IGT, Acres Gaming Consummate Merger

28 October 2003

RENO, Nevada -- (Press Release) --International Game Technology and Acres Gaming jointly announced today the filing of Articles of Merger with the Nevada Secretary of State to consummate the previously announced planned merger, pursuant to which Acres became a wholly-owned subsidiary of IGT in a cash-for-stock merger. Pursuant to the merger, stockholders of Acres will receive cash in an amount equal to $11.50 per share of common stock.

Acres Gaming stock ceased to trade on the NASDAQ effective as of the close of trading on Monday, October 27, 2003. Stock certificates of Acres now represent only the right to receive $11.50 per share in cash. IGT's paying agent, The Bank of New York, will distribute a Letter of Transmittal to the stockholders of Acres with instructions on how stockholders may receive their merger consideration. Questions regarding how to surrender stock certificate(s), or to request additional copies of the Letter of Transmittal, should be addressed to The Bank of New York at (800) 507-9357.


Related Links
IGT - International Game Technology
International Game Technology

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