Isle of Capri Casinos, Inc. Founder, CEO Receives Award From University of Illinois BILOXI, Miss., Nov. 1 /PRNewswire-FirstCall/ -- Isle of Capri Casinos, Inc. (NASDAQ:ISLE) founder, chief executive officer and chairman, Bernard Goldstein, was honored Friday with the Distinguished Alumnus Award by his alma mater, the University of Illinois at Urbana-Champaign College of Law. Goldstein, who graduated from the college in 1951 with a juris doctorate, received the award at the university's homecoming and reception dinner. The university recognizes 10 distinguished alumni annually whose life and career exemplify the qualities esteemed and reflected by the college. Since 1966, only 340 people have been honored with this award. Goldstein, often referred to as the "Father of Riverboat Gaming," was active in the development of the industry in a number of states and was instrumental in lobbying for the original legislation for riverboat gaming in Iowa. Goldstein is also chairman of the board of the Iowa-based Alter Companies, founded in 1898, which are involved in scrap metal recycling, river freight transportation and affiliated businesses. He is author of "Navigating the Century," published by the History Factory. 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, Walsal 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 This press release contains 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, 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 company with the Securities and Exchange Commission, including but not limited to, its 10-K for the fiscal year ended April 25, 2004 and 10-Q for the fiscal quarter ended July 25, 2004. 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, Inc. Web site: http://www.theislecorp.com/

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