REGENCY ENTERTAINMENT S.A.

Announcement

We notify you according to article 24, para.2(a), law 3461/2006, that JGD MANAGEMENT CORP., USA, managing and exercising the voting rights of the shares owned by five funds, namely of i) YORK EUROPEAN OPPORTUNITIES MASTER FUND, L.P., ii) LUXOR/YORK FUND LTD, iii) YORK CAPITAL MANAGEMENT, L.P., iv) YORK INVESTMENT LIMITED and v) HFR ED SELECT FUND IV MASTER TRUST, which, as from October 29, 2007, collectively exceed 5% of the shares of the company REGENCY ENTERTAINMENT AE (the Company):
on November 9, 2007, it acquired for the first fund 4,570 additional shares of the Company for a price per share of 12.2244 euros, thus the total number of the commonly managed shares increased to 4,264,562, namely 5.08% of Company's share capital.