Directorate Change

Playtech Limited 02 May 2007 2 May 2007 Playtech Ltd ('Playtech' or 'the Company') Directorate Change Playtech (AIM: PTEC), the international designer, developer and licensor of software for the online and land-based gaming industry, announces that it has today appointed Mor Weizer as Chief Executive following the creation of a new Board position of Executive Deputy Chairman. The changes represent a significant strengthening of the Playtech Board. Avigur Zmora is to transfer from Chief Executive to Deputy Chairman and will assume specific responsibility for strategic business development. Mor is a qualified chartered accountant and has been a senior operational manager within Playtech for approximately two years during which time he has managed ongoing customer relations, product delivery and technical support as Chief Executive Officer of Techplay Marketing Ltd. He joined the Group in July 2005. His responsibilities included overseeing Playtech's licensee relationship management, product management for new licensees and the Company's marketing activities. Prior to joining the Playtech Group, Mor worked for Oracle for over four years, initially as a development consultant and then as a product manager, creating sales and consulting channels in Europe, the Middle East and Africa. Before this, he worked in a variety of roles, including as an auditor and financial consultant for PricewaterhouseCoopers. Playtech Chairman Roger Withers said: 'Playtech is committed to innovation and the development of new products and services to meet client demands. New business generation is essential to the Company's development and retention of its position as the leading provider of technology to the international gaming industry and technological innovation. It is the Board's firm view that there remains great potential for growth in the global gaming market and Playtech is well placed to play a fundamental role in developing this burgeoning sector. In short new business development is paramount to the business and is the lifeblood of the continuing success of the Company. 'In this regard, the Company has created this new Executive Deputy Chairman position with responsibility for business development across all regulated territories which will be taken up by Avigur who has steered the Company through its successful IPO and to the position it enjoys today as a world leading international designer, developer and licensor of software to the gaming industry. 'The Board is very grateful to Avigur for his Executive roles over the last five years. His new role will ensure that the company continues to reap the rewards of his extensive industry knowledge and entrepreneurial skills. I am pleased to welcome Mor Weizer. As Playtech's customer base continues to grow and increasingly includes large multinational clients it is essential that the Chief Executive has a strong experience of managing complex multi-dimensional client relationships and Mor is ideally suited to that role. In light of the significant advances made in the last year under the direction of Avigur, one of the principal roles of the Chief Executive is now on cementing these advances while continuing to develop the business.' Mor Weizer, Chief Executive, said: 'I am delighted to be appointed Chief Executive of Playtech. The Company is growing strongly and having worked inside the business since 2005, I am now looking forward to my new role in continuing to accelerate the business and return value to shareholders.' Avigur Zmora, Executive Deputy Chairman, said: 'The last five years have been an exceptional experience. I am very proud to have played a role as both Finance Director and Chief Executive of Playtech during this formative period. I now look forward to fulfilling my new role in new business creation and further developing the substantial opportunities that exist in this rapidly expanding global marketplace.' For the purposes of the AIM Rules, Mr Weizer is currently a director of Techplay Marketing Ltd and has not been a director of any other limited company, public company or registered partnership. - ends - For Further Information: David Rydell / Helen Tarbet Bell Pottinger Corporate & Financial Tel:+44 20 7861 3232 This information is provided by RNS The company news service from the London Stock Exchange

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Playtech (PTEC)
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