RNS Number : 7286K
  AsianLogic Limited
  24 December 2008
   




    AsianLogic Limited ("AsianLogic" or the "Company") 

Transaction in own Shares

    AsianLogic, a diversified Asia-Pacific online and land-based gaming company, announces that on 23 December 2008 it purchased 12,435,569
ordinary shares for 20.5p per share representing 12.2 per cent. of the Company's shares in issue. The purchased shares will all be held as
treasury shares.  

    The buyback of shares was carried out in accordance with the Company's share repurchase plan announced to the market on 10 December
2008. 

    Following the aforementioned purchase of shares, the Company holds 20,706,569 ordinary shares as treasury shares. The total number of
ordinary shares in issue (excluding shares held as treasury shares) is 89,549,181.

    ends
    
For further information contact: 

    AsianLogic
    +44 207 861 3232
    Tom Hall, Executive Vice Chairman

    Collins Stewart Europe Limited- Nominated Adviser and broker
    +44 207 523 8350
    Mark Connelly/Adam Cowen

    Bell Pottinger Corporate & Financial
    +44 207 861 3232
    David Rydell/Helen Tarbet/Samantha Boston
    
NOTES TO EDITORS

    About AsianLogic

    AsianLogic is a leading online and land-based gaming company focusing on the Asia-Pacific markets. The Company operates eight online
casino brands and four online poker rooms as well as land-based sportsbook operations through its MegaSportsWorld brand. It is a specialist
in Asia-specific games such as Mahjong, Cho-Da-Di, Do-Di-Zhu and 13 Card Poker. AsianLogic also owns and operates The Asian Poker Tour.

    The Company maintains a corporate advisory team specialising in the gaming sector which is an active investor in gaming-related
businesses as well as providing consultancy and analytical services. AsianLogic enjoys strong commercial relationships with leading gaming
providers including Playtech and LVS. 
    Founded as ESL in 2002, AsianLogic employs more than 300 people, the majority of whom are based in the Philippines.
    For more information visit: www.asianlogic.com or www.asianpt.com



This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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