ISLE Isleworth Healthcare Acquisition Corporation

Isle of Capri Casinos, Inc. Announces Agreement With Eighth Wonder BILOXI, Miss., May 10 /PRNewswire-FirstCall/ -- Isle of Capri Casinos, Inc. (NASDAQ:ISLE) announced today it has signed a management agreement with resort developer Eighth Wonder to manage a casino included in Eighth Wonder's proposal for a new integrated resort complex in Singapore. Terms of the agreement were not disclosed. The agreement follows the decision of the Government of Singapore to request proposals from a select list of finalists bidding to develop an integrated resort in Singapore on one of two sites located in the south marina district and on Sentosa Island. Isle of Capri is part of a high-powered team that includes Eighth Wonder, a Las Vegas privately held company whose company founder, Mark Advent, created the highly successful $465 million New York New York Hotel & Casino in Las Vegas, and global hospitality giant Starwood Hotels & Resorts, whose brands include the W, Sheraton, St. Regis and Westin hotels. The Eighth Wonder proposal calls for an estimated $1.7 billion investment. "Isle is extremely pleased to partner with both Mark Advent and Starwood Hotels. This partnership validates our efforts to bring high-quality gaming and hospitality to markets across the world," said Bernard Goldstein, Chairman and Chief Executive Officer of Isle of Capri Casinos. "We look forward to presenting an exciting proposal along with the Eighth Wonder consortium that highlights our reputation as a proven casino hotel operator with a strong track record of providing quality entertainment venues that exceed customer expectations." "In searching for the right partners, we wanted a casino operator that could match the level of creativity, sophistication and customer service we envision for our Singapore integrated resort project," said Mark Advent. "Isle of Capri was the obvious choice as we embark on developing one of the finest entertainment destinations in the world." CONTACT: Isle of Capri Casinos, Inc. Allan B. Solomon, Executive Vice President - 561.995.6660 Rex Yeisley, Chief Financial Officer - 228.396.7052 Les McMackin, Senior Vice President - 228.396.7054 Web site: http://www.islecorp.com/ CONTACT: Eighth Wonder Mark Advent, Chairman - 702-210-9963 Other Isle of Capri Casinos, Inc. press releases and a corporate profile are available at http://www.prnewswire.com/ . Isle of Capri Casinos, Inc.'s home page is http://www.islecorp.com/ . "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Isle of Capri Casinos' business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year. About Isle of Capri Casinos, Inc. Isle of Capri Casinos, Inc., a leading developer and owner of gaming and entertainment facilities, operates 15 casinos in 13 locations. The company owns and operates riverboat and dockside casinos in Biloxi, Vicksburg, Lula and Natchez, Mississippi; Bossier City and Lake Charles (two riverboats), Louisiana; Bettendorf, Davenport and Marquette, Iowa; and Kansas City and Boonville, Missouri. The company also owns a 57 percent interest in and operates two land-based casinos in Black Hawk, Colorado. Isle of Capri's international gaming interests include a casino that it operates in Freeport, Grand Bahama, and a two-thirds ownership interest in casinos in Dudley, Walsal and Wolverhampton, England. The company also owns and operates Pompano Park Harness Racing Track in Pompano Beach, Florida. About Eighth Wonder Headquartered in Las Vegas, Eighth Wonder is a privately held company that conceives, designs and develops entertainment and leisure resorts, retail complexes and casinos around the world. Eighth Wonder is led by entertainment, leisure and gaming industry pioneer Mark Advent who is the Chairman of the company. His unique city design of New York New York Hotel & Casino inspired billions of dollars in city-themed developments along Las Vegas Boulevard, such as Paris Hotel & Casino, The Venetian Resort & Casino and The Orleans. Eighth Wonder is developing the $250,000,0000 retail and entertainment project in Las Vegas called East Village, which opens in 2007. About Starwood Hotels & Resorts Worldwide Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with more than 750 properties in more than 80 countries and 110,000 employees at its owned and managed properties. With internationally renowned brands, Starwood is a fully integrated owner, operator and franchisor of hotels and resorts including: St. Regis, The Luxury Collection, Sheraton, Westin, Four Points by Sheraton, W brands, as well as Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information, please visit http://www.starwood.com/ . http://www.newscom.com/cgi-bin/prnh/20020502/ISLELOGO http://photoarchive.ap.org/ DATASOURCE: Isle of Capri Casinos, Inc. CONTACT: Allan B. Solomon, Executive Vice President, +1-561-995-6660, or Rex Yeisley, Chief Financial Officer, +1-228-396-7052, or Les McMackin, Senior Vice President, +1-228-396-7054, all of Isle of Capri Casinos, Inc.; or Mark Advent, Chairman, Eighth Wonder, +1-702-210-9963 Web site: http://www.theislecorp.com/ http://www.starwood.com/

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