Holding(s) in Company
Livermore Investmens Press Release 2006 / Board Change
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9 October 2006

Empire Online Limited
Board Change

Empire Online announces that Lord Steinberg has informed the Board of his intention to step down as Chairman of the Board from the end of October 2006.  Richard Rosenberg, senior independent non-executive director will replace Lord Steinberg as Chairman of the Board.

The Board wishes to thank Lord Steinberg for his valuable contribution to Empire Online over the last 18 months.

Noam Lanir, Chief Executive Officer, commented: “Leonard’s experience has been of significant value to the Board both in his capacity as colleague and advisor through the IPO of Empire Online and the challenges of the last 18 months. I join the Board in wishing him all the very best for the future.”

Lord Steinberg commented, “In spite of the regulatory uncertainty that currently surrounds the on-line gaming industry, I believe the time is right for me to move on.  I leave Empire Online in good hands, with a strong cash position from which to progress to the next stage of its development.”  


Empire Online Limited+357 (2) 5 847 700
Noam Lanir, Chief Executive Officer 
Hudson Sandler+44(0) 20 7796 4133
Michael Sandler/Jessica Rouleau