Pacific Lottery Corporation

Pacific Lottery Corporation

November 30, 2006 19:23 ET

Oceanic Greystone Securities Inc., a Company Controlled by Richard W. Devries Announces Acquisition of Additional Shares of Pacific Lottery Corporation in the Public Market

Richard W. DeVries Is a Director of Pacific Lottery Corporation

FREEPORT, GBI, THE BAHAMAS--(CCNMatthews - Nov. 30, 2006) - Oceanic Greystone Securities Inc. and Richard W. DeVries jointly announce that Oceanic Greystone Securities Inc., a corporation controlled by Mr. Richard W. DeVries, a director of the Pacific Lottery Corporation (TSX VENTURE:LUK) (the "Corporation") acquired ownership of and control on November 17, 2006 of 3,140,500 common shares or 4.2% of the issued and outstanding common shares of the Issuer. These common shares were acquired in the public market through the facilities of the TSX Venture Exchange at an average price of $0.3999 per common share.

Following this acquisition, Richard W. DeVries owns or directly controls 21,970,333 common shares of the Corporation, or 29.39% of the issued and outstanding common shares of the Corporation. Mr. DeVries also controls warrants (through Oceanic Greystone Securities Inc.) to purchase an additional 2,000,000 common shares and owns personal options to purchase an additional 600,000 common shares of the Corporation.

Oceanic Greystone Securities Inc. acquired the aforesaid 3,140,500 common shares of the Corporation for investment purposes. Mr. DeVries advises that he has no present intention to acquire ownership of, or control over, additional securities of the Corporation at this time except in respect of the possible exercise of outstanding warrants and options.

The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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