTECH Enters Credit Facility

WEST GREENWICH, Rhode Island – (PRESS RELEASE) -- GTECH Holdings Corporation (NYSE: GTK) today announced that its wholly-owned subsidiary, GTECH Corporation, has entered into a new $500 million senior revolving credit facility. The new credit facility is unsecured and matures in October 2009. Bank of America and Calyon were the lead arrangers, with the syndicate being comprised of the following seven other major financial institutions: Bank of Nova Scotia, KeyBank, Wachovia Bank, Commerzbank, Citizens Bank, Fifth Third Bank, and SunTrust Bank.

"The fact that we were able to attract a syndicate of such strong banks, and increase the size of our current credit facility from $300 million to $500 million with improved terms and conditions, are clear indicators of GTECH's financial strength," said GTECH Treasurer William M. Pieri. "The new credit facility will continue to provide us with substantial financial flexibility, and combined with our strong cash flows, will provide a considerable pool of capital as the Company continues to execute its business strategy."

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