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Isle of Capri Casinos Announces Executive Promotions

BILOXI, Mississippi – (Press Release) -- Isle of Capri Casinos, Inc. (Nasdaq: ISLE) announced today the promotions of two executive staff members.

As the company recently received a license to operate an Isle of Capri Casino at Our Lucaya Beach and Golf Resort at Freeport, Grand Bahama, Eddie Llambias has been promoted to the position of vice president and general manager of the property, which is expected to open during the winter '03.

Llambias, who has more than 20 years of experience in the casino and hospitality industry, joined the Isle of Capri Casinos in 2000 as senior director of operations for the Isle of Capri-Bossier City. He has also held positions with operations internationally, including the United Kingdom; Freeport, Bahama; and Gibraltar.

Llambias is a native of the United Kingdom, where he was also educated.

J. Jeff King has accepted the position of vice president and general manager for the company's Lake Charles, La. property. King, who previously served as vice president and general manager for the Boonville, Mo. and Lula, Miss. properties, has been with the company since July 2001.

Prior to joining the Isle, King served as senior vice president and general manager of Harrah's Hotel & Casino, Vicksburg, Miss. He also held the position of general manager of Grand Casino, Coushatta, La.

King was awarded a bachelor's of science in accounting from the University of Southern Mississippi, Hattiesburg. He received his license as a certified public accountant in 1990.

Isle of Capri Casinos, Inc. owns and operates 15 riverboat, dockside and land-based casinos at 14 locations, including Biloxi, Vicksburg, Lula and Natchez, Mississippi; Bossier City and Lake Charles (two riverboats), Louisiana; Black Hawk (two land-based casinos) and Cripple Creek, Colorado; Bettendorf, Davenport and Marquette, Iowa; and Kansas City and Boonville, Missouri. The company also operates Pompano Park Harness Racing Track in Pompano Beach, Florida.

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