CRYP Cryptologic Limited (MM)

CryptoLogic Limited (TSX: CRY)(TSX: CXY)(NASDAQ: CRYP)(LSE: CRP) announced today that on the morning of Thursday, November 5, 2009 (before the market opens in Toronto, Canada), the company will release its financial results for third quarter 2009.

Brian Hadfield, President and CEO of CryptoLogic, cordially invites you to participate in the company's analyst/shareholder conference call to be held on November 5, 2009 at 1:30 p.m. (GMT) 8:30 a.m. (EST time). A live webcast of the call will also be available. Management will review the financial results for the third quarter 2009 and discuss recent developments to be followed by a question and answer period.

Conference Call
---------------

           Date:                        Thursday, November 5, 2009
           Time:                        8:30 a.m. Toronto Time (EST)
           Local Dial-In Number:        416-340-8410
           Toll Free North America:     1-800-766-6630
           Toll Free International:     (Country Code) 800-4222-8835

To participate, please call five to ten minutes prior to the 8:30 a.m. start of the teleconference. This conference call will be recorded and available for replay approximately one hour after the completion of the call, up until midnight (EST time) November 12, 2009. To listen to the replay, please dial 416-695-5800 or 1-800-408-3053, passcode 6421021#. A transcript of the call will also be made available on CryptoLogic's website at www.cryptologic.com under Investor Information.

Webcast

To access the live audio webcast, please go to www.cryptologic.com and click on Investor Information/Events, or http://events.digitalmedia.telus.com/cryptologic/110509/index.php prior to 8:30 a.m. Windows Media Player is required to listen to the webcast. If you do not have the player, a free download is available at www.microsoft.com. A rebroadcast of the webcast will be available for 120 days.

About CryptoLogic® (www.cryptologic.com)

Focused on integrity and innovation, CryptoLogic Limited is a leading public developer and supplier of Internet gaming software. Its leadership in regulatory compliance makes it one of the very few companies with gaming software that is certified to strict standards similar to land-based gaming. WagerLogic® Limited, a wholly-owned subsidiary of CryptoLogic, is responsible for the licensing of its gaming software and services to blue-chip customers that offer their games to non-U.S. based players around the world. For information on WagerLogic, please visit www.wagerlogic.com.

Contacts: CryptoLogic Limited Maureen Lockett (416) 545-1455 x 5734 investor.relations@cryptologic.com