ISLE Isleworth Healthcare Acquisition Corporation

Isle of Capri Casinos, Inc. and Red City Developments Announce Intent to Develop a Casino Entertainment Complex in Salford, Greater Manchester, England BILOXI, Miss., Dec. 3 /PRNewswire-FirstCall/ -- Isle of Capri Casinos, Inc. and Red City Developments officials announced today that the companies have signed a Heads of Terms to develop a regional casino and entertainment complex in Salford, England. The new entertainment complex and hotel, subject to planning and Gaming Board approval, will include a 20,000 seat rugby stadium, approximately 100,000-square-feet of space that will consist of a 50,000-square-foot Isle of Capri casino, entertainment, retail and food-and-beverage areas, as well as other amenities. The site of the new complex at Salford, which is located in northwest England, is six miles from Manchester City Center and one mile from the one million-square-foot Trafford Center retail development. Bernard Goldstein, Isle of Capri Casinos, Inc. chairman and chief executive officer, said, "We look forward to becoming a part of the Salford community, working with the Salford City Reds and helping the local economy grow with this new development. We see this as another step toward becoming one of the leaders of regional gaming in the U.K." "This deal is a vitally important piece in the jigsaw puzzle of not only the future of the stadium, but for the future of the rugby club itself," said Adam Thomas, managing director of Red City Developments. "The deal allows us to continue pushing ahead with our plans for a new stadium which will secure the independence and future of the club." "Being surrounded by more than eight million people, and the available access to this site, makes this just a great location," said Timothy M. Hinkley, president and coo of Isle of Capri Casinos, Inc. "Our operations in Salford will serve as the beginning of our expansion into the vibrant North- West of England, and will bring greater awareness to the Isle brand." The project is subject to gaming regulation reform currently being considered in the U.K., but the planning application for the stadium has been submitted and may be granted early in 2004. Isle of Capri Casinos, Inc., the leader in regional gaming, owns and operates 15 riverboat, dockside and land-based casinos at 14 locations, including Biloxi, Vicksburg, Lula and Natchez, Mississippi; Bossier City and Lake Charles (two riverboats), Louisiana; Black Hawk (two land-based casinos) and Cripple Creek, Colorado; Bettendorf, Davenport and Marquette, Iowa; and Kansas City and Boonville, Missouri. The company also operates Pompano Park Harness Racing Track in Pompano Beach, Florida. This press release may be deemed to contain forward-looking statements, which are subject to change. 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, weather, permits, 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 Company with the Securities and Exchange Commission, including, but not limited to, its Form 10-K for the fiscal year ended April 27,2003,and Form 10-Q for the quarter ended October 26, 2003. Isle of Capri Casinos, Inc. Contacts: Allan B. Solomon, Executive Vice President-561.995.6660 Rex Yeisley, Chief Financial Officer-228.396.7052 Maura Devine, Public Relations-312.255.3032 Web site: http://www.theislecorp.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 Maura Devine, Public Relations, +1-312-255-3032, all of Isle of Capri Casinos Web site: http://www.theislecorp.com/

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