Date:              Tuesday, June 17, 2008               Time:              4:30 p.m. (Toronto Time)               Location:          The Sutton Place Hotel                                  Queen Victoria Room                                  955 Bay Street                                  Toronto, Ontario, Canada M5S 2A2

Webcast

To access the live webcast, please go to www.cryptologic.com and click on Investor Information, or to http://events.onlinebroadcasting.com/cryptologic/061708/index.php. Listeners will be able to access the webcast with either Real Player or Windows Media Player. A rebroadcast of the webcast will be available for 365 days.

About CryptoLogic®(www.cryptologic.com)

Focused on integrity and innovation, CryptoLogic Limited is a world-leading, blue-chip public developer and supplier of Internet gaming software. Its leadership in regulatory compliance makes it one of the very few companies with gaming software that has been certified to strict standards similar to land-based gaming. WagerLogic Limited, a wholly-owned subsidiary of CryptoLogic, is responsible for the licensing of CryptoLogic software and services to customers who offer their games around the world to non-U.S. based players. For information on WagerLogic®, visit www.wagerlogic.com.

CryptoLogic's common shares trade on the Toronto Stock Exchange (CRY, CXY), the NASDAQ Global Select Market (CRYP) and the Main Market of the London Stock Exchange (CRP).