International Game Technology and The Ader Group Announce Settlement

International Game Technology IGT (the "Company"), a global leader in casino gaming entertainment and systems technology, and the Ader Group today announced that they have reached an agreement (the "Agreement") in connection with the proxy contest related to IGT's 2013 annual meeting of shareholders (the "Proxy Contest"). (Logo: http://photos.prnewswire.com/prnh/20130130/LA50769LOGO) Pursuant to the Agreement, the members of the Ader Group have agreed to observe certain standstill provisions for four years. In addition, the Ader Group and the Company have agreed to a mutual release of claims in connection with, relating to or resulting from the Proxy Contest. The Company has agreed to reimburse the Ader Group for its documented out-of-pocket costs, fees and expenses incurred in connection with the Proxy Contest, up to a maximum amount of $2.5 million. The Ader Group noted that it strongly supports IGT's current direction and recognizes the significant contributions under the leadership of Patti Hart, her management team and the Board of Directors to advance the Company's business, strategy and corporate governance practices. In addition, the Company acknowledges that Charles Mathewson was instrumental in driving IGT's leading market share and creating significant shareholder value, during a dynamic growth phase for the Company and the industry.