Advisory - CryptoLogic Annual & Special Shareholders' Meeting Symbol: TSX: CRY; NASDAQ: CRYP; LSE: CRP TORONTO, May 2 /PRNewswire-FirstCall/ -- CryptoLogic will hold its Annual & Special Meeting of Shareholders on Thursday, May 12, 2005 at 4:30 p.m. (Toronto time). A live webcast of the meeting will also be available. Date: Thursday, May 12, 2005 Time: 4:30 p.m. (Toronto Time) Location: The Design Exchange Trading Floor 234 Bay Street Toronto, Ontario, Canada Webcast To access the live webcast, please go to http://www.cryptologic.com/ and click on Investor Information, or to http://w.on24.com/r.htm?e(equal sign)12295&s(equal sign)1&k(equal sign)EAF248233BC5659596FFCA9BEA81293B. 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 180 days. About CryptoLogic(R) (http://www.cryptologic.com/) Focused on integrity and innovation, CryptoLogic Inc. is the world's largest public online gaming software developer and supplier. Its leadership in regulatory compliance makes it one of the very few companies with gaming software that is certified to strict standards similar to land-based gaming. WagerLogic Ltd., a wholly-owned subsidiary of CryptoLogic, is responsible for the licensing of its gaming software and services to customers worldwide. For information on WagerLogic(R), visit http://www.wagerlogic.com/. DATASOURCE: CryptoLogic Inc. CONTACT: Nancy Chan-Palmateer (416) 545-1455 x701, ; Maureen Lockett (416) 545-1455 x734,

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