Intralot S.A.

Quarterly Report • Oct 1, 2015

Company's Name: INTRALOT S.A. Board of Directors: Chairman - Socrates P. Kokkalis

Public Companies (S.A.) Reg. No.: 27074/06/Β/92/9 Vice-Chairman and CEO - Constantinos G. Antonopoulos

Domicile: 64 Kifissias Av. & 3 Premetis Str., Marousi. Member - Andreas V. Papoulias Regulatory Authority: Ministry of Development Member - Fotios Th. Mavroudis Date of incorporation: 31/7/1992 Member - Dimitrios Ch. Klonis Core Activity: Integrated Lottery Systems and Services Member - Dimitrios C. Chatzigrigoriadis Financial Statements approval date : March 18th , 2008 Member - Anastasios M. Tsoufis Web Site: www.intralot.com Member - Petros S. Kokkalis Auditor Firm: S.O.L S.A. Reg.No /S.O.E.L. 125 Member - Phivos Ch. Chatzis Certified Auditor : George A.Karamichalis Reg.No/S.O.E.L 15931 Type of Auditor's Report: Unqualified

1. CONDENSED BALANCE SHEET GROUP / COMPANY 2. CONDENSED INCOME STATEMENT GROUP / COMPANY

	31/12/2007	31/12/2006	31/12/2007	31/12/2006		01/01- 31/12/2007	01/01- 31/12/2006	01/01- 31/12/2007	01/01- 31/12/2006
ASSETS					Sale Proceeds	835.493	791.448	176.036	231.115
Non-Current Assets	384.508	209.623	233.022	168.091	Less: Cost of Sales	-531.570	-473.467	-100.908	-97.019
Inventories	48.739	25.034	43.675	20.573	Gross Profit / (Loss)	303.923	317.981	75.128	134.096
Trade Accounts Receivable	139.394	90.558	165.566	116.985
Other assets	284.753	467.902	57.618	242.016	Other Income	26.267	2.987	155	107
TOTAL ASSETS	857.394	793.117	499.881	547.665	Selling Expenses	-33.769	-37.824	-7.763	-8.433
					Admininstrative Costs	-65.507	-50.449	-23.022	-21.876
LIABILITIES					Research and Development Costs	-9.687	-9.192	-9.560	-9.208
Long-term Liabilities	335.160	310.004	266.627	265.997	Other Operating Expenses	-1.364	-1.375	0	0
S-term Borrowing and Current Portion of L-T Debt	37.501	44.796	0	32.000	EBIT	219.863	222.128	34.938	94.686
Other Short-term Liabilities	115.702	148.265	49.878	89.255
Total Liabilities (a)	488.363	503.065	316.505	387.252	EBITDA	253.578	243.277	44.300	102.177
Share Capital	47.683	29.154	47.683	29.154
Other Equity components	228.113	174.722	135.693	131.259	Interest and similar charges	-30.540	-13.435	-16.348	-6.174
Total Shareholders Equity (b)	275.796	203.876	183.376	160.413	Interest and related income	29.106	19.976	59.148	11.211
Minority Interest (c )	93.235	86.176	0	0	Exchange differences	-9.924	-5.031	1.157	-2.052
Total Equity (d)= (b)+(c )	369.031	290.052	183.376	160.413	Operating Profit / (Loss) before tax	208.505	223.638	78.895	97.671
TOTAL EQUITY AND LIABILITIES (a) + (d)	857.394	793.117	499.881	547.665	Less taxes:	-43.820	-63.507	-16.213	-34.504
					Net Profit / Loss from Continuing Operations (a)	164.685	160.131	62.683	63.167
3. CONDENSED STATEMENT OF CHANGES IN EQUITY GROUP / COMPANY					Net Profit / Loss from Discontinuing Operations (b)	0	0	0	0
	GROUP		COMPANY		Net Profit / Loss (Continuing and Discontinuing Operations) (a) + (b)	164.685	160.131	62.683	63.167
			31/12/2007 31/12/2006 31/12/2007 31/12/2006
Net equity at the beginning of the year (01.01.2007 and 01.01.2006 respectively)	290.052	201.239	160.413	119.622	Attributable to:
Profit for the year after taxes	164.685	160.131	62.683	63.167	Equity holders of the parent	112.301	104.573	62.683	63.167
Share Capital Increase / (Decrease)	9.435	9.619	6.756	9.619	Minority Interest	52.384	55.558	0	0
Dividends Distributed	-112.440	-70.028	-53.399	-58.000	Earnings after taxes per share
Net Amounts Effected Directly Equity	17.299	-10.909	6.923	26.005	basic (€)	0,71	0,67	0,40	0,40
Net Equity at the end of the year (31/12/2007 and 31/12/2006 respectively)	369.031	290.052	183.376	160.413	diluted (€)	0,71	0,67	0,40	0,40
					proposed dividend per share (€)	0,33	0,33	0,33	0,33

		31/12/2007 31/12/2006 31/12/2007 31/12/2006
Net equity at the beginning of the year (01.01.2007 and 01.01.2006 respectively)	290.052	201.239	160.413	119.622	Attributable to:
Dividends Distributed	-112.440	-70.028	-53.399	-58.000	Earnings after taxes per share
Net Equity at the end of the year (31/12/2007 and

Supplementary information 4. CONDENSED CASH FLOW STATEMENT GROUP/COMPANY

	GROUP COMPANY					GROUP
	31/12/2007	31/12/2006	31/12/2007	31/12/2006		01/01- 31/12/2007	01/01- 31/12/2006	31/12/2007
ASSETS					Sale Proceeds	835.493	791.448	176.036
Non-Current Assets	384.508	209.623	233.022	168.091	Less: Cost of Sales	-531.570	-473.467	-100.908
Inventories	48.739	25.034	43.675	20.573	Gross Profit / (Loss)	303.923	317.981
Trade Accounts Receivable	139.394	90.558	165.566	116.985
Other assets	284.753	467.902	57.618	242.016	Other Income	26.267	2.987
TOTAL ASSETS	857.394	793.117	499.881	547.665	Selling Expenses	-33.769	-37.824
					Admininstrative Costs	-65.507	-50.449
LIABILITIES					Research and Development Costs	-9.687	-9.192
Long-term Liabilities	335.160	310.004	266.627	265.997	Other Operating Expenses	-1.364	-1.375
S-term Borrowing and Current Portion of L-T Debt	37.501	44.796	0	32.000	EBIT	219.863	222.128
Other Short-term Liabilities	115.702	148.265	49.878	89.255
Total Liabilities (a)	488.363	503.065	316.505	387.252	EBITDA	253.578	243.277	44.300
Share Capital	47.683	29.154	47.683	29.154
Other Equity components	228.113	174.722	135.693	131.259	Interest and similar charges	-30.540	-13.435	-16.348
Total Shareholders Equity (b)	275.796	203.876	183.376	160.413	Interest and related income	29.106	19.976
Minority Interest (c )	93.235	86.176	0	0	Exchange differences	-9.924	-5.031
Total Equity (d)= (b)+(c )	369.031	290.052	183.376	160.413	Operating Profit / (Loss) before tax	208.505	223.638	78.895
TOTAL EQUITY AND LIABILITIES (a) + (d)	857.394	793.117	499.881	547.665	Less taxes:	-43.820	-63.507	-16.213

COMPANY	BASE		DIRECT PART/TION (%)	INDIRECT PART/TION (%)	Operating Activities
BETTING COMPANY SA	N. Iraklion, Attica	5.	95,00%	5,00%	Plus /Less adjustments for:
POLLOT Sp.zo.o	Warsaw, Poland		100,00%		Plus/ Less adjustments of WC to net cash or related to operating activities:
ΜALTCO LOTTERIES LTD	Valetta, Malta		73,00%
YUGOBET LTD	Belgrade, Serbia	2.		100,00%
BILOT EOOD	Sofia, Bulgaria	2.		100,00%	(Less):
INTRALOT OPERATIONS LTD	Nicosia, Cyprus	5.		100,00%	Investing Activities
UNICLIC LTD	Nicosia, Cyprus	2.		50,00%	Financing Activities
SERVICIOS TRANSDATA SA	Lima, Peru	14.		100,00%	for the year (a) + (b) + (c )
GAMING SOLUTIONS INTERNATIONAL SAC	Lima, Peru	16.		99,00%	5. There are no real liens.
GAMING SOLUTIONS INTERNATIONAL LTD	Bogota, Colombia	2.	99,00%	1,00%
INTRALOT BEIJING Co LTD NAFIROL SA	Beijing, China Montevideo, Uruguay	2.	100,00%	100,00%	concerning betting games at pre-determined yield.
INTRALOT NEW ZEALAND LTD	Wellington, New Zealand		100,00%
	Hertfordshire, United
WHITE EAGLE INVESTMENTS LTD	Kingdom	2.		100,00%	company's accounting books and other information.
INTRALOT ASIA PACIFIC LTD	Hong Kong, Hong Kong		100,00%		8. There are no legal issues with contingent material effect on the financial position of the Group.
INTRALOT SOUTH AFRICA LTD	Johannesburg, S. Africa		72,95%		2006, the personnel employed by the Company and the Group were 419 and 3.453 respectively.
INTRALOT LUXEMBOURG SA	Luxembourg, Luxembourg		100,00%
TECNO ACCION S.A.	Buenos Aires, Argentina		50,01%
INTRALOT ARGENTINA SA		17.	99,00%	1,00%
	Buenos Aires, Argentina				respectively.
LEBANESE GAMES S.A.L. VENETA SERVIZI SRL	Lebanon Mogliano Veneto, Italy	2. 18		99,99% 85,00%
II. Equity Method:
BILYONER INTERAKTIF HIZMELTER AS (former LIBERO INTERAKTIF	Istanbul, Turkey
AS)			25,00%		18337/11-1-2008 of the Ministry of Development.
LOTRICH INFORMATION Co. LTD	Taipei, Taiwan		40,00%
INNOVATIVE SOL. CONS. GROUP INC	Manila, Philippines		37,38%
TOTAL GAMING TECHNOLOGIES INC	Manila, Philippines	12.		29,90%
GIDANI LTD NANUM LOTTO	Johannesburg, S. Africa Korea	13.	15,00%	16,41%
					software of the games by OPAP S.A.
					popular sports betting game "Iddaa" for up to one year.

1. The companies included in the consolidation, with the relevant addresses and the relevant participation percentages are the following:						GROUP		COMPANY
I. Full Consolidation						1/1- 31/12/2007	1/1- 31/12/2006	1/1- 31/12/2007	1/1- 31/12/2006
COMPANY	BASE		DIRECT PART/TION (%)	INDIRECT PART/TION (%)	Operating Activities
INTRALOT SA	Maroussi, Attica		Parent	Parent	Net Profit before Taxation	208.505	223.638	78.895	97.671
BETTING COMPANY SA	N. Iraklion, Attica	5.	95,00%	5,00%	Plus /Less adjustments for:
BETTING CYPRUS LTD	Nicosia, Cyprus	10.		100,00%	Depreciation and Amortization	33.715	21.002	9.362	7.491
INTRALOT DE CHILE SA	Santiago, Chile		99,99%		Provisions	889	-8.397	65	6.073
INTRALOT DE PERU SAC	Lima, Peru		99,98%		Exchange rate differences	10.361	-12.147	0	0
INTRALOT INC.	Atlanta, USA		85,00%		Results from Investing Activities	4.512	19.746	-44.044	1.070
INTRALOT BETTING OPERATIONS (CYPRUS) LTD	Nicosia, Cyprus		54,95%		Debit Interest and similar expenses	30.645	9.624	16.348	6.174
ROYAL HIGHGATE LTD	Paralimni, Cyprus	1.	3,82%	29,39%	Credit Interest	-29.106	-19.465	-7.933	-790
POLLOT Sp.zo.o	Warsaw, Poland		100,00%		Plus/ Less adjustments of WC to net cash or related to operating activities:
ΜALTCO LOTTERIES LTD	Valetta, Malta		73,00%
ΙΝTRALOT HOLDINGS INTERNATIONAL LTD	Nicosia, Cyprus		100,00%		Decrease/(increase) of Inventories	-23.280	-14.769	-23.103	-12.712
LOTROM SA	Bucharest,Romania	2.		60,00%	Decrease/(increase) of Receivable Accounts	-78.402	8.341	-48.580	-25.909
YUGOLOT LTD	Belgrade, Serbia	2.		100,00%	(Decrease)/increase of Payable Accounts (except Banks)	-32.732	9.102	-23.155	2.360
YUGOBET LTD	Belgrade, Serbia	2.		100,00%
BILOT EOOD	Sofia, Bulgaria	2.		100,00%	(Less):
EUROFOOTBALL LTD	Sofia, Bulgaria	3.		49,00%	Interest Paid and similar expenses paid	19.667	8.880	10.783	6.174
EUROFOOTBALL PRINT LTD	Sofia, Bulgaria	4.		49,00%	Income Tax Paid	55.163	55.651	34.299	23.953
INTRALOT INTERNATIONAL LTD	Nicosia, Cyprus	2.		100,00%	Net Cash from Operating Activities (a)	50.277	172.144	-87.227	51.301
INTRALOT OPERATIONS LTD	Nicosia, Cyprus	5.		100,00%	Investing Activities
INTRALOT BUSINESS DEVELOPMENT LTD	Nicosia, Cyprus	2.		100,00%	Purchases of subsidiaries, associates and other investments	-12.865	-76.168	-23.346	-78.273
INTRALOT TECHNOLOGIES LTD	Nicosia, Cyprus	2.		100,00%	Purchases of tangible and intangible assets	-98.878	-21.836	-8.345	-6.588
INTELTEK INTERNET AS	Istanbul, Turkey	15.	20,00%	25,00%	Proceeds from sales of tangible and intangible assets	1.442	-319	0	0
LOTERIA MOLDOVEI SA	Chisinau, Moldova		47,90%		Interest received	28.843	19.270	7.933	790
TOTOLOTEK SA	Warsaw, Poland	6,7,8		57,94%	Proceeds from long-term receivables	-64.246	-2.735	-40.985	0
BETA RIAL Sp.Zoo	Warsow, Poland	2.		100,00%	Dividends received	8	0	51.215	10.421
YUVENGA CJSC	Moscow, Russia	9.		24,50%	Net Cash from Investing Activities (b)	-145.696	-81.788	-13.528	-73.650
UNICLIC LTD	Nicosia, Cyprus	2.		50,00%	Financing Activities
DOWA LTD	Nicosia, Cyprus	9.		30,00%	Cash inflows from Share Capital Increase/Share Premium deposits	7.566	9.619	6.756	9.619
ΙNTRALOT EGYPT LTD	Nicosia, Cyprus	2.		88,24%	Cash inflows from loans	74.427	294.262	0	291.348
E.C.E.S. SAE	Cairo, Egypt	11,2.		75,01%	Repayment of loans	-56.438	-14.331	-37.000	0
INTRALOT OOO	Moscow, Russia	2.		100,00%	Repayment of Leasing Obligations	-845	671	0	0
POLDIN LTD	Warsaw, Poland		100,00%		Dividends paid	-112.440	-70.028	-53.399	-58.000
INTRALOT AUSTRALIA PTY LTD	Melbourne, Australia		100,00%		Net Cash from Financing Activities (c )	-87.730	220.193	-83.643	242.967
INTRALOT ITALIA SRL	Rome, Italy	2.		85,00%	Net increase / (decrease) in cash and cash equivalents	-183.149	310.549	-184.398	220.618
SERVICIOS TRANSDATA SA	Lima, Peru	14.		100,00%	for the year (a) + (b) + (c )
INTRALOT IBERIA SAU	Madrid, Spain		100,00%		Cash and cash equivalents at the beginning of the year	467.902	157.353	242.016	21.398
INTRALOT IBERIA HOLDINGS SA	Madrid, Spain		100,00%		Cash and cash equivalents at the end of the year	284.753	467.902	57.618	242.016

2: Intralot Holdings International Ltd	8: Beta Rial Sp.Zoo.	14: Intralot Operations Ltd	a) Sales of goods and services
5: Ιntralot International Ltd	11: Ιntralot Egypt Ltd	17: Intralot de Chile SA	b) Purchases of goods and services

Subsidiary of the company:					31/12/2007		31/12/2006
1: Intralot Betting Operations(Cyprus)Ltd	7: White Eagle Investments Ltd	13: Intralot South Africa Ltd	Amounts reported in thousands of €	Group	Company	Group	Company
2: Intralot Holdings International Ltd	8: Beta Rial Sp.Zoo.	14: Intralot Operations Ltd	a) Sales of goods and services
3: Bilot EOOD	9: Uniclic Ltd	15: Intralot Iberia Holdings SA	-to subsidiaries	-	112.303	-	181.935
4: Eurofootball Ltd	10: Betting Company SA	16: Nafirol SA	-to other related parties	39.186	10.185	23.600	25.895
5: Ιntralot International Ltd	11: Ιntralot Egypt Ltd	17: Intralot de Chile SA	b) Purchases of goods and services
6: Pollot Sp.Zoo	12: Innovative Sol.Cons Group Inc	18:Intralot Italia SRL	-from subsidiaries	-	11.903	-	13.191
			-from other related parties	67.765	54.266	46.549	38.434
			c) Receivables
2. The same accounting policies and methods of computation have been adopted as compared with the previous year's annual consolidated			-from subsidiaries	-	133.755	-	62.336
financial statements (December 31, 2006).			-from other related parties	83.899	19.871	47.151	43.706
3. The companies included in the consolidation of 31/12/2007 and not in the consolidation of 31/12/2006 due to subsequent acquisition are the			d) Payables
following: INTRALOT IBERIA SAU, INTRALOT IBERIA HOLDINGS SA, TECNO ACCION SA, GAMING SOLUTIONS INTERNATIONAL LTD, GAMING			-to subsidiaries	-	7.286	-	5.661
SOLUTIONS INTERNATIONAL SAC, INTRALOT BEIJING CO LTD, NAFIROL SA, INTRALOT ARGENTINA SA, LEBANESE GAMES SAL, VENETA			-to other related parties	21.657	14.498	43.385	40.111
SERVIZI SRL,NANUM LOTTO. Instant Lottery Group SA is not consolidated this year on the contrary to the previous one due to the sale of the			e) BoD and Key Management Personnel transactions and fees	3.740	6.775	16.781	13.011
participation.			f) BoD and Key Management Personnel receivables	46	-	17	-
4. The parent company has not undergone tax authorities fiscal control for the year 01/01-31/12/2007, while a fiscal control is currently under			g) BoD and Key Management Personnel payables	308	-	206	-

Maroussi, March 18th, 2008

1. Proposed dividend per share amounts to € 0,33 (it has already been distributed preliminary dividend of € 0,15 residual dividend of € 0,18).

INTEGRATED LOTTERY SYSTEMS AND SERVICES

THE CHAIRMAN OF	THE VICE-CHAIRMAN OF THE	THE GENERAL DIRECTOR OF FINANCE	THE ACCOUNTING DIRECTOR
THE BOARD OF DIRECTORS	BOARD OF DIRECTORS AND CEO	AND BUSINESS DEVELOPMENT
S. P.KOKKALIS ID. No Π 695792	C.G. ANTONOPOULOS ID. No. M 102737	I. O. PANTOLEON ID. No. Σ 637090	E.N. LANARA ID. No. AB 606682 H.E.C. License No. 133/A' Class

Condensed Notes and information of Group and Company for the year ended 31 December 2007 (published according to Law 2190, article 135 for companies preparing financial consolidated statements, consolidated and stand alone, according to IFRS)

All following data and information aim to provide a general briefing for the financial position and the results of INTRALOT Group. Therefore, it is recommended to any reader who is willing to proceed to any kind of investment decision or transaction, moreover to obtain a more complete picture of these financial position and results, to visit INTRALOT web site (www.intralot.com) where the Annual Condensed Financial Statements, as they are prepared according to IFRS, are posted, accompanied by the Auditors Opinion. Amounts reported in thousands €

1. The parent company has not undergone tax authorities fiscal control for the year 01/01-31/12/2007, while a fiscal control is currently under process for the year 01/01-31/12/2006. The rest companies that are included in the consolidation have not undergone tax authorities fiscal control for the last one to five years.

2. In the Liabilities section in the account "Long Term Liabilities" the amount of € 5,6 mil is included as a provision for contingent excess cost concerning betting games at pre-determined yield. 7. The company holds dominant influence in Loteria Moldovei SA, and for that purpose Loteria Moldovei SA is consolidated with the Full Consolidation Method. Inteltek Internet AS is also included in the consolidation with the Full Consolidation Method, since the Group holds dominant influence in the company's financing and operating activities, as well as in the determination of its internal procedures. Furthermore, the Group has access in the

company's accounting books and other information. 8. There are no legal issues with contingent material effect on the financial position of the Group.

1. The personnel employed by the Company and the Group as at the end of the year 2007 were 482 and 4.056 respectively. As at the end of the year

2006, the personnel employed by the Company and the Group were 419 and 3.453 respectively. 10. According to the decision of shareholders' General Assembly on October 24th, 2007, the share capital (Ministry of Development Decision K2- 15700/31-10-2007) was increased by € 18.122.611,03 through the capitalization of reserves and the increase of the nominal value of the share of the company by € 0,23 and by the same aforementioned resolution , it was resolved to decrease the nominal value of each share by € 0,60 το € 0,30 and to issue 78.793.961 new shares nominal value of € 0,30 each ,which were distributed freely, one new share for each existing one respectively.

Following the share option, during 2007, the share capital was increased A) € 1242 with the issue of 4.140 nominal shares with a nominal value of € 0,30 each. Payment of this amount was confirmed by the Board of Directors on 19/12/2007 while the share capital increase and confirmation of this amount were approved by decisions K2- 18339/11-1-2008 and K2-18338/11-1-2008 of the Ministry of Development and B) € 405.009,30 with the issue of 1.350.031 nominal shares with a nominal value of € 0.30 each. Payment of this amount was confirmed by the Board of Directors on 19/12/2007 while the share capital increase and confirmation of this amount were approved by decisions K2- 18340/11-1-2008 and K2- 18337/11-1-2008 of the Ministry of Development.

1. Intralot Group has reached an agreement with OPAP SA with a starting date July 31st, 2007.In the context of this agreement, the Group will provide OPAP SA services that concerns the support of the game "Pame Stihima" with the addition of new betting products and the rendering of updated services of business and technical support as well as and the provision of 29.400 terminals. The contract value for the provision of the equipment, the transfer of know-how and the provision of support services for the betting game amounts to € 96,5 millions. In addition, the agreement includes the terms and the cost for the provision of maintenance services, technical support and operation for the entire IT infrastructure and the rights to the

software of the games by OPAP S.A. 12. The Group, through a subsidiary in Turkey, signed a contract with the Turkish State Organization, Spor Toto, to continue the operation of the popular sports betting game "Iddaa" for up to one year.

13.The Group has acquired on 05/01/07 the 50,01% of the Techno Accion SA company which is based in Argentina, for the amount of € 8.225 thd 14. The amounts of sales, purchases of goods and services, accounts receivables and liabilities of the Company and the Group with related parties are analyzed as following:

INTRALOT S.A.