NET ENTERTAINMENT: NET ENTERTAINMENT SIGNS UP YET ANOTHER TIER 1 OPERATOR

Net Entertainment has signed a license agreement with yet another Tier 1
operator for the delivery of its award winning CasinoModule.

The operator, who at this point would like to remain anonymous, is one of the
worlds leading sports betting and online gaming companies serving over 1
million players in over 160 countries.

“Given the size of our business it is crucial for us to work with stable
software providers with a flexible business operation. Our casino is a core
part of our offering hence it is very satisfying to have sealed a strategic
partnership with Net Entertainment. The CasinoModule will not only provide us
with market leading games but also with a state of the art back-end management
system. This will give us the competitive edge we need to take our business to
a new level” says a representive from the company.

“We are delighted to have sealed an agreement with another well known and
recognised operator. This agreement is further evidence of Net Entertainments
ability to attract high end licensees to its client base” says Johan Öhman, CEO
at Net Entertainment.

The parties strive to launch Net Entertainments CasinoModule before the end of
the fourth quarter.

Johan Öhman continues; “July/August 2008 have been successful months for Net
Entertainment. Not only have we managed to sign this agreement but also with
two other high profile operators. This further underscores the strength of our
product offering”.

More information about this latest operator will be provided closer to launch
of the casino.

Net Entertainment develops digitally distributed systems for Internet gaming.
The core product, CasinoModule™, is a complete gaming platform that comprises a
high number of browser based games as well as a powerful administration tool.
Customers are offered a system solution that is adapted to each customer and is
easily integrated with their existing websites. Net Entertainment licenses the
CasinoModule™ on a royalty basis based on the revenues the product generates.
Net Entertainment is listed on the Nordic Growth Market (NET-B). More
information about Net Entertainment is available on www.netent.com.

For more information please contact;
Johan Öhman, CEO Net Entertainment; Phone +46 8 55 69 67 05, Cell; +46 70 486
77 15,
johan.ohman@netent.com