Friday March 17 2006

Kenilworth Acquires Key Philippines Company

Kenilworth Systems Corporation (‘Kenilworth’) said today it has completed the acquisition of Lighthouse Supplies and Services, Inc. (‘Lighthouse’), a Philippines Corporation, in an all cash transaction.  Lighthouse is now a 100% owned subsidiary of Kenilworth.  Three (3) former organizers and shareholders of Lighthouse remain Directors of Lighthouse without directly owning any equity in Lighthouse. 

Foreign Corporations operating in the Philippines require a majority of at least five (5) Directors who are citizens and residents of the Philippines.  Herbert Lindo and Kit Wong, both Directors of Kenilworth, have been elected as Directors of Lighthouse. 

Lighthouse is licensed to supply gambling equipment to casinos operated by the Philippines Amusement and Gaming Corporation (‘PAGCOR’).  PAGCOR partially owns and operates all fourteen (14) casinos in the Philippines.  PAGCOR is a Legislative Authorized Government Corporation. 

In order to establish an ongoing business relationship with PAGCOR, Kenilworth was fortunate to be able to acquire Lighthouse, a requirement of our expected approval of Memorandum of Acceptance. 

Please read the News Release, dated March 15, 2006, on this website for details on Lighthouse.

Forward Looking Statement
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-Q and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Kenilworth undertakes no obligation to update such statements.

Contact: Kenilworth Systems Corp. (516) 741-1352, Roulabette@aol.com.

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