RNS Number : 3819L
  AsianLogic Limited
  09 January 2009
   

    
    

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

Transaction in own Shares 

    AsianLogic, a diversified Asia-Pacific online and land-based gaming company, announces that on 8 January 2009 it purchased 2,800,000
ordinary shares for 27p per share representing 3.12 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 23,506,569 ordinary shares as treasury shares. The total number of
ordinary shares in issue (excluding shares held as treasury shares) is 86,749,181.


    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
 
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