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Wednesday March 29 2006

Ongoing Negotiations with PAGCOR

Kenilworth Systems Corporation (‘Kenilworth’ or the ‘Company’) is continuing final contract negotiations with the Philippine Amusement and Gaming Corporation (‘PAGCOR’), a Philippines Government Agency.  When finalized, it will permit Kenilworth to broadcast live, in-progress casino table games from the new Hyatt Hotel and Casino in Manila, Philippines.  The broadcasts will initially be aimed to European countries and, in the future, the Pacific Rim Nations and the Asian Market.   

Our patents also include Internet including streaming besides, in addition telephone and satellite distribution.  Kenilworth negotiators have dropped the revenue caps to facilitate Independent Auditing procedures and agreed to minimum monthly revenue guarantees which amount remains part of the negotiations. 

In order to complete our December 31, 2005 10-K filing, we were granted an automatic extension for the filing until April 16, 2006.  

We originally had indicated that the contract negotiations could be completed much sooner.  We correct this statement.  We now estimate the contracts will not be concluded before our 10-K is filed. 


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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