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PartyPoker Announces Dates for the PartyPoker Million II Tournament

SANTO DOMINGO, Dominican Republic--(BUSINESS WIRE)--June 27, 2002--

Finals Scheduled to be Held Aboard a Luxury Caribbean Cruise March 1-8, 2003

PartyPoker today announced the tournament dates for the world's premier online-affiliated poker tournament - the PartyPoker Million II - with its estimated total prize pool of $1.5 million. Online players will compete at PartyPoker in their choice of from one to three separate semi-final qualifying events scheduled to be held August 1-4, 2002, November 21-24, 2002, and January 30 - February 02, 2003. Semi-final round winners will receive a package valued at $7,200 which includes a cruise for two people, and a buy-in for one player into the PartyPoker Million II tournament finals to be held March 1-8, 2003 aboard a luxury Caribbean cruise.

Players will compete in the PartyPoker Million II finals for the estimated $1.5 million prize pool by qualifying online at PartyPoker via one of the designated semi-final tournaments, or by paying a tournament buy-in fee aboard the ship. Tournament play will consist of Limit Hold'em with a standard tournament elimination format. The PartyPoker Million II is an official World Poker Tour event that is expected to be televised in spring 2003.

"The PartyPoker Million II continues to be the best value in poker today," said Mike Sexton, the PartyPoker Host and poker legend who helped found the PartyPoker Million tournament series. "The PartyPoker Million II represents the future of live, multi-player tournament poker in that it allows players from throughout the world to qualify via the Internet for a live championship poker tournament from the comfort of their own living room."

Sexton claims that savvy players are already accruing tournament bonus chips at PartyPoker to improve their odds of winning. "This year a multiple-table tournament format will be used during the semi-finals which will increase the value of bonus chips - thereby rendering them invaluable for semi-final players looking to better their chances at victory," he stated. Players may accrue bonus points from now through January 28, 2003 by playing in real money poker games at PartyPoker. For more information on, or to register for, the PartyPoker Million II tournament, please visit: http://www.partypoker.com/ppmillion2.htm

About PartyPoker

Launched in August 2001, PartyPoker is the world's premiere destination for online, multi-player poker and is fully licensed and regulated by the Kahnawake Gaming Commission, Quebec, Canada. PartyPoker offers an assortment of live classic poker games including Texas Hold `Em, Omaha Hi/Low, and Seven Card Stud, all powered by a unique and completely random shuffling algorithm, ensuring PartyPoker's integrity in hosting fair and honest poker games. Please visit http://www.partypoker.com for more information.

About PartyPoker Million Tournaments

The PartyPoker Million tournament series was created as the flagship tournament for PartyPoker with the direct assistance of professional poker players and industry advisors. The PartyPoker Million I was the first online-based multi-player poker tournament to offer a guaranteed first-place prize of $1,000,000 which was won by Kathy Liebert in March 2002. (Please visit: http://www. partypoker.com/ppm1results.htm for details.) The PartyPoker Million II - with its estimated total prize pool of $1.5 million -- was the first online-affiliated tournament invited to become an official event on the World Poker Tour. Please visit http://www.partypoker.com/ppmillion2.htm for more information.

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