Scientific Games Welcomes New Directors

11 Dec 2003

NEW YORK – (Press Release) -- Scientific Games Corporation (Nasdaq: SGMS) announced that three new directors have joined its board. The directors, Ronald O. Perelman, Howard Gittis, and Barry F. Schwartz, joined the board subsequent to MacAndrews & Forbes Holdings' purchase of a 24% stake, on an as converted basis, in Scientific Games.

Ronald Perelman is the chairman and CEO of MacAndrews & Forbes, which has holdings in Revlon, Inc., the cosmetics company; Panavision, Inc., the leading high-precision camera and lighting systems company; Allied Security, the largest distributor of contract security services; and TransTech Pharma, a drug discovery company. Mr. Perelman holds undergraduate and graduate degrees from the Wharton School.

Howard Gittis is a director and the vice chairman and chief administrative officer of MacAndrews & Forbes. His other directorships include Jones Apparel Group, Inc., Loral Space & Communications, Ltd., M&F Worldwide Corp., Panavision, Inc., Revlon Consumer Products Corp., Revlon, Inc., and REV Holdings, Inc. Prior to MacAndrews & Forbes, Mr. Gittis worked at Wolf, Block Schorr and Solis-Cohen for 25 years where he had served as chairman of the executive committee. He holds two degrees from the University of Pennsylvania, a B.S. in Economics and an LL.B. from the law school.

Barry F. Schwartz is executive vice president and general counsel of MacAndrews & Forbes, overseeing and managing the legal function at MacAndrews & Forbes and its operating entities. Prior to joining MacAndrews & Forbes in 1989, Mr. Schwartz was a partner at Wolf, Block, Schorr and Solis-Cohen. Mr. Schwartz has a B.A. from Kenyon College and a J.D. from Georgetown University School of Law.

Scientific Games Corporation is the leading integrated supplier of instant tickets, systems and services to lotteries, and the leading supplier of wagering systems and services to pari-mutuel operators. It is also a licensed pari-mutuel gaming operator in Connecticut and the Netherlands and is a leading supplier of prepaid phone cards to telephone companies. Scientific Games' customers are in the United States and more than 60 other countries.

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	Scientific Games Welcomes New Directors 11 Dec 2003 NEW YORK – (Press Release) -- Scientific Games Corporation (Nasdaq: SGMS) announced that three new directors have joined its board. The directors, Ronald O. Perelman, Howard Gittis, and Barry F. Schwartz, joined the board subsequent to MacAndrews & Forbes Holdings' purchase of a 24% stake, on an as converted basis, in Scientific Games. Ronald Perelman is the chairman and CEO of MacAndrews & Forbes, which has holdings in Revlon, Inc., the cosmetics company; Panavision, Inc., the leading high-precision camera and lighting systems company; Allied Security, the largest distributor of contract security services; and TransTech Pharma, a drug discovery company. Mr. Perelman holds undergraduate and graduate degrees from the Wharton School. Howard Gittis is a director and the vice chairman and chief administrative officer of MacAndrews & Forbes. His other directorships include Jones Apparel Group, Inc., Loral Space & Communications, Ltd., M&F Worldwide Corp., Panavision, Inc., Revlon Consumer Products Corp., Revlon, Inc., and REV Holdings, Inc. Prior to MacAndrews & Forbes, Mr. Gittis worked at Wolf, Block Schorr and Solis-Cohen for 25 years where he had served as chairman of the executive committee. He holds two degrees from the University of Pennsylvania, a B.S. in Economics and an LL.B. from the law school. Barry F. Schwartz is executive vice president and general counsel of MacAndrews & Forbes, overseeing and managing the legal function at MacAndrews & Forbes and its operating entities. Prior to joining MacAndrews & Forbes in 1989, Mr. Schwartz was a partner at Wolf, Block, Schorr and Solis-Cohen. Mr. Schwartz has a B.A. from Kenyon College and a J.D. from Georgetown University School of Law. Scientific Games Corporation is the leading integrated supplier of instant tickets, systems and services to lotteries, and the leading supplier of wagering systems and services to pari-mutuel operators. It is also a licensed pari-mutuel gaming operator in Connecticut and the Netherlands and is a leading supplier of prepaid phone cards to telephone companies. Scientific Games' customers are in the United States and more than 60 other countries.