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PartyPoker.com Begins the Final Rounds of the World's Largest Online Poker Tournament, the $1 Million Guaranteed First-Prize PartyPoker.com Million

SANTO DOMINGO, Dominican Republic--(BUSINESS WIRE)--March 11, 2002--

First-Place Winner to be Crowned on Saturday, March 16 Aboard a Mexican Riviera Cruise

PartyPoker.com, the world's fastest growing online poker room, today announced that the final rounds of the PartyPoker.com Million(TM)(PPM) tournament are underway. 100 Finalists who qualified at PartyPoker.com have joined a select group of the world's finest poker players to play in the live Hold `em poker tournament in an attempt to win the guaranteed first prize of $1,000,000 --- the largest ever in online poker history.

The players have embarked upon a Mexican Riviera cruise aboard a luxury cruise ship to play for the estimated $1,400,000 total prize pool. The PartyPoker.com million is the first-ever tournament with a $1,000,000 prize to pit recreational poker players who qualified on the Internet against some of the greatest world champions of poker, including the reigning world champion, Carlos Mortensen and the 2000 world champion Chris Ferguson. World-renowned poker champion and founder of the Poker Tournament of Champions, Mike Sexton, is hosting the weeklong tournament.

``We are extremely excited to be hosting the greatest tournament event ever held in the history of online Poker,'' said Vikrant Bhargava, CEO. ``We have a wide range of recreational poker players competing with some of the greatest professional poker players in world for a guaranteed first-prize of $1,000,000. This will clearly establish PartyPoker.com as the leader in the new, and rapidly growing world of live, online poker.''

Today, PartyPoker.com also announced the launch for a new and improved version of the Company's Web site. ``The new PartyPoker.com site incorporates a cleaner, stronger presence which reflects the evolving image of PartyPoker.com as the premier destination for live, multi-player poker,'' said Christopher Todd, Interactive marketing consultant and former Jupiter Media Metrix online advertising analyst. ``This is the first step toward firmly establishing PartyPoker.com as the world's leading brand for online poker.''

About PartyPoker.com
Launched in August 2001, PartyPoker.com is the world's premiere destination for online, multi-player poker and is fully licensed and regulated by the Kahnawake Gaming Commission, Quebec, Canada. As the fastest growing poker room on the Web, PartyPoker.com offers a variety of 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.com's integrity in hosting fair and honest poker games. Please visit http://www.partypoker.com for more information.

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