Message from the President
and CEO

Publication of Loto-Québec's First Quarterly Report

For the first quarter of fiscal 2009-2010, Loto-Québec announced consolidated revenues of $978.8 million and net income of $367.9 million. These earnings represent increases of 0.8% and 2.8% respectively as compared to the same period during the previous year.

The Corporation's solid results are attributable most notably to the Lottery sector, which saw its revenues grow by 3.1%, or $14.5 million, thanks primarily to the positive performance of Lotto 6/49. During the past quarter, this lottery's jackpot exceeded $30 million on three separate occasions.

With respect to the Video Lottery sector, revenues declined by 2.8%, essentially as a result of the removal of terminals from 394 establishments last year in conjunction with the network reconfiguration effort. For their part, the gaming halls in Trois-Rivières and Québec City posted overall performance superior to that of last year.

Within the Casino sector, the Casino de Charlevoix's earnings rose significantly by 11.3%, the Casino de Montréal's income grew by 2.3%, while the Casino du Lac Leamy's revenues declined by 2.5%. Finally, the Bingo sector's earnings were down by 21.6% as compared to the first quarter of the previous fiscal year. Regrettably, this translates into reduced revenues as well for non-profit organizations that already find themselves in a precarious financial position.

I invite you to consult the Quarterly Report (in French only) for more details.

Seven Loto-Québec Establishments Earn ICI ON RECYCLE! Certification

Loto-Québec has joined the ranks of other organizations having attained the most challenging level of the ICI ON RECYCLE!

Program, earning Level 3 (Performance) certification for its Laval and Québec City regional offices. Level 3 certification recognizes establishments that have implemented concrete measures to reduce, reuse, recycle (3R) residual materials, thereby enabling them to achieve a recovery rate in excess of 80%.

For their part, the Corporation's Head Office, the Multi-Functional Complex, the Pierre-de-Coubertin building and the Québec City and Trois-Rivières gaming halls all received Level 2 (Implementation) certification. This particular level recognizes establishments that have put measures into place in line with 3R/Recovery principles and have carried out various information and awareness activities.

Loto-Québec Honoured at the International Stevie Awards!

Loto-Québec was recently recognized with three honourable mentions for excellence at the
2009 edition of the International Business Awards, also known as the International
Stevie® Awards.

More specifically, the Corporation was distinguished in each of the following categories:

• Corporate Social Responsibility Program of the Year in North America
  
  
• Environmental Responsibility Program of the Year
  
  
• Best House Organ for Employees

Organized in the United States, the International Business Awards is a global competition dedicated to commerce whose distinctions are the most prestigious of their kind. This year, the winners and finalists were selected from among more than 1,700 candidacies submitted by companies and individuals in some 40 different countries.

I would like to take this opportunity to congratulate all those responsible for these formidable honours within the Vice-Presidency of Corporate Affairs, the Media Relations Department, the Sustainable Development Department, the Corporate Communications Department, and the Fondation Mise sur toi.

Alain Cousineau
President and Chief Executive Officer