Harrah's extends London Clubs offer deadline

18 Oct 2006

LAS VEGAS, Nevada -- (PRESS RELEASE) -- A subsidiary of Harrah's Entertainment, Inc. (NYSE:HET) today announced the extension of the tender offer to acquire all the outstanding ordinary shares of London Clubs International plc (LCI) to Saturday, November 4th. The board of directors of London Clubs International continues to unanimously recommend that the remaining shareholders accept the offer of GBP 1.25 per share. If the offer is successful, Harrah's expects the transaction to close in the fourth quarter of 2006.

London Clubs International currently operates seven casinos in the United Kingdom and has an additional four under development. In addition, LCI also operates two casinos in Egypt, one in South Africa and has a consulting relationship with a casino in Lebanon.

Harrah's Entertainment, Inc. is the world's largest provider of branded casino entertainment through operating subsidiaries. Since its beginning in Reno, Nevada 68 years ago, Harrah's has grown through development of new properties, expansions and acquisitions. Harrah's Entertainment is focused on building loyalty and value with its customers through a unique combination of great service, excellent products, unsurpassed distribution, operational excellence and technology leadership.

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	Harrah's extends London Clubs offer deadline 18 Oct 2006 LAS VEGAS, Nevada -- (PRESS RELEASE) -- A subsidiary of Harrah's Entertainment, Inc. (NYSE:HET) today announced the extension of the tender offer to acquire all the outstanding ordinary shares of London Clubs International plc (LCI) to Saturday, November 4th. The board of directors of London Clubs International continues to unanimously recommend that the remaining shareholders accept the offer of GBP 1.25 per share. If the offer is successful, Harrah's expects the transaction to close in the fourth quarter of 2006. London Clubs International currently operates seven casinos in the United Kingdom and has an additional four under development. In addition, LCI also operates two casinos in Egypt, one in South Africa and has a consulting relationship with a casino in Lebanon. Harrah's Entertainment, Inc. is the world's largest provider of branded casino entertainment through operating subsidiaries. Since its beginning in Reno, Nevada 68 years ago, Harrah's has grown through development of new properties, expansions and acquisitions. Harrah's Entertainment is focused on building loyalty and value with its customers through a unique combination of great service, excellent products, unsurpassed distribution, operational excellence and technology leadership.