BILOXI, Miss., Aug. 31 /PRNewswire-FirstCall/ -- Isle of Capri Casinos, Inc. (NASDAQ:ISLE) officials announced today the following update on the effects of Hurricane Katrina: The company has not been able to estimate the extent of damage to the Isle-Biloxi or to the new casino barge under construction there. However, it appears that these properties have suffered extensive damage. Isle of Capri has business interruption and property insurance covering the company's operations and assets. Isle of Capri is also in the process of assessing damage to its corporate offices in Biloxi, and is unable to determine at this time when those offices will re-open. In the interim corporate operations are being conducted from the Isle-Bossier City, La., as well as the company's corporate office in Boca Raton, Fla. The Isle-Natchez and Isle-Vicksburg, both in Mississippi, were also closed on Sunday, August 28, 2005 as a result of the hurricane and suffered no significant damage. The Isle-Natchez re-opened for business on August 30, and the Isle-Vicksburg expects to open when power to that property is restored. "It is too soon to tell all the effects on our Biloxi properties. Our focus right now is making sure that all of our employees and their families are safe. We have been a part of the Mississippi Gulf Coast for over 13 years, so our thoughts remain with all of our friends and family impacted by this storm," said President and Chief Operating Officer Tim Hinkley. The company is requesting that any Isle-Biloxi employee or Isle corporate employee please contact 1-800-843-4753. Contacts: Allan B. Solomon, Executive Vice President, 561.995.6660 Les McMackin, Senior Vice President of Marketing, 318.510.7649 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 (two casinos), 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. Web site: http://www.islecorp.com/ This press release may be deemed to contain forward-looking statements, which are subject to change. This project is subject to contingencies including receipt of all necessary licenses and permits. These forward-looking statements may be significantly impacted, either positively or negatively by various factors, including without limitation, licensing, and other regulatory approvals, financing sources, development and construction activities, costs and delays, permits, weather, competition and business conditions in the gaming industry. The forward-looking statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by the statements herein. Additional information concerning potential factors that could affect the company's financial condition, results of operations and expansion projects, is included in the filings of the Isle of Capri Casinos, Inc. with the Securities and Exchange Commission. 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 Les McMackin, Senior Vice President of Marketing, +1-318-510-7649, both of Isle of Capri Casinos Web site: http://www.islecorp.com/ Company News On-Call: http://www.prnewswire.com/comp/683203.html

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