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Strategy First Announces Culpa Innata has Gone Gold!

BENEATH THE PERFECT WORLD LIES AN UNSPEAKABLETRUTH THAT IS READY TO SURFACE…

For Immediate Release!

Canada, MONTREAL October 4th, 2007. Publisher Strategy First Inc., a subsidiary of Silverstar Holdings Ltd. (NASDAQ: SSTR), is pleased to announce that the adventure game of the year "Culpa Innata" developed by Momentum AS, has officially gone gold today. Culpa Innata is due to hit stores across North America October 23rd, 2007. Attached are some fantastic new screenshots for Culpa Innata.

About Culpa Innata

A World Union citizen is murdered in Russia, one of the few remaining Rogue States. This murder oddly coincides with the accidental death of a prominent professor in Adrianopolis, an important border town between the World Union and Russia. Peace Officer Phoenix Wallis is assigned to lead the investigation of the murder. Still young and inexperienced, she will soon make discoveries beyond her wildest imagination, as skilled hackers and subversive characters begin taking an inexplicable interest in Phoenix. Her investigation reveals enigmatic clues that lead her deeper and deeper into a mystery that challenges not only her case, but her very beliefs in the worldview she has sworn to protect.

Features

Original, complex story with a detailed history in a fully realized game world Environments and characters rendered in 3D with dynamic camera implementation Cinematics rendered with in-game engine for seamless graphics integration Click and go character control; user friendly mouse-driven interface Over 50 interactive characters, each created with Momentum-patented 3D facial animation technology Intuitive dialogue system with player choice and branching conversation paths Non-linearity and optional player activities offer rewarding replay-ability Character journal capturing all key game moments More than 40 unique locations Diverse range of integrated challenges, from standalone logic puzzles to hi-tech gadgetry to inventory and dialogue obstacles Original soundtrack

Culpa Innata will be in stores across North America October 23rd, at the retail price of $29.99. Culpa Innata is rated M for Mature by ESRB.

For more information and to pre-order your copy today visit: http://www.strategyfirst.com/en/games/culpainnata/

About Strategy First Inc

Strategy First Inc., a wholly owned subsidiary of Silverstar Holdings (Nasdaq: SSTR), is a leading developer and worldwide publisher of entertainment software for the PC. Founded in 1990, the Company is well known for its proprietary groundbreaking titles, such as the award winning Disciples, Jagged Alliance and Space Empires series of games, which are under continuing development. Simultaneously, Strategy First continues to publish many of the industry's major titles, winning numerous awards for games such as "Hearts of Iron", and "Galactic Civilizations." Recent offerings include top releases such as "S.C.S. - Dangerous Waters" and "Space Empires V," and "Making History: The Calm and the Storm." The Company provides a unique alternative for independent developers seeking to market their games to a worldwide audience. www.strategyfirst.com

About Momentum

Momentum AS is a privately-held company founded in 1998 in Istanbul, Turkey. Momentum AS has recently been awarded a 15-year license to operate in the only technology free-trade zone in Turkey. The company conducts research and develops novel products to address the needs of a wide range of current and future digital media applications. There is also a substantial in-house expertise in the general areas of digital signal, image and video processing. The company work force currently consists of 13 highly skilled engineers, computer scientists, and graphics designers. The R&D efforts are lead by 3 shareholders all holding PhD degrees in electrical engineering and having a combined number of 20 US patents and 100 technical publications, and an Emmy award for significant contributions to the US digital TV standard. Momentum's mission is to identify and develop core technologies to create novel solutions in the digital entertainment, communications, and education fields worldwide. www.momentum-dmt.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. Empire Interactive PLC is a leading developer and publisher of interactive entertainment software games such as Starsky & Hutch, Big Mutha Truckers, Ford Racing and FlatOut. Empire's products are delivered on both console and PC platforms. Strategy First Inc. is a leading developer and worldwide publisher of entertainment software for the PC. Magnolia Broadband is a fabless semiconductor company and innovator of radio frequency (RF) solutions for the cellular industry.

The statements which are not historical facts contained in this press release are forward looking statements that involve certain risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the company's filings with the Securities and Exchange Commission.

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