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Strategy First Releases Patch v1.07 for Great Invasions!

For Immediate Release!

Montreal, Canada, March 16th, 2007. Software Publisher Strategy First Inc., a wholly owned subsidiary of Silverstar Holdings, Ltd. (Nasdaq: SSTR), and Developer Nobilis released patch version 1.07 today for "Great Invasions." This patch will update any version of "Great Invasions" to version 1.07.

To download the patch today directly from Strategy First please visit: http://www.strategyfirst.ca/downloads/patches/GI_Patch_v1.07.exe

About Great Invasions

Great Invasions is an extremely elaborate real-time strategy game covering over 700 years of history. It plunges you into the Dark Age of Europe, a time where barbarian tribes and nation states quarreled, warred and conquered each other. Great Invasions allows you to lead armies in the epic conquest of Europe and to use force or diplomacy in the pursuit to establish dominance. This historically accurate recreation allows gamers to live the greatest moments of this time, with the options of over 150 nations/tribes, over 30 religions and heresies, and thousands of historical characters drawn from the pages of world's richest historical sources.

"Great Invasions" is now available in stores across North America at a retail price of $39.99. "Great Invasions" is rated E for Everyone by ESRB

For more information on "Great Invasions" please visit: http://wwwstrategyfirst.com/en/games/GreatInvasions/

About Nobilis

Nobilis Group, founded in Lyons in 2001, specializes in the publication and distribution of video games and video game accessories. Nobilis produces multi-platform games for PC, XboxTM, PlayStation®2, PSPTM, GameCubeTM, Nintendo DSTM and Game Boy®Advance. Nobilis has distribution subsidiaries in France (Nobilis France in Lyons), Spain, Portugal (Nobilis Iberica in Madrid), Belgium, Holland and Luxembourg (Nobilis Benelux). Some of the most prominent partners that feature in Nobilis' catalogue are Agetec, Aspyr, Buka, Capcom, Cenega, Davilex, Enlight Software, Focus, Frogwares, GMX Media, IA Vision, Ignition, JoWood, Lago, Midway, Monte Cristo, LightHouse and Ubisoft. Nobilis' own games include The Secrets of Da Vinci, Atlantis V, Mountain Bike Adrenaline featuring Salomon, and Moto Racer 3 Gold Edition. Nobilis France is the world's second representative of Radica accessory and Gamester brand. www.nobilis-france.com

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." The Company provides a unique alternative for independent developers seeking to market their games to a worldwide audience. www.strategyfirst.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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