RNS Number:0831R
CryptoLogic Inc.
20 October 2003

Symbol: TSX: CRY; NASDAQ: CRYP; LSE: CRP

                                   ADVISORY

            CRYPTOLOGIC TO HOLD ANALYST/SHAREHOLDER CONFERENCE CALL
                   To discuss its 2003 third quarter results

October 20, 2003 (London, UK) - CryptoLogic Inc. announced today that on
Thursday, November 6, 2003 before market opens, the company will release its
financial results for the third quarter ended September 30, 2003.

Lewis Rose, President and CEO, and Jim Ryan, CFO of CryptoLogic, cordially
invite you to participate in the company's analyst/shareholder conference call
to be held on November 6, 2003 at 1:30 p.m. (UK time).  A live webcast of the
call will also be available.  Management will review the financial results for
the 2003 third quarter and discuss recent developments, to be followed by a
question and answer period.


Conference Call
Date:                                                Thursday, November 6, 2003
Time:                                                1:30 p.m. UK Time
Toronto Dial-In Number:                              416-695-9753
Toll Free International:                             00 800-4222-8835 (from UK)

To participate in the call, please dial 416-695-9753 or 00-800-4222-8835(from
UK) five to ten minutes prior to the 1:30 p.m. start of the teleconference. This
conference call will be recorded and available for replay approximately one hour
after the completion of the call, up until midnight (Toronto Time) November 13,
2003. To listen to the replay, please dial 416-695-5275.  A transcript of the
call will also be made available on CryptoLogic's website at www.cryptologic.com
under Investor Information.



Web Cast

To access the live audio webcast, please go to www.cryptologic.com and click on
Investor Information, or to http://www.newswire.ca/webcast/viewEventCNW.html?
eventID=667700  prior to 1:30 p.m.  Windows Media Player is required to listen
to the webcast.  If you do not have the player, a free download is available at
www.microsoft.com.  A rebroadcast of the webcast will be available on
www.Q1234.com and www.newswire.ca/webcast/ under Archives for 30 days.



About CryptoLogic (www.cryptologic.com)

Focused on integrity and innovation, CryptoLogic Inc. is the leading software
development company serving the Internet gaming market. The company's
proprietary technologies enable secure, high-speed financial transactions over
the Internet. CryptoLogic continues to develop state-of-the-art Internet
software applications for both the electronic commerce and Internet gaming
industries. WagerLogic Ltd., a wholly-owned subsidiary of CryptoLogic, is
responsible for the licensing of its gaming software and services to customers
worldwide.  For information, visit www.wagerlogic.com.



For information, contact:

At CryptoLogic, (416) 545-1455           At Financial Dynamics, 020 7831 3113
Nancy Chan-Palmateer                     Juliet Clarke
nancycp@cryptologic.com                  juliet.clarke@fd.com



                      This information is provided by RNS
            The company news service from the London Stock Exchange
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