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EMPIRE BOLDLY TAKES THE NEXT STEP IN SPACE STRATEGY!

Empire Interactive signs first Strategy First title

London, England December 19th 2006, Empire Interactive, a wholly owned subsidiary of Silverstar Holdings, Ltd. (Nasdaq: SSTR), is proud to announce that they will be publishing Space Empires V in February 2007 in Europe. Space Empires V is the much anticipated addition to the award winning Space Empires franchise. The goal is galactic domination. Crush your enemies and create an empire through whatever means you desire!

Empire Interactive originally published the critically acclaimed Galactic Cilivizations. "We're excited to be building on the success of titles in the genre such as Galactic Civ. The space strategy genre has a very loyal fan base" said Empire Marketing head Rob Noble.

Space Empires V has completely updated AI which takes the player into a real-time rendered 3D universe. Take your turn and watch epic space battles played out in incredible detail and with ultra realistic effects. Space Empires V will give all space strategy enthusiasts exactly what they want - action, excitement and the ability to make the game their own. And Empire Interactive has included a detailed fold out Tech Tree poster for easier strategic planning.

"In the boxed copy you get both the exclusive fold out Tech Tree and the full set of documentation to speed up and improve your empire building" added Noble.

Any journalist reviewing the game should make doubly sure they obtain from Empire the UK boxed code which includes over 300 additions to AI enhancements, interface changes and patched fixes. Otherwise they may be looking at an old version of the game not for sale to UK 4X strategy fans (Expand, Explore, Exploit, Exterminate).

Developed by Malfador Machinations, President Aaron Hall said "We're thrilled to bring Space Empires V not only to fans of the previous games, but to an entire new generation of gamers. Space Empires V is our most beloved title, and our entire team is working hard to stay true to what makes this franchise so great".

Format: PC CD ROM

Price: £29.99

Developer: Malfador Machinations

Publisher: Empire Interactive

For further information, please contact:

Rob Noble Tel: +44 (0) 208 343 7337

Empire Marketing: Email rob.noble@empire.co.uk

About Empire Interactive

Empire Interactive, a wholly owned subsidiary of Silverstar Holdings (Nasdaq: SSTR), is a leading developer and publisher of interactive entertainment software games such as Starsky & Hutch, Big Mutha Truckers, FordRacing and FlatOut. The company develops and publishes a varied range of titles across all platforms in the US, Europe and Asia. Further information about Empire Interactive and its products can be found at: www.empireinteractive.com

About Malfador Machinations

Malfador Machinations, founded in 1995, is a noted developer of PC strategy games. Its previous titles include "Space Empires Series", and "Dungeon Odyssey". Malfador Machinations' is based out of Santa Rosa, CA. www.malfador.com

About Silverstar Holdings

Silverstar Holdings Ltd. is a publicly traded company (NASDAQ: SSTR), focusing on acquiring controlling positions in high-growth retail-driven and fee-based electronic game businesses that stand to benefit from the economies of scale generated by the Internet and other technology-related platforms. It currently owns Empire Interactive PLC and Strategy First Inc. as well as a stake in Magnolia Broadband.

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