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PlayandWin Inc. Clarifies 4 for 1 Split

As per PlayandWin Inc.'s new release dated September 19, 2000 please be advised of the following: if you buy or sell on or before closing of October 6, 2000, dividends will be included. All trades done after the ``X'' date (October 6, 2000) will not include the dividend.

Stewart Garner, president, states, ``All shares bought or sold up to October 6th closing will be subject to the 4 for 1 split.'' Should you need further clarification, please call the NASDAQ Dividend department.

As per PlayandWin Inc.'s news release dated June 1, 2000, Autotote Systems Inc. and PlayandWin Inc. will cross-license their software and intellectual property rights respectively for the marketing of Racingo® at on-track and off-track betting facilities as well as Fantasy Racingo®. The term of this contract is for five years with a further five year renewal upon mutual consent.

The multi-step rollout program will focus initially on the North American market with an expected launch date in the fall of 2000. Expansion into international and other gaming markets are envisioned upon the successful launch of the U.S. version of Racingo®.

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