Isle of Capri Casinos, Inc. to Build New Casino at Biloxi, Miss. Property BILOXI, Miss., Oct. 8 /PRNewswire-FirstCall/ -- Isle of Capri Casinos, Inc. (NASDAQ:ISLE) officers announced today that the company will replace the casino at its Biloxi, Miss. property with a new state-of-the-art casino facility. The approximately $90 million new casino will feature expanded gaming space and several amenities. Timothy M. Hinkley, Isle of Capri Casinos, Inc. president and COO, said, "The addition of this new casino facility continues the evolution of the company's first property, which opened in 1992 and pioneered gaming in the south. The replacement casino will showcase the next generation of the growing Isle brand, while providing a new and exciting gaming experience for our customers." The ability to replace the existing casino is subject to a number of conditions, including the approval of regulatory and governing bodies. Isle of Capri Casinos, Inc., a leading developer and owner of gaming and entertainment facilities, operates 16 casinos in 14 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 land-based casinos in Black Hawk (two casinos) and Cripple Creek, 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 and Wolverhampton, England. The company also owns and operates Pompano Park Harness Racing Track in Pompano Beach, Florida. CONTACT: Allan B. Solomon, Executive Vice President/General Counsel, 561/995-6660. Rex Yeisley, Senior Vice President/Chief Financial Officer, 228/396-7000. Lori Hutzler, Director of Corporate Communications, 228/396.7031 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/. 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 and General Counsel, +1-561-995-6660, or Rex Yeisley, Senior Vice President and Chief Financial Officer, +1-228-396-7000, or Lori Hutzler, Director of Corporate Communications, +1-228-396-7031, all of Isle of Capri Casinos Web site: http://www.theislecorp.com/

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