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Xplosiv To Scale New Heights Off Road!

LONDON, ENGLAND, January 10th, 2008 - Xplosiv, a wholly owned subsidiary of Silverstar Holdings (NASDAQ: SSTR), has announced it will be releasing Off Road from its highly regarded and best selling Ford license series, for the PlayStation 2, PSP (PlayStation Portable), Wii and PC.

Off Road takes the multi-million selling Ford franchise away from the tracks and urban streets of its predecessors, to rugged, tough terrain for the very first time. Off Road also marks the introduction of the prestigious Land Rover brand, synonymous like Ford, with a rich heritage of producing pioneering off road vehicles.

Players can now race some of the world's toughest off road trucks, 4x4's and SUV's through beautifully detailed environments, stunning, scenery and wide sweeping tracks designed for rough-tough, high-speed racing.

Ian Higgins, CEO of Empire Interactive, said, "Off Road is an exciting step forward for the Ford franchise. We have some impressive vehicles, stunning environments and great new features. The introduction of the Land Rover brand has brought real excitement and an even stronger appeal to the franchise."

Clive Kabatznik, CEO of Silverstar Holdings, added, "The release of Off Road illustrates Empire's ability to continually garner new interest from already successful licenses. We are thrilled to be introducing the Land Rover brand and the mass market appeal that having two truly global brands will bring."

With real time, on-the-go vehicle damage repair, acceleration faster than any previous Ford game, and alternative routes. Off Road brings a plethora of new and exclusive features to test players driving prowess at high speed. The racing has never been this exhilarating!

Key Features

18 officially licensed Land Rover and Ford off road vehicles. 24 detailed tracks encouraging high speed racing. 3 off road environments, Desert, Water and Ice. Real time, on-the-go damage repair. Discover hidden routes to gain a racing advantage. Power sliding; throw powerful 4x4s around the tracks. In-game pickups: Discover repair pods, time extensions, artefacts & cash. Multi-player racing via split screen (PS2 - 2 players ) and Wi-Fi (PSP - 6 players). 12 race modes: Standard Race, Elimination, Time Attack, Overtake, Slalom, Checkpoint, Checkpoint Sprint, Seconds Out, Gold Rush, Gauntlet, Low Damage Race and Expedition. Licensed Vehicles

2005 Defender 90 Station Wagon

2006 Range Rover Sport Supercharged

2007 Discovery 3

2007 Freelander 2

Range Stormer Concept

SVX Concept

2008 Ford F-150 FX4 pickup

2008 Ford Ranger FX4 Level II

2008 Ford F-250 Super Duty

2008 Ford F-350 Super Duty

2008 Ford F-450 Super Duty

2008 Ford Escape

2008 Ford Explorer

2008 Ford Expedition

2007 Ford Explorer Sport Track

Ford Bronco concept

Ford Equator concept

Ford Mighty F-350 concept

Off Road is scheduled for release on 21st March 2008 for the PlayStation® 2, Sony PSP and PC at an RRP of £19.99 The Wii version will be released during Q2 2008.

- ENDS -

Empire and the 'E' logo, and Xplosiv are trademarks or registered trademarks of Empire Interactive Europe Ltd in the UK, Europe, US and/or other countries. Ford Oval and nameplates are registered trademarks owned and licensed by Ford Motor Company. Land Rover, Range Rover and the Land Rover Logo are trademarks owned and licensed by Land Rover ® Land Rover 2008.

For further information contact:

Doug Johns, 1-UP Media Tel: +44 1243 784456; Mob +44 7711 086573

Email: doug@1-upmedia.com

Age Rating: 3+

Developer: Razorworks

Notes For Editors

About Xplosiv:

Empire launched Xplosiv as a value brand selling PC software in mid 2000 and PlayStation2 in 2004, proving a great success in the UK and overseas due to the group's license wins with, Sega, Ubisoft, Taito, Activision, Microsoft, Vivendi and CDV. Further information on Xplosiv products can be found at www.xplosiv.net

About Empire Interactive:

Empire Interactive is a leading publisher of interactive entertainment software that has been established for 17 years. The company floated on the Alternative Investment Market (AIM) of the London Stock Exchange in July 2000. Headquartered in the UK, Empire Interactive also has offices in the US, France, Germany, Italy and Spain. 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 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.

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.

Alliance Advisors, LLC

Alan Sheinwald, President

(914) 669-0222 or asheinwald@allianceadvisors.net

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