HEATON DEPARTURE FROM IGH CONFIRMED (Update)

8 June 2007

But no reasons given as company announces move to Malta

The rumour earlier this week that Interactive Gaming Holdings (IGH) chief executive John Heaton had resigned from the company was confirmed today (Tuesday) by the company, although no reasons were given for his decision. Chairman Thomas Taulé will look after the day-to-day operations of IGH following Heaton's departure.

A statement from the company revealed that it is soon to relocate all of its operations to Malta, “....a location with a more defined regulatory environment”. The company has an operational base in Malta and observers said that such a move could reduce costs significantly.

Shares in the company remain suspended on the London exchange.

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