Pacific Lottery Corporation

Pacific Lottery Corporation

April 07, 2011 19:09 ET

Pacific Lottery Corporation Additional Information

CALGARY, ALBERTA--(Marketwire - April 7, 2011) - Pacific Lottery Corporation (the "Corporation") (TSX VENTURE:LUK)(FRANKFURT:PCF) provides the following information:

That prior to its news release of March 15, 2011, the Corporation was actively engaged in responding to specific requests for additional information and clarification from the TSX Venture Exchange (the "Exchange"), upon a review by the Exchange. During this review the Corporation cooperated fully with the Exchange and submitted numerous replies in response to the Exchange's multiple letters of query, all in order to attempt to comply completely with the requests of the Exchange. Over the course of time the Corporation and its board of directors determined that it would be unproductive to continue with the on going dialogue with the Exchange and that it would be more cost effective to seek an alternative listing for the Corporation's shares. The Corporation advised the Exchange of this determination and asked the Exchange to de-list its shares. Following this, the Exchange changed the trading status of the Corporation's shares from halt to suspend. Subsequently, the Exchange has advised that, barring further changes, the Corporation's shares will be de-listed after the market close on Friday, April 29, 2011. Meanwhile the Corporation continues to actively explore alternative listings opportunities for its shares.

About Pacific Lottery Corporation:

Pacific Lottery Corporation is engaged in the provision of comprehensive computerize on-line lottery technology and related professional services for delivery to international customers.

For further information, please visit our website at:

SEC 12g exemption 82-4832

This release contains forward-looking statements within the meaning of the Private Securities Litigation Act of 1995. Investors are cautioned that such forward-looking statements involve risk and uncertainties, which could cause actual results, performance or achievements of the Company, or industry results to differ materially from those reflected in the forward-looking statements. Forward-looking statements are based on the current expectations, projections and opinions of the Company's management, and the Company undertakes no obligation to publicly release the results of any revisions to such forward-looking statements which may be made, for example to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has in any way approved or disapproved of the contents of this press release.

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