Asia PR News

MINEOLA, N.Y., April 27 /PRNewswire-AsiaNet/ –

Kenilworth Systems Corporation (OTC Pink Sheets: KENS) … Kenilworth
Systems Corporation ("Kenilworth") today reported the Company has received a
"Letter of Intent" from the Philippines Amusement and Gaming Corporation
("PAGCOR"), the Republic of the Philippines chartered government gaming
monopoly. PAGCOR partially owns and exclusively operates all fourteen (14)
Filipino casinos, some of which are located in exclusive resort facilities
frequented by Asian patrons. The letter underscores PAGCOR’s intention to
implement the Roulabette(R) Project while the more formal Memorandum of
Agreement ("MOA") will be processed by the Philippines Legislature.

Herbert Lindo, Chairman and CEO stated, "We requested the letter to
demonstrate PAGCOR’s desire to implement Project Roulabette(R) while the
approval of the MOA takes its normal time course. With the letter, the Company
now can go forward with negotiations with satellite and cable companies that
may wish to offer the patented Roulabette(R) System to their subscribers and
obtain permission for the broadcasts in their respective jurisdictions. He
further stated, "We now may also commence negotiations with design and
manufacturing organizations for the equipment required to make Roulabette(R)
available throughout the industrialized world."

In the mutually signed Letter of Intent, the Company guarantees to pay
PAGCOR a monthly payment, for hosting the broadcasts, when they commence, over
a ten (10) year contract period in the amount of US$1 million for year one
(1); US$2 million for years two (2) and three (3); US$5 million for years four
(4) through seven (7) and US$10 million for every year there after. The
initial broadcast will emanate from the new Hyatt Hotel and Casino in Manila
and may include Philippine Resorts that have casinos, with an expected
starting date early in 2007. The Company also guaranteed to have available
US$25 million required in its Business Plan which is incorporated in the MOA.

Mr. Lindo reiterated that "Kenilworth believes Roulabette(R) will become a
US$500 billion net win market from wagering in five (5) years, by 2011, which
will be shared by all participating entities." The letter is signed by Rene
C. Figueora, Vice President - Administration and Senior Managing Head RDD,
PAGCOR.

FORWARD LOOKING STATEMENT
This release contains "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E the
Securities Exchange Act of 1934, as amended and such forward-looking
statements are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. "Forward-looking statements"
describe future expectations, plans, results, or strategies and are generally
preceded by words such as "may," "future," "plan" or "planned," "will" or
"should," "expected," "anticipates," "draft," "eventually" or "projected." You
are cautioned that such statements are subject to a multitude of risks and
uncertainties that could cause future circumstances, events, or results to
differ materially from those projected in the forward-looking statements,
including the risks that actual results may differ materially from those
projected in the forward-looking statements as a result of various factors,
and other risks identified in a company’s annual report on Form 10-K or 10-Q
and other filings made by such company with the Securities and Exchange
Commission. You should consider these factors in evaluating the
forward-looking statements included herein, and not place undue reliance on
such statements. The forward-looking statements in this release are made as of
the date hereof and Kenilworth undertakes no obligation to update such
statements.

SOURCE Kenilworth Systems Corporation

CONTACT:
Herbert Lindo
Chairman & CEO of Kenilworth Systems Corp.
+1-516-741-1352
Roulabette@aol.com/
(KENS)