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Scientific Games Acquires German Company

3 Jan 2005

NEW YORK – (PRESS RELEASE) --Scientific Games Corporation (Nasdaq: SGMS) announced today that effective December 31, 2004, it completed the acquisition of all the outstanding shares of Printpool Honsel GmbH, the German company that is the instant ticket supplier to all of the sixteen lotteries in Germany. A portion of the purchase price is subject to satisfaction of certain performance benchmarks and the purchase price is not deemed to be material. Further details regarding the purchase price and other terms of the transaction were not disclosed.

As previously announced, Jan and Klaus Honsel, the principal shareholders and co-managing directors of the company, will continue to manage the company going forward pursuant to a multi-year employment agreement. The new company will be called Scientific Games - Honsel.

Lorne Weil, the Chairman and CEO of Scientific Games, said, "Working together with Honsel, we believe we can assist the German lotteries to significantly increase sales of instant lottery tickets and introduce cooperative services. This is a very exciting opportunity for us to once again showcase our superior game design, production, security and logistics capabilities, just as we have done in many other jurisdictions."

 
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