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GTECH, French Lottery Sign Agreement

23 June 2005

WEST GREENWICH, Rhode Island – (PRESS RELEASE) -- GTECH Holdings Corporation (NYSE: GTK) today announced that its wholly-owned subsidiary, GTECH Corporation, has signed a product sale agreement, following a competitive procurement, with the operator of the French National Lottery, La Francaise Des Jeux (FDJ), to provide new Instant Ticket Vending Machines (ITVMs). Additionally, the Company signed a separate agreement with FDJ to provide ITVM repair services over an initial term of six years.

"This is a significant step in our efforts to provide Instant Ticket Vending Machines to the international marketplace, and it is particularly nice when it comes from the world's number one instant ticket lottery," said GTECH President and CEO W. Bruce Turner.

FDJ's most recent annual sales were nearly $10.6 billion. Of that amount, approximately $4.3 billion was derived from the sale of instant tickets.

Under the product sale agreement, GTECH will provide FDJ with a minimum of 575 Expandable Dispensing System Quad Burster(TM) (EDS-Q) ITVMs. Replacing a portion of the approximately 1,000 machines already in operation, the new ITVMs are expected to be installed and operational by the end of February 2006.

GTECH is the current online central system provider to FDJ, and, through its acquisition of Interlott, has provided ITVMs in France since 2000. With respect to both of these new agreements with FDJ, GTECH expects to generate revenues of approximately $5 million.

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