Athens, Greece - June 26th, 2003. A new contract has been awarded to Yugolot - member of the Intralot Group - from the state lottery organization of Serbia "NARODNA LUTRIJA" for the operation of fixed odds betting via telephony. The new agreement includes the installation of an integrated lottery phone betting system, the development of the hardware and software and the promotion and advertising of the betting via new media.

The agreement is for 10 years and has a renewal option. Yugolot will undertake the implementation of the technological infrastructure and Betting Company will provide the related services for the operation of the game. The remuneration of Yugolot is based on a percentage of games' turnover.

Yugolot undertook the organization of the fixed odds betting in Serbia for NARODNA LUTRIJA in December 2002 and the official start up expected to take place in September. The new agreement offers Intralot the potential to further expand its activities in Serbia, strengthening its position at the betting market, for which the turnover is estimated at euro 300 million annually.

Intralot constitutes the main systems and services provider for the organization of lottery games in Southeastern Europe and is a pioneer in introducing new technologies, as a medium for the operation of lottery games in the region.