Business Wire: Paul-Son Stockholders Approve Combination

Business Editors

LAS VEGAS--(BUSINESS WIRE)--Sept. 12, 2002

Paul-Son Gaming Corporation ("Paul-Son") (Nasdaq:PSON) announced today that its stockholders approved the combination transaction with Etablissements Bourgogne et Grasset ("B&G") and B&G's subsidiary, The Bud Jones Company. As a result of the stockholder approval, Paul-Son and B&G intend to complete steps to consummate the combination before the end of business today, September 12, 2002. Paul-Son intends to issue a subsequent press release once the combination has been completed.

In addition to approving the combination, all other proposals at the meeting were approved, including the re-election of Eric P. Endy as a director, amendments to Paul-Son's articles of incorporation to (1) remove certain Nevada anti-takeover provisions, (2) remove certain control share redemption provisions, (3) remove supermajority voting requirements to approve asset sales, mergers and share exchanges, (4) remove supermajority voting requirements for amendments to Paul-Son's articles of incorporation and (5) to modify provisions with respect to certain gaming regulatory matters.

Paul-Son is a leading manufacturer and supplier of casino table game equipment. Paul-Son's products include casino chips, "plaques" and "jetons" (the European equivalents of casino chips), table game layouts, playing cards, dice, gaming furniture (such as roulette wheels, blackjack tables and craps table) and other casino table game accessories (such as chip trays, drop boxes and dealing shoes) to licensed casinos all over the world.

This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are subject to risks and uncertainties. Such forward-looking statements include, without limitation, satisfaction of all other conditions precedent to the proposed combination and other risks more fully described in Paul-Son's previous filings with the Securities and Exchange Commission, including the Definitive Proxy Statement filed on August 9, 2002.