SOURCE: Chilco River Holdings, Inc.

August 09, 2007 18:39 ET

Chilco River Holdings, Inc. Announces Peru Gaming Show Plans

LIMA, PERU--(Marketwire - August 9, 2007) - Chilco River Holdings, Inc. (OTCBB: CRVH) announced today that it will be sponsoring the Peru Gaming Show, a trade show gathering all of the casino operators in Peru and the Andean region of South America.

Several manufacturers of casino products will be displaying their products at the show on August 8 through August 10, 2007. The weekend will play host to meals, lectures, and conferences on various topics relating to the management of a casino. The weekend will also be featured online in a streaming video on perugamingshow.com. The streaming video will be captured using a custom camera system provided by Chilco River Holdings.

"We are thrilled to receive this great opportunity for exposure," said Tom Liu, CEO of Chilco River Holdings. "Sponsoring such an event will, no doubt, allow us to gain a leading position in our market, and I believe that the show is coming at just the right time for us, as we are preparing to open the fully renovated Miramar Hotel and Casino featuring many of our own gaming machines."

About Chilco

Chilco River Holdings is a Peruvian-based, US listed gaming company trading on the OTCBB under the symbol CRVH. CRVH develops, manufactures, and sells its own line of low-priced, proprietary slot machines that are licensed in Venezuela, Columbia, Chile and Peru. The company is also involved in the development of software such as a Spanish and Chinese language interactive poker websites as well as a wireless poker gaming station for use in casinos. CRVH recently reached a $10,000,000 funding agreement with Chung Lien Investment Management Limited to use perfecting the newly renovated Miramar hotel and casino which is owned and operated by Chilco River Holdings. The Miramar is one of only seven licensed casinos in all of Peru.

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