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13 May 2008

CryptoLogic Declares Quarterly Dividend

CryptoLogic Limited has announced that its Board of Directors has declared the company's quarterly dividend of $0.12 per common share.

The dividend will be paid on June 16, 2008 to shareholders of record of CryptoLogic Limited and CryptoLogic Exchange Corporation as at June 9, 2008. The ex-dividend date will be June 5, 2008.

For Shareholders of CryptoLogic Limited, the dividend payment is subject to a 20% Irish withholding tax.

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