Corporacion Meier S.A.C. Announces Peruvian Courts Accept a Claim for Damages against Aristocrat Group for the Amount of 41 Million Dollars.

SAN ISIDRO, Peru -- Dr. Alberto Otarola, Corporacion Meier Attorney stated:

By means of Court Decree # 01 given on April 13th, 2005, the Judicial Power of Peru, through its Fourth Civil Court in and for the City of Trujillo, has just admitted a claim filed against ARISTOCRAT TECHNOLOGIES INC and ARISTOCRAT INTERNATIONAL PTY, LIMITED, in the matter of resolution of contract due to breach of contract, caused by the non payment of obligations and indemnification against damages and losses, for the amount of 41'862,394 (Forty One Million Eight Hundred Sixty Two Thousand Three Hundred and Ninety Four US Dollars).

The above mentioned claim has been filed by the Peruvian company CORPORACION MEIER S.A.C., a Peruvian Corporation duly incorporated under the laws of the City of Trujillo, capital of Libertad Department.

The claim refers to the 3,000 refurbished slot machines sold to Corporacion Meier S.A.C. by Aristocrat, in the month of December 2001, which were included in the profits that Aristocrat registered in its financial statements as of year 2001.

This claim demands the resolution and non-performance of the effective contracts, because of non compliance with the contract due to fraud and inexcusable fault of the part of Aristocrat Group, for the failure to comply with the established contractual obligations, causing with these serious damages to the plaintiff Peruvian company.

Peruvian Justice Defends Truth and Rights

It is important to point out that the Peruvian Courts have various proceedings against the Aristocrat Group. Most of them are being resolved in strict compliance of the truth and law, therefore establishing clear precedents in regard to the respect that foreign companies must have before the country's laws and regulations where they operate.

Thus, in every proceeding brought up against the Aristocrat Group, the Peruvian Judges have agreed with Corporacion Meier S.A.C., which builds up a solid position in respect to the behaviour of the defendant, which, by the way does not have a commercial office in Peru, and it is not registered in the Ministry of Commerce and Tourism, a requirement that is mandatory to legally operate in Peru. This fact also allows them to avoid taxes.

Lawsuits

By means of Decree # 03, dated November 2nd, 2004, the Fourth Civil Court of Trujillo, admitted the request made by Corporacion Meier S.A.C. and Persolar S.A.C. to file a precautionary measure, ordering the suspension of the obligations, and other terms arising to the agreements executed by both companies with Aristocrat Group. The case is being served at the Second Civil Court Division in Trujillo.

Through Resolution # 05, dated April 18th, 2005, the Second Civil Court in Trujillo, declared grounded the amparo (restraining order) filed by Corporacion Meier S.A.C. and Persolar S.A.C.. Therefore, the contractual clauses that affected the plaintiffs were declared inapplicable. Also, it was ordered to file the arbitration proceedings that the defendants were trying to bring up before Lima Chamber of Commerce.

Likewise, the companies Corporacion Meier S.A.C. and Persolar S.A.C., in legitimate defense of their own interests, have also taken actions in the jurisdictions of Nevada, USA and Sydney, Australia, with the support of well-known law firms, which have conducted the claims and who are in charge of giving course to the accusations before the corresponding authorities, in respect to the illegal practices of the Aristocrat Group in the Latin American market.

We should also take into account that the threatening attitude assumed by the Aristocrat Group before the Peruvian Courts and media, by using groundless claims supported by a millionaire campaign on the media and with unexpected results for them; has caused the rejection and indignation of both the judiciary and the journalists.