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<p style="font-weight:bold;letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="font-weight:bold;letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;">UNITED STATES</font></b></p>

<p style="font-weight:bold;letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;">SECURITIES AND
EXCHANGE COMMISSION</font></b></p>

<p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;letter-spacing:0pt;">Washington, D.C.&#160;
20549</font></b></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:0pt;">&nbsp;</font></p>

<p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;letter-spacing:0pt;">FORM&nbsp;S-8</font></b></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:0pt;">&nbsp;</font></p>

<p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;letter-spacing:0pt;">REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</font></b></p>

<p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;letter-spacing:0pt;">&nbsp;</font></b></p>

<p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="5" face="Times New Roman" style="font-size:16.0pt;letter-spacing:0pt;">GAMING PARTNERS INTERNATIONAL
CORPORATION</font></b></p>

<p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;font-weight:normal;letter-spacing:0pt;">(Exact name of registrant as specified in its charter)</font></b></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

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<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width="49%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:49.0%;">
  <p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:0pt;">Nevada</font></b></p>
  </td>
  <td width="2%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:2.0%;">
  <p align="left" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="49%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:49.0%;">
  <p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:0pt;">88-0310433</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="49%" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:49.0%;">
  <p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;font-weight:normal;letter-spacing:0pt;">(State
  or other jurisdiction of incorporation or organization)</font></b></p>
  </td>
  <td width="2%" valign="bottom" style="border:none;padding:0in .7pt 0in .7pt;width:2.0%;">
  <p align="left" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;font-weight:normal;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="49%" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:49.0%;">
  <p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;font-weight:normal;letter-spacing:0pt;">(I.R.S.
  Employer Identification No.)</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="100%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:100.0%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="100%" colspan="3" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:100.0%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:0pt;">1700 Industrial Road, Las Vegas, Nevada 89102</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="100%" colspan="3" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:100.0%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="1" face="Times New Roman" style="font-size:8.0pt;letter-spacing:0pt;">(Address of registrant&#146;s principal executive offices, including zip
  code)</font></p>
  </td>
 </tr>
 <tr>
  <td width="100%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:100.0%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="100%" colspan="3" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:100.0%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;letter-spacing:0pt;">Gaming Partners International
  Corporation</font></b></p>
  <p align="center" style="font-size:12.0pt;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;letter-spacing:0pt;">Stock Option Agreement with </font></b><b style="letter-spacing:0pt;">Gregory&nbsp;S.
  Gronau</b></p>
  </td>
 </tr>
 <tr>
  <td width="100%" colspan="3" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:100.0%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="1" face="Times New Roman" style="font-size:8.0pt;letter-spacing:0pt;">(Full title of the plan)</font></p>
  </td>
 </tr>
 <tr>
  <td width="100%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:100.0%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="100%" colspan="3" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:100.0%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:0pt;">David W. Grimes<br>
  Chief Financial Officer<br>
  Gaming Partners International Corporation<br>
  1700 Industrial Road<br>
  Las Vegas, Nevada 89102</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="100%" colspan="3" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:100.0%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="1" face="Times New Roman" style="font-size:8.0pt;letter-spacing:0pt;">(Name and address of agent for service)</font></p>
  </td>
 </tr>
 <tr>
  <td width="100%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:100.0%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="100%" colspan="3" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:100.0%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:0pt;">(702) 384-2425</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="100%" colspan="3" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:100.0%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="1" face="Times New Roman" style="font-size:8.0pt;letter-spacing:0pt;">(Telephone number, including area code, of agent for service)</font></p>
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="1" face="Times New Roman" style="font-size:2.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table>

</div>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:hanging;text-align:justify;text-autospace:ideograph-numeric ideograph-other;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:9.0pt;">Indicate by check mark whether the registrant is a
large accelerated filer, an accelerated filer, a non-accelerated filer, or a
smaller reporting company. See the definitions of &#147;large accelerated filer,&#148;
&#147;accelerated filer,&#148; and &#147;smaller reporting company&#148; in Rule&nbsp;12b-2 of the
Exchange Act.</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width="60%" valign="top" style="padding:0in .7pt 0in .7pt;width:60.56%;">
  <p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:hanging;text-align:left;text-autospace:ideograph-numeric ideograph-other;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:9.0pt;">Large Accelerated
  Filer&nbsp; </font><font size="3" face="Wingdings" style="font-size:12.0pt;">o</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.66%;">
  <p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:hanging;text-align:left;text-autospace:ideograph-numeric ideograph-other;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="36%" valign="top" style="padding:0in .7pt 0in .7pt;width:36.8%;">
  <p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:hanging;text-align:left;text-autospace:ideograph-numeric ideograph-other;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:9.0pt;">Accelerated Filer&nbsp;</font><font size="3" face="Wingdings" style="font-size:12.0pt;">o</font></p>
  </td>
 </tr>
 <tr>
  <td width="60%" valign="top" style="padding:0in .7pt 0in .7pt;width:60.56%;">
  <p align="left" style="font-size:12.0pt;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;"><font size="1" face="Times New Roman" style="font-size:9.0pt;letter-spacing:0pt;">Non-accelerated filer </font><font face="Wingdings">o</font><font size="1" style="font-size:9.0pt;letter-spacing:0pt;"> (do not check if
  smaller reporting company)</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.66%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;"><font size="1" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="36%" valign="top" style="padding:0in .7pt 0in .7pt;width:36.8%;">
  <p align="left" style="font-size:12.0pt;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;"><font size="1" face="Times New Roman" style="font-size:9.0pt;letter-spacing:0pt;">Smaller reporting company </font><font face="Wingdings" style="letter-spacing:0pt;">x</font></p>
  </td>
 </tr>
</table>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="1" face="Times New Roman" style="font-size:9.0pt;letter-spacing:0pt;">&nbsp;</font></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="1" face="Times New Roman" style="font-size:9.0pt;letter-spacing:0pt;">Please send copies of all correspondence to:</font></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:0pt;">John C. Jeppsen,&nbsp;Esq.</font></b></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:0pt;">KUMMER KAEMPFER BONNER RENSHAW&nbsp;&amp;
FERRARIO</font></b></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:0pt;">3800 Howard Hughes Parkway</font></b></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:0pt;">Seventh Floor</font></b></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:0pt;">Las Vegas, Nevada 89169</font></b></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;letter-spacing:0pt;">(702) 792-7000</font></b></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="1" face="Times New Roman" style="font-size:5.0pt;letter-spacing:0pt;">&nbsp;</font></p>

<p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:0pt;">CALCULATION OF REGISTRATION FEE</font></b></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width="39%" style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:none;border-top:double windowtext 1.5pt;padding:0in 0in 0in 0in;width:39.0%;">
  <p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt 10.0pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:-10.0pt;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">Title
  of securities to be registered</font></b></p>
  </td>
  <td width="1%" valign="bottom" style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:solid windowtext 1.0pt;border-top:double windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.26%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="1%" valign="bottom" style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:none;border-top:double windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.26%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="11%" valign="bottom" style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:none;border-top:double windowtext 1.5pt;padding:0in 0in 0in 0in;width:11.0%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font style="font-weight:bold;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">Amount to be</font></b></font><b><font size="1" style="font-size:8.0pt;font-weight:bold;"><br>
  <font style="font-weight:bold;"><b><font face="Times New Roman">registered</font></b></font></font></b></p>
  </td>
  <td width="1%" valign="bottom" style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:solid windowtext 1.0pt;border-top:double windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.26%;">
  <p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="1%" valign="bottom" style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:none;border-top:double windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.26%;">
  <p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="14%" valign="bottom" style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:none;border-top:double windowtext 1.5pt;padding:0in 0in 0in 0in;width:14.0%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font style="font-weight:bold;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">Proposed</font></b></font><b><font size="1" style="font-size:8.0pt;font-weight:bold;"><br>
  <font style="font-weight:bold;"><b><font face="Times New Roman">maximum offering</font></b></font><br>
  <font style="font-weight:bold;"><b><font face="Times New Roman">price per share (1)</font></b></font></font></b></p>
  </td>
  <td width="1%" valign="bottom" style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:solid windowtext 1.0pt;border-top:double windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.26%;">
  <p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="1%" valign="bottom" style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:none;border-top:double windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.26%;">
  <p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="14%" valign="bottom" style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:none;border-top:double windowtext 1.5pt;padding:0in 0in 0in 0in;width:14.0%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font style="font-weight:bold;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">Proposed</font></b></font><b><font size="1" style="font-size:8.0pt;font-weight:bold;"><br>
  <font style="font-weight:bold;"><b><font face="Times New Roman">maximum aggregate</font></b></font><br>
  <font style="font-weight:bold;"><b><font face="Times New Roman">offering price (1)</font></b></font></font></b></p>
  </td>
  <td width="1%" valign="bottom" style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:solid windowtext 1.0pt;border-top:double windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.26%;">
  <p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="1%" valign="bottom" style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:none;border-top:double windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.26%;">
  <p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="11%" valign="bottom" style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:none;border-top:double windowtext 1.5pt;padding:0in 0in 0in 0in;width:11.92%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font style="font-weight:bold;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">Amount of</font></b></font><b><font size="1" style="font-size:8.0pt;font-weight:bold;"><br>
  <font style="font-weight:bold;"><b><font face="Times New Roman">Registration</font></b></font><br>
  <font style="font-weight:bold;"><b><font face="Times New Roman">Fee</font></b></font></font></b></p>
  </td>
 </tr>
 <tr>
  <td width="39%" valign="bottom" style="border:none;border-bottom:double windowtext 1.5pt;padding:0in 0in 0in 0in;width:39.0%;">
  <p align="left" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:2.0pt 0in .0001pt 13.7pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:-10.1pt;"><b><font size="1" face="Times New Roman" style="font-size:9.0pt;font-weight:normal;">Common Stock, $0.01 par
  value</font></b></p>
  </td>
  <td width="1%" valign="bottom" style="border-bottom:double windowtext 1.5pt;border-left:none;border-right:solid windowtext 1.0pt;border-top:none;padding:0in 0in 0in 0in;width:1.26%;">
  <p align="left" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:2.0pt 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;font-weight:normal;">&nbsp;</font></b></p>
  </td>
  <td width="1%" valign="bottom" style="border:none;border-bottom:double windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.26%;">
  <p align="left" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:2.0pt 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;font-weight:normal;">&nbsp;</font></b></p>
  </td>
  <td width="11%" valign="bottom" style="border:none;border-bottom:double windowtext 1.5pt;padding:0in 0in 0in 0in;width:11.0%;">
  <p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:2.0pt 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:9.0pt;font-weight:normal;">150,000</font></b></p>
  </td>
  <td width="1%" valign="bottom" style="border-bottom:double windowtext 1.5pt;border-left:none;border-right:solid windowtext 1.0pt;border-top:none;padding:0in 0in 0in 0in;width:1.26%;">
  <p align="left" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:2.0pt 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;font-weight:normal;">&nbsp;</font></b></p>
  </td>
  <td width="1%" valign="bottom" style="border:none;border-bottom:double windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.26%;">
  <p align="left" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:2.0pt 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;font-weight:normal;">&nbsp;</font></b></p>
  </td>
  <td width="14%" valign="bottom" style="border:none;border-bottom:double windowtext 1.5pt;padding:0in 0in 0in 0in;width:14.0%;">
  <p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:2.0pt 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:9.0pt;font-weight:normal;">$6.20</font></b></p>
  </td>
  <td width="1%" valign="bottom" style="border-bottom:double windowtext 1.5pt;border-left:none;border-right:solid windowtext 1.0pt;border-top:none;padding:0in 0in 0in 0in;width:1.26%;">
  <p align="left" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:2.0pt 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;font-weight:normal;">&nbsp;</font></b></p>
  </td>
  <td width="1%" valign="bottom" style="border:none;border-bottom:double windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.26%;">
  <p align="left" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:2.0pt 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;font-weight:normal;">&nbsp;</font></b></p>
  </td>
  <td width="14%" valign="bottom" style="border:none;border-bottom:double windowtext 1.5pt;padding:0in 0in 0in 0in;width:14.0%;">
  <p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:2.0pt 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:9.0pt;font-weight:normal;">$930,000</font></b></p>
  </td>
  <td width="1%" valign="bottom" style="border-bottom:double windowtext 1.5pt;border-left:none;border-right:solid windowtext 1.0pt;border-top:none;padding:0in 0in 0in 0in;width:1.26%;">
  <p align="left" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:2.0pt 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;font-weight:normal;">&nbsp;</font></b></p>
  </td>
  <td width="1%" valign="bottom" style="border:none;border-bottom:double windowtext 1.5pt;padding:0in 0in 0in 0in;width:1.26%;">
  <p align="left" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:2.0pt 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;font-weight:normal;">&nbsp;</font></b></p>
  </td>
  <td width="11%" valign="bottom" style="border:none;border-bottom:double windowtext 1.5pt;padding:0in 0in 0in 0in;width:11.92%;">
  <p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:2.0pt 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="1" face="Times New Roman" style="font-size:9.0pt;font-weight:normal;">$51.89</font></b></p>
  </td>
 </tr>
</table>

<p style="font-weight:bold;letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt .25in;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:-.25in;"><b><font size="1" face="Times New Roman" style="font-size:7.0pt;font-weight:normal;">&nbsp;</font></b></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt .25in;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:-.25in;"><font style="font-weight:bold;"><b><font size="1" face="Times New Roman" style="font-size:9.0pt;font-weight:normal;">(1)</font></b></font><font style="font-weight:bold;"><b><font size="1" face="Times New Roman" style="font-size:3.0pt;font-weight:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b></font><font style="font-weight:bold;"><b><font size="1" face="Times New Roman" style="font-size:9.0pt;font-weight:normal;">The proposed maximum offering
price and maximum aggregate offering price were computed in accordance with
Rule&nbsp;457(h)&nbsp;under the Securities Act of 1933 based upon the </font></b></font><font size="1" face="Times New Roman" style="font-size:9.0pt;">exercise
price for the shares subject to outstanding options granted pursuant to the Gaming Partners International Corporation
Stock Option Agreement with Gregory&nbsp;S. Gronau.</font></p>

<p style="font-weight:bold;letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></p>

</div>
<!-- SEQ.=1,FOLIO='',FILE='C:\JMS\brama\09-13409-1\task3552960\13409-1-ba.htm',USER='105435',CD='May 14 00:49 2009' -->


<br clear="all" style="page-break-before:always;">


<div>

<p style="font-weight:bold;letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></b></p>

<p style="font-weight:bold;letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;">PART&nbsp;I</font></b></p>

<p style="font-weight:bold;letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></b></p>

<p style="font-weight:bold;letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;">INFORMATION REQUIRED IN
THE SECTION&nbsp;10(A)&nbsp;PROSPECTUS</font></b></p>

<p style="font-weight:bold;letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></b></p>

<p style="font-weight:bold;letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:normal;">The information specified by Items 1
and 2 of Part&nbsp;I of Form&nbsp;S-8 is omitted from this Registration
Statement in accordance with the provisions of Rule&nbsp;428 under the
Securities Act of 1933 (&#147;Securities Act&#148;)&#160;
and the introductory Note to Part&nbsp;I of Form&nbsp;S-8.</font></b></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;page-break-after:avoid;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">PART&nbsp;II</font></b></p>

<p style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;page-break-after:avoid;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></b></p>

<p style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;page-break-after:avoid;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">INFORMATION REQUIRED IN
REGISTRATION STATEMENT</font></b></p>

<p style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;page-break-after:avoid;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></b></p>

<p style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;page-break-after:avoid;punctuation-wrap:simple;text-align:left;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Item&nbsp;3.&#160; Incorporation of Documents by Reference.</font></b></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">The following documents
filed by Registrant with the Securities and Exchange Commission are hereby
incorporated by reference:</font></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">(a)&#160;&#160;&#160;&#160; Registrant&#146;s Annual Report on Form&nbsp;10-K
for the fiscal year ended December&nbsp;31, 2008;</font></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">(b)&#160;&#160;&#160;&#160; Registrant&#146;s Quarterly Report on Form&nbsp;10-Q
for the three months ended March&nbsp;31, 2009;</font></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">(c)&#160;&#160;&#160;&#160; Registrant&#146;s Current Report on Form&nbsp;8-K
filed on January&nbsp;16, 2009; and</font></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">(d)&#160;&#160;&#160;&#160; The description of Registrant&#146;s Common Stock contained in
Registrant&#146;s Registration Statement on Form&nbsp;8-A filed March&nbsp;8, 1994
(File No.&nbsp;0-23588), including any amendment or report filed for the
purpose of updating such description.</font></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">All documents subsequently filed by Registrant
pursuant to Sections&nbsp;13(a), 13(c), 14 and 15(d)&nbsp;of the Securities
Exchange Act of 1934, prior to the filing of a post-effective amendment which
indicates that all securities offered have been sold or which deregisters all
securities then remaining unsold, shall be deemed to be incorporated by
reference in this registration statement and to be a part hereof from the date
of filing of such documents.</font></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">Any statement contained herein or in a document
incorporated or deemed to be incorporated by reference herein shall be deemed
to be modified or superseded for purposes of this registration statement to the
extent that such statement is modified or superseded by a subsequently filed
document which also is or is deemed to be incorporated by reference
herein.&#160; Any such statement so modified
or superseded shall not be deemed, except as so modified or superseded, to constitute
a part of this registration statement.</font></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">Item
4.&#160; Description of Securities.</font></b></p>

<p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>

<p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Not applicable.</font></p>

<p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>

<p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">Item
5.&#160; Interests of Named Experts and
Counsel.</font></b></p>

<p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>

<p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Not applicable.</font></p>

<p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>

<p style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;page-break-after:avoid;punctuation-wrap:simple;text-align:left;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Item&nbsp;6.&#160; Indemnification of Directors and Officers.</font></b></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">Subsection&nbsp;1 of Section&nbsp;78.7502 of the
Nevada Revised Statutes (the &#147;Nevada Law&#148;) empowers a corporation to indemnify
any person who was or is a party or is threatened to be made a party to any
threatened, pending or completed action, suit, or proceeding, whether civil,
criminal, administrative or </font></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#151; 2 &#151;</font></p>

</div>
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<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">investigative (other than an action by or in the
right of the corporation) by reason of the fact that he is or was a director,
officer, employee or agent of the corporation, or is or was serving at the
request of the corporation as a director, officer, employee or agent of another
corporation, partnership, joint venture, trust or other enterprise, against
expenses (including attorneys&#146; fees), judgments, fines and amounts paid in
settlement actually and reasonably incurred by him in connection with such
action, suit or proceeding if he is not liable pursuant to Section&nbsp;78.138
of the Nevada Law or if he acted in good faith and in a manner he reasonably
believed to be in or not opposed to the best interests of the corporation, and,
with respect to any criminal action or proceeding, had no reasonable cause to
believe his conduct was unlawful. Section&nbsp;78.138 of the Nevada Law
provides that, with certain exceptions, a director or officer is not individually
liable to the corporation or its stockholders for any damages as a result of
any act or failure to act in his capacity as a director or officer unless it is
proven that (i)&nbsp;his act or failure to act constituted a breach of his
fiduciary duties as a director or officer, and (ii)&nbsp;his breach of those
duties involved intentional misconduct, fraud or a knowing violation of
law.&#160; Registrant&#146;s articles of
incorporation contain a similar provision.</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">Subsection&nbsp;2 of Section&nbsp;78.7502 empowers a
corporation to indemnify any person who was or is a party or is threatened to
be made a party to any threatened, pending or completed action or suit by or in
the right of the corporation to procure a judgment in its favor by reason of
the fact that such person acted in any of the capacities set forth above
against expenses, including amounts paid in settlement and attorneys&#146; fees
actually and reasonably incurred by him in connection with the defense or
settlement of such action or suit if he acted in accordance with the standards
set forth above, except that no indemnification may be made in respect of any
claim, issue or matter as to which such person shall have been adjudged by a
court of competent jurisdiction, after exhaustion of all appeals therefrom, to
be liable to the corporation or for amounts paid in settlement to the
corporation, unless and only to the extent that the court in which such action
or suit was brought or other court of competent jurisdiction determines that in
view of all the circumstances of the case such person is fairly and reasonably
entitled to indemnify for such expenses as the court deems proper.</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">Section&nbsp;78.7502 further provides that to the
extent a director or officer of a corporation has been successful in the
defense of any action, suit or proceeding referred to in subsections&nbsp;(1)&nbsp;and
(2)&nbsp;of Section&nbsp;78.7502, or in the defense of any claim, issue or
matter therein, the corporation shall indemnify him against expenses (including
attorneys&#146; fees) actually and reasonably incurred by him in connection with the
defense or settlement of the action or suit.</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">Section&nbsp;78.751 of the Nevada Law provides that
the articles of incorporation, the bylaws or an agreement made by the
corporation may provide that the expenses of officers and directors incurred in
defending a civil or criminal action, suit or proceeding must be paid by the
corporation as they are incurred and in advance of the final disposition of the
action, suit or proceeding, upon receipt of an undertaking by or on behalf of
the director or officer to repay the amount if it is ultimately determined by a
court of competent jurisdiction that he is not entitled to be indemnified by
the corporation.&#160; Registrant&#146;s articles
of incorporation and bylaws require Registrant to make such payment of expenses
in advance upon receipt of such an undertaking.</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">Section&nbsp;78.751 of the Nevada Law requires the
corporation to obtain a determination that any discretionary indemnification is
proper under the circumstances.&#160; Such a
determination must be made by either Registrant&#146;s stockholders; its board of
directors by majority vote of a quorum consisting of directors who were not
parties to the action, suit or proceeding; or under certain circumstances by
independent legal counsel.&#160; Section&nbsp;78.751
also provides that the indemnification provided for by Section&nbsp;78.7502 and
the advancement of expenses authorized pursuant to Section&nbsp;78.751 shall
not be deemed exclusive or exclude any other rights to which the indemnified
party may be entitled except that indemnification unless ordered by a court
pursuant to Section&nbsp;78.7502 may not be made on or behalf of </font></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#151; 3 &#151;</font></p>

</div>
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<div>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">any officer or director if a final adjudication
establishes that his acts or omissions involved intentional misconduct, fraud
or a knowing violation of the law and was material to the cause of action for
which indemnification is sought.&#160; The
scope of indemnification under the statute shall continue as to directors,
officers, employees or agents who have ceased to hold such positions, and to
the benefit of their heirs, executors and administrators.</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">Section&nbsp;78.752 of the Nevada Law empowers the
corporation to purchase and maintain insurance or make other financial
arrangements on behalf of any person who is or was a director, officer,
employee or agent of the corporation or was serving at the request of the
corporation as a director, officer, employee or agent of another corporation,
partnership, joint venture, trust or other enterprise, against any liability
asserted against him or incurred by him in any such capacity or arising out of
his status as such whether or not the corporation would have the power to
indemnify him against such liabilities and expenses.</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">Registrant has provided for indemnification to the
fullest extent permitted by the provisions of Nevada Law in its articles of
incorporation and bylaws.&#160; In addition,
Registrant has contractually agreed to indemnify each present and former
director of Registrant as of the closing date of its combination with Bourgogne
et Grasset (the &#147;Combination&#148;) against any claim arising out of or pertaining
to any matter existing or occurring at or prior to the closing date of the
Combination, whether asserted or claimed prior to, at or after such closing
date, to the fullest extent permitted under Nevada law and its articles of
incorporation or bylaws then in effect.&#160;
Registrant also maintains a directors&#146; and officers&#146; liability insurance
policy.&#160; Registrant has agreed to
maintain for a period of six years after the Combination a directors&#146; and
officers&#146; liability insurance policy covering those persons who were covered as
of the date of the Combination.</font></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;page-break-after:avoid;punctuation-wrap:simple;text-align:left;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Item 7.&#160; Exemption from Registration Claimed.</font></b></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">Not applicable.</font></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;page-break-after:avoid;punctuation-wrap:simple;text-align:left;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Item&nbsp;8.&#160; Exhibits.</font></b></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;page-break-after:avoid;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;page-break-after:avoid;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">The
following exhibits are filed as a part of this registration statement:</font></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;page-break-after:avoid;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="93%" style="border-collapse:collapse;margin-left:.5in;width:93.36%;">
 <tr>
  <td width="5%" valign="top" style="padding:0in .7pt 0in .7pt;width:5.48%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">4.01</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.04%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0in .7pt 0in .7pt;width:92.48%;">
  <p style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Stock Option Agreement between
  Gregory S. Gronau and Gaming Partners International Corporation dated
  May&nbsp;6, 2009, incorporated by reference to Appendix A of Registrant&#146;s
  definitive proxy statement dated April&nbsp;6, 2009 filed with the SEC on
  April&nbsp;6, 2009</font></p>
  </td>
 </tr>
 <tr>
  <td width="5%" valign="top" style="padding:0in .7pt 0in .7pt;width:5.48%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:5.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.04%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:5.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0in .7pt 0in .7pt;width:92.48%;">
  <p style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:5.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="5%" valign="top" style="padding:0in .7pt 0in .7pt;width:5.48%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">5.01</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.04%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0in .7pt 0in .7pt;width:92.48%;">
  <p style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Opinion of Kummer Kaempfer
  Bonner Renshaw&nbsp;&amp; Ferrario as to the legality of the Common Stock
  being registered.</font></p>
  </td>
 </tr>
 <tr>
  <td width="5%" valign="top" style="padding:0in .7pt 0in .7pt;width:5.48%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:5.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.04%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:5.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0in .7pt 0in .7pt;width:92.48%;">
  <p style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:5.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="5%" valign="top" style="padding:0in .7pt 0in .7pt;width:5.48%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">23.01</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.04%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0in .7pt 0in .7pt;width:92.48%;">
  <p style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Consent of Moss Adams LLP,
  Independent Registered Public Accounting Firm</font></p>
  </td>
 </tr>
 <tr>
  <td width="5%" valign="top" style="padding:0in .7pt 0in .7pt;width:5.48%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:5.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.04%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:5.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0in .7pt 0in .7pt;width:92.48%;">
  <p style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:5.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="5%" valign="top" style="padding:0in .7pt 0in .7pt;width:5.48%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">23.02</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.04%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0in .7pt 0in .7pt;width:92.48%;">
  <p style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Consent of Kummer Kaempfer
  Bonner Renshaw&nbsp;&amp; Ferrario (contained in Exhibit&nbsp;5.01).</font></p>
  </td>
 </tr>
 <tr>
  <td width="5%" valign="top" style="padding:0in .7pt 0in .7pt;width:5.48%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:5.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.04%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:5.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0in .7pt 0in .7pt;width:92.48%;">
  <p style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:5.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="5%" valign="top" style="padding:0in .7pt 0in .7pt;width:5.48%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">24.01</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.04%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0in .7pt 0in .7pt;width:92.48%;">
  <p style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Power of Attorney (contained on
  the signature page&nbsp;hereto).</font></p>
  </td>
 </tr>
 <tr>
  <td width="5%" valign="top" style="padding:0in .7pt 0in .7pt;width:5.48%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.04%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="92%" valign="top" style="padding:0in .7pt 0in .7pt;width:92.48%;">
  <p style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;page-break-after:avoid;punctuation-wrap:simple;text-align:left;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Item&nbsp;9.&#160; Undertakings.</font></b></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">(a)&#160;&#160;&#160;&#160; The undersigned Registrant hereby
undertakes:</font></p>

<p align="left" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt .5in;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt .5in;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">(1)&#160;&#160;&#160;&#160; To
file, during any period in which offers or sales are being made, a
post-effective amendment to this registration statement:</font></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#151; 4 &#151;</font></p>

</div>
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<div style="font-family:Times New Roman;">

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt .5in;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt 63.0pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">(i)&#160;&#160;&#160;&#160;&#160; To
include any prospectus required by Section&nbsp;10(a)(3)&nbsp;of the Securities
Act of 1933;</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt 63.0pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt 63.0pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">(ii)&#160;&#160;&#160;&#160; To
reflect in the prospectus any facts or events arising after the effective date
of the registration statement (or the most recent post-effective amendment thereof)
which, individually or in the aggregate, represent a fundamental change in the
information set forth in the registration statement.&#160; Notwithstanding the foregoing, any increase
or decrease in volume of securities offered (if the total dollar value of
securities offered would not exceed that which was registered) and any
deviation from the low or high end of the estimated maximum offering range may
be reflected in the form of prospectus filed with the Commission pursuant to Rule&nbsp;424(b)&nbsp;if,
in the aggregate, the changes in volume and price represent no more than a 20
percent change in the maximum aggregate offering price set forth in the &#147;Calculation
of Registration Fee&#148; table in the effective registration statement; and</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt 63.0pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt 63.0pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">(iii)&#160;&#160;&#160; To
include any material information with respect to the plan of distribution not
previously disclosed in the registration statement or any material change to
such information in the registration statement.</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt 63.0pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="font-size:11.0pt;letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:0in;"><i><font size="2" face="Times New Roman" style="font-size:11.0pt;font-style:italic;">provided,
however,</font></i> that paragraphs&nbsp;(a)(1)(i)&nbsp;and (a)(1)(ii)&nbsp;do not apply if
the information required to be included in a post-effective amendment by those
paragraphs is contained in reports filed with or furnished to the Commission by
the Registrant pursuant to Section&nbsp;13 or Section&nbsp;15(d)&nbsp;of the
Securities Exchange Act of 1934 that are incorporated by reference in the
registration statement.</p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt .5in;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">(2)&#160;&#160;&#160;&#160; That,
for the purpose of determining any liability under the Securities Act of 1933,
each such post-effective amendment shall be deemed to be a new registration
statement relating to the securities offered therein, and the offering of such
securities at that time shall be deemed to be the initial <i>bona fide</i>
offering thereof.</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt .5in;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt .5in;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">(3)&#160;&#160;&#160;&#160; To
remove from registration by means of a post-effective amendment any of the
securities being registered which remain unsold at the termination of the
offering.</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt .5in;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">(b)&#160;&#160;&#160;&#160; The undersigned Registrant hereby undertakes that, for purposes
of determining any liability under the Securities Act of 1933, each filing of
the Registrant&#146;s annual report pursuant to Section&nbsp;13(a)&nbsp;or 15(d)&nbsp;of
the Securities Exchange Act of 1934 (and, where applicable, each filing of an
employee benefit plan&#146;s annual report pursuant to Section&nbsp;15(d)&nbsp;of
the Securities Exchange Act of 1934) that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial <i>bona fide</i>
offering thereof.</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">&nbsp;</font></p>

<p style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;">(c)&#160;&#160;&#160;&#160; Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers and controlling
persons of the Registrant pursuant to the foregoing provisions, or otherwise,
the Registrant has been advised that in the opinion of the Securities Exchange
Commission such indemnification is against public policy as expressed in the
Act and is, therefore, unenforceable.&#160; In
the event that a claim for indemnification against such liabilities (other than
the payment by the Registrant of expenses incurred or paid by a director,
officer or controlling person of the registrant in the successful defense of
any action, suit or proceeding) is asserted by such director, officer or
controlling person in connection with the securities being registered, the
Registrant will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of appropriate jurisdiction
the question whether such indemnification by it is against public policy as
expressed in the Act and will be governed by the final adjudication of such
issue.</font></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#151; 5 &#151;</font></p>

</div>
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<div style="font-family:Times New Roman;">

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="font-weight:bold;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;letter-spacing:0pt;">SIGNATURES</font></b></p>

<p style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>

<p style="font-size:11.0pt;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Pursuant to the requirements of the
Securities Act of 1933, the Registrant certifies that it has reasonable grounds
to believe that it meets all the requirements for filing on Form&nbsp;S-8 and
has duly caused this registration statement to be signed on its behalf by the
undersigned, thereunto duly authorized in the City of Las Vegas, State of
Nevada, on May&nbsp;</font><font style="letter-spacing:0pt;">13, 2009.</font></p>

<p style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width="48%" valign="top" style="padding:0in .7pt 0in .7pt;width:48.34%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="51%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:51.66%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">GAMING PARTNERS INTERNATIONAL CORPORATION</font></p>
  </td>
 </tr>
 <tr>
  <td width="48%" valign="top" style="padding:0in .7pt 0in .7pt;width:48.34%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="51%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:51.66%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="48%" valign="top" style="padding:0in .7pt 0in .7pt;width:48.34%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="51%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:51.66%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="48%" valign="top" style="padding:0in .7pt 0in .7pt;width:48.34%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">By:</font></p>
  </td>
  <td width="47%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:47.26%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp; /s/ GERARD P. CHARLIER</font></p>
  </td>
 </tr>
 <tr>
  <td width="48%" valign="top" style="padding:0in .7pt 0in .7pt;width:48.34%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="47%" valign="top" style="padding:0in .7pt 0in .7pt;width:47.26%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp; Gerard P. Charlier</font></p>
  </td>
 </tr>
 <tr>
  <td width="48%" valign="top" style="padding:0in .7pt 0in .7pt;width:48.34%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="47%" valign="top" style="padding:0in .7pt 0in .7pt;width:47.26%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp; President and Chief Executive Officer</font></p>
  </td>
 </tr>
</table>

<p style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;letter-spacing:0pt;">POWER OF ATTORNEY</font></b></p>

<p style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>

<p style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">The undersigned directors and
officers of Gaming Partners International Corporation hereby appoint Laura
McAllister Cox and David W. Grimes, and either of them, as attorney-in-fact for
the undersigned, with full power of substitution, for and in the name, place
and stead of the undersigned, to sign and file with the Securities and Exchange
Commission under the Securities Act of 1933 any and all amendments and exhibits
to this registration statement and any and all applications and other documents
to be filed with the Securities and Exchange Commission pertaining to the
registration of the securities covered hereby, with full power and authority to
do and perform any and all acts and things whatsoever requisite and necessary
or desirable, hereby ratifying and confirming all that said attorney-in-fact,
or his substitute or substitutes, may lawfully do or cause to be done by virtue
hereof.</font></p>

<p style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>

<p style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Pursuant to the requirements of the
Securities Act of 1933, this registration statement has been signed by the
following persons in the capacities and on the date indicated.</font></p>

<p style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:justify;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width="34%" valign="top" style="padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">Signature</font></b></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">Title</font></b></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">Date</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">/s/
  GERARD P. CHARLIER</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Director,
  President and Chief Executive Officer</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="font-size:11.0pt;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">May&nbsp;</font><font style="letter-spacing:0pt;">13, 2009</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Gerard P. Charlier</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">(Principal
  Executive Officer)</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">/s/
  DAVID W. GRIMES</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Chief
  Financial Officer</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="font-size:11.0pt;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">May&nbsp;</font><font style="letter-spacing:0pt;">13, 2009</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">David
  W. Grimes</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">(Principal
  Financial and Accounting<br>
  Officer)</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">/s/
  MARTIN A. BERKOWITZ</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Director</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="font-size:11.0pt;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">May&nbsp;</font><font style="letter-spacing:0pt;">13, 2009</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Martin
  A. Berkowitz</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#151; 6 &#151;</font></p>

</div>
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<br clear="all" style="page-break-before:always;">


<div style="font-family:Times New Roman;">

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width="34%" valign="top" style="padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">Signature</font></b></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">Title</font></b></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">Date</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Director</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Elisabeth
  Carrette</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">/s/
  ERIC P. ENDY</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Director</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="font-size:11.0pt;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">May&nbsp;</font><font style="letter-spacing:0pt;">13, 2009</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Eric P.
  Endy</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Director</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Charles
  R. Henry</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">/s/
  ROBERT J. KELLY</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Director</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="center" style="font-size:11.0pt;letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">May&nbsp;</font><font style="letter-spacing:0pt;">13, 2009</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Robert
  J. Kelly</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Director</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="34%" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:34.2%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Alain Thieffry</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0in .7pt 0in .7pt;width:3.5%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0in .7pt 0in .7pt;width:37.4%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0in .7pt 0in .7pt;width:4.16%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="20%" valign="top" style="padding:0in .7pt 0in .7pt;width:20.74%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table>

<p align="center" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#151; 7 &#151;</font></p>

</div>
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<br clear="all" style="page-break-before:always;">


<div>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width="11%" valign="top" style="padding:0in .7pt 0in .7pt;width:11.26%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">Exhibit<br>
  <u>Number</u></font></b></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.14%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;letter-spacing:0pt;">&nbsp;</font></b></p>
  </td>
  <td width="86%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:86.6%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><b><u><font size="2" face="Times New Roman" style="font-size:11.0pt;font-weight:bold;letter-spacing:0pt;">Description</font></u></b></p>
  </td>
 </tr>
 <tr>
  <td width="11%" valign="top" style="padding:0in .7pt 0in .7pt;width:11.26%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:6.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.14%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:6.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="86%" valign="top" style="padding:0in .7pt 0in .7pt;width:86.6%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:6.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="11%" valign="top" style="padding:0in .7pt 0in .7pt;width:11.26%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;4.01</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.14%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="86%" valign="top" style="padding:0in .7pt 0in .7pt;width:86.6%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Stock
  Option Agreement between Gregory S. Gronau and Gaming Partners International
  Corporation dated May&nbsp;6, 2009, incorporated by reference to Appendix A
  of Registrant&#146;s definitive proxy statement dated April&nbsp;6, 2009 filed with
  the SEC on April&nbsp;6, 2009</font></p>
  </td>
 </tr>
 <tr>
  <td width="11%" valign="top" style="padding:0in .7pt 0in .7pt;width:11.26%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:6.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.14%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:6.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="86%" valign="top" style="padding:0in .7pt 0in .7pt;width:86.6%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:6.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="11%" valign="top" style="padding:0in .7pt 0in .7pt;width:11.26%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;5.01</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.14%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="86%" valign="top" style="padding:0in .7pt 0in .7pt;width:86.6%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Opinion
  of Kummer Kaempfer Bonner Renshaw&nbsp;&amp; Ferrario re: legality of the
  securities being registered</font></p>
  </td>
 </tr>
 <tr>
  <td width="11%" valign="top" style="padding:0in .7pt 0in .7pt;width:11.26%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:6.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.14%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:6.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="86%" valign="top" style="padding:0in .7pt 0in .7pt;width:86.6%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:6.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="11%" valign="top" style="padding:0in .7pt 0in .7pt;width:11.26%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;23.01</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.14%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="86%" valign="top" style="padding:0in .7pt 0in .7pt;width:86.6%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Consent
  of Moss Adams LLP, Independent Registered Public Accounting Firm</font></p>
  </td>
 </tr>
 <tr>
  <td width="11%" valign="top" style="padding:0in .7pt 0in .7pt;width:11.26%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:6.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.14%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:6.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="86%" valign="top" style="padding:0in .7pt 0in .7pt;width:86.6%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:6.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="11%" valign="top" style="padding:0in .7pt 0in .7pt;width:11.26%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;23.02</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.14%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="86%" valign="top" style="padding:0in .7pt 0in .7pt;width:86.6%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Consent
  of Kummer Kaempfer Bonner Renshaw&nbsp;&amp; Ferrario (contained in
  Exhibit&nbsp;5.01). </font></p>
  </td>
 </tr>
 <tr>
  <td width="11%" valign="top" style="padding:0in .7pt 0in .7pt;width:11.26%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:6.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.14%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:6.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="86%" valign="top" style="padding:0in .7pt 0in .7pt;width:86.6%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="1" face="Times New Roman" style="font-size:6.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="11%" valign="top" style="padding:0in .7pt 0in .7pt;width:11.26%;">
  <p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">&nbsp;24.01</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.14%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;letter-spacing:0pt;">&nbsp;</font></p>
  </td>
  <td width="86%" valign="top" style="padding:0in .7pt 0in .7pt;width:86.6%;">
  <p align="left" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:left;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:11.0pt;letter-spacing:0pt;">Power
  of Attorney (contained on the signature page&nbsp;hereto).</font></p>
  </td>
 </tr>
</table>

<p align="center" style="letter-spacing:0pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="letter-spacing:-.15pt;line-height:normal;margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#151; 8 &#151;</font></p>

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{"company-data": {"conformed-name": "Gaming Partners International CORP", "cik": "0000918580", "assigned-sic": "3944", "irs-number": "880310433", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-159217", "film-number": "09822910"}, "business-address": {"street1": "1700 INDUSTRIAL ROAD", "city": "LAS VEGAS", "state": "NV", "zip": "89102", "phone": "7023842425"}, "mail-address": {"street1": "1700 INDUSTRIAL ROAD", "city": "LAS VEGAS", "state": "NV", "zip": "89102"}, "former-company": {"former-conformed-name": "PAUL SON GAMING CORP", "date-changed": "19940203"}}
UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 
20549
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
GAMING PARTNERS INTERNATIONAL
CORPORATION
(Exact name of registrant as specified in its charter)
Nevada
88-0310433
(State
  or other jurisdiction of incorporation or organization)
(I.R.S.
  Employer Identification No.)
1700 Industrial Road, Las Vegas, Nevada 89102
(Address of registrant's principal executive offices, including zip
  code)
Gaming Partners International
  Corporation
Stock Option Agreement with
Gregory S.
  Gronau
(Full title of the plan)
David W. Grimes
Chief Financial Officer
Gaming Partners International Corporation
1700 Industrial Road
Las Vegas, Nevada 89102
(Name and address of agent for service)
(702) 384-2425
(Telephone number, including area code, of agent for service)
Indicate by check mark whether the registrant is a
large accelerated filer, an accelerated filer, a non-accelerated filer, or a
smaller reporting company. See the definitions of "large accelerated filer,"
"accelerated filer," and "smaller reporting company" in Rule 12b-2 of the
Exchange Act.
Large Accelerated
  Filer
o
Accelerated Filer
o
Non-accelerated filer
o
(do not check if
  smaller reporting company)
Smaller reporting company
x
Please send copies of all correspondence to:
John C. Jeppsen, Esq.
KUMMER KAEMPFER BONNER RENSHAW &
FERRARIO
3800 Howard Hughes Parkway
Seventh Floor
Las Vegas, Nevada 89169
(702) 792-7000
CALCULATION OF REGISTRATION FEE
Title
  of securities to be registered
Amount to be
registered
Proposed
maximum offering
price per share (1)
Proposed
maximum aggregate
offering price (1)
Amount of
Registration
Fee
Common Stock, $0.01 par
  value
150,000
$6.20
$930,000
$51.89
(1)
The proposed maximum offering
price and maximum aggregate offering price were computed in accordance with
Rule 457(h) under the Securities Act of 1933 based upon the
exercise
price for the shares subject to outstanding options granted pursuant to the Gaming Partners International Corporation
Stock Option Agreement with Gregory S. Gronau.
PART I
INFORMATION REQUIRED IN
THE SECTION 10(A) PROSPECTUS
The information specified by Items 1
and 2 of Part I of Form S-8 is omitted from this Registration
Statement in accordance with the provisions of Rule 428 under the
Securities Act of 1933 ("Securities Act") 
and the introductory Note to Part I of Form S-8.
PART II
INFORMATION REQUIRED IN
REGISTRATION STATEMENT
Item 3.  Incorporation of Documents by Reference.
The following documents
filed by Registrant with the Securities and Exchange Commission are hereby
incorporated by reference:
(a)     Registrant's Annual Report on Form 10-K
for the fiscal year ended December 31, 2008;
(b)     Registrant's Quarterly Report on Form 10-Q
for the three months ended March 31, 2009;
(c)     Registrant's Current Report on Form 8-K
filed on January 16, 2009; and
(d)     The description of Registrant's Common Stock contained in
Registrant's Registration Statement on Form 8-A filed March 8, 1994
(File No. 0-23588), including any amendment or report filed for the
purpose of updating such description.
All documents subsequently filed by Registrant
pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities
Exchange Act of 1934, prior to the filing of a post-effective amendment which
indicates that all securities offered have been sold or which deregisters all
securities then remaining unsold, shall be deemed to be incorporated by
reference in this registration statement and to be a part hereof from the date
of filing of such documents.
Any statement contained herein or in a document
incorporated or deemed to be incorporated by reference herein shall be deemed
to be modified or superseded for purposes of this registration statement to the
extent that such statement is modified or superseded by a subsequently filed
document which also is or is deemed to be incorporated by reference
herein.  Any such statement so modified
or superseded shall not be deemed, except as so modified or superseded, to constitute
a part of this registration statement.
Item
4.  Description of Securities.
Not applicable.
Item
5.  Interests of Named Experts and
Counsel.
Not applicable.
Item 6.  Indemnification of Directors and Officers.
Subsection 1 of Section 78.7502 of the
Nevada Revised Statutes (the "Nevada Law") empowers a corporation to indemnify
any person who was or is a party or is threatened to be made a party to any
threatened, pending or completed action, suit, or proceeding, whether civil,
criminal, administrative or
— 2 —
investigative (other than an action by or in the
right of the corporation) by reason of the fact that he is or was a director,
officer, employee or agent of the corporation, or is or was serving at the
request of the corporation as a director, officer, employee or agent of another
corporation, partnership, joint venture, trust or other enterprise, against
expenses (including attorneys' fees), judgments, fines and amounts paid in
settlement actually and reasonably incurred by him in connection with such
action, suit or proceeding if he is not liable pursuant to Section 78.138
of the Nevada Law or if he acted in good faith and in a manner he reasonably
believed to be in or not opposed to the best interests of the corporation, and,
with respect to any criminal action or proceeding, had no reasonable cause to
believe his conduct was unlawful. Section 78.138 of the Nevada Law
provides that, with certain exceptions, a director or officer is not individually
liable to the corporation or its stockholders for any damages as a result of
any act or failure to act in his capacity as a director or officer unless it is
proven that (i) his act or failure to act constituted a breach of his
fiduciary duties as a director or officer, and (ii) his breach of those
duties involved intentional misconduct, fraud or a knowing violation of
law.  Registrant's articles of
incorporation contain a similar provision.
Subsection 2 of Section 78.7502 empowers a
corporation to indemnify any person who was or is a party or is threatened to
be made a party to any threatened, pending or completed action or suit by or in
the right of the corporation to procure a judgment in its favor by reason of
the fact that such person acted in any of the capacities set forth above
against expenses, including amounts paid in settlement and attorneys' fees
actually and reasonably incurred by him in connection with the defense or
settlement of such action or suit if he acted in accordance with the standards
set forth above, except that no indemnification may be made in respect of any
claim, issue or matter as to which such person shall have been adjudged by a
court of competent jurisdiction, after exhaustion of all appeals therefrom, to
be liable to the corporation or for amounts paid in settlement to the
corporation, unless and only to the extent that the court in which such action
or suit was brought or other court of competent jurisdiction determines that in
view of all the circumstances of the case such person is fairly and reasonably
entitled to indemnify for such expenses as the court deems proper.
Section 78.7502 further provides that to the
extent a director or officer of a corporation has been successful in the
defense of any action, suit or proceeding referred to in subsections (1) and
(2) of Section 78.7502, or in the defense of any claim, issue or
matter therein, the corporation shall indemnify him against expenses (including
attorneys' fees) actually and reasonably incurred by him in connection with the
defense or settlement of the action or suit.
Section 78.751 of the Nevada Law provides that
the articles of incorporation, the bylaws or an agreement made by the
corporation may provide that the expenses of officers and directors incurred in
defending a civil or criminal action, suit or proceeding must be paid by the
corporation as they are incurred and in advance of the final disposition of the
action, suit or proceeding, upon receipt of an undertaking by or on behalf of
the director or officer to repay the amount if it is ultimately determined by a
court of competent jurisdiction that he is not entitled to be indemnified by
the corporation.  Registrant's articles
of incorporation and bylaws require Registrant to make such payment of expenses
in advance upon receipt of such an undertaking.
Section 78.751 of the Nevada Law requires the
corporation to obtain a determination that any discretionary indemnification is
proper under the circumstances.  Such a
determination must be made by either Registrant's stockholders; its board of
directors by majority vote of a quorum consisting of directors who were not
parties to the action, suit or proceeding; or under certain circumstances by
independent legal counsel.  Section 78.751
also provides that the indemnification provided for by Section 78.7502 and
the advancement of expenses authorized pursuant to Section 78.751 shall
not be deemed exclusive or exclude any other rights to which the indemnified
party may be entitled except that indemnification unless ordered by a court
pursuant to Section 78.7502 may not be made on or behalf of
— 3 —
any officer or director if a final adjudication
establishes that his acts or omissions involved intentional misconduct, fraud
or a knowing violation of the law and was material to the cause of action for
which indemnification is sought.  The
scope of indemnification under the statute shall continue as to directors,
officers, employees or agents who have ceased to hold such positions, and to
the benefit of their heirs, executors and administrators.
Section 78.752 of the Nevada Law empowers the
corporation to purchase and maintain insurance or make other financial
arrangements on behalf of any person who is or was a director, officer,
employee or agent of the corporation or was serving at the request of the
corporation as a director, officer, employee or agent of another corporation,
partnership, joint venture, trust or other enterprise, against any liability
asserted against him or incurred by him in any such capacity or arising out of
his status as such whether or not the corporation would have the power to
indemnify him against such liabilities and expenses.
Registrant has provided for indemnification to the
fullest extent permitted by the provisions of Nevada Law in its articles of
incorporation and bylaws.  In addition,
Registrant has contractually agreed to indemnify each present and former
director of Registrant as of the closing date of its combination with Bourgogne
et Grasset (the "Combination") against any claim arising out of or pertaining
to any matter existing or occurring at or prior to the closing date of the
Combination, whether asserted or claimed prior to, at or after such closing
date, to the fullest extent permitted under Nevada law and its articles of
incorporation or bylaws then in effect. 
Registrant also maintains a directors' and officers' liability insurance
policy.  Registrant has agreed to
maintain for a period of six years after the Combination a directors' and
officers' liability insurance policy covering those persons who were covered as
of the date of the Combination.
Item 7.  Exemption from Registration Claimed.
Not applicable.
Item 8.  Exhibits.
The
following exhibits are filed as a part of this registration statement:
4.01
Stock Option Agreement between
  Gregory S. Gronau and Gaming Partners International Corporation dated
  May 6, 2009, incorporated by reference to Appendix A of Registrant's
  definitive proxy statement dated April 6, 2009 filed with the SEC on
  April 6, 2009
5.01
Opinion of Kummer Kaempfer
  Bonner Renshaw & Ferrario as to the legality of the Common Stock
  being registered.
23.01
Consent of Moss Adams LLP,
  Independent Registered Public Accounting Firm
23.02
Consent of Kummer Kaempfer
  Bonner Renshaw & Ferrario (contained in Exhibit 5.01).
24.01
Power of Attorney (contained on
  the signature page hereto).
Item 9.  Undertakings.
(a)     The undersigned Registrant hereby
undertakes:
(1)     To
file, during any period in which offers or sales are being made, a
post-effective amendment to this registration statement:
— 4 —
(i)      To
include any prospectus required by Section 10(a)(3) of the Securities
Act of 1933;
(ii)     To
reflect in the prospectus any facts or events arising after the effective date
of the registration statement (or the most recent post-effective amendment thereof)
which, individually or in the aggregate, represent a fundamental change in the
information set forth in the registration statement.  Notwithstanding the foregoing, any increase
or decrease in volume of securities offered (if the total dollar value of
securities offered would not exceed that which was registered) and any
deviation from the low or high end of the estimated maximum offering range may
be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if,
in the aggregate, the changes in volume and price represent no more than a 20
percent change in the maximum aggregate offering price set forth in the "Calculation
of Registration Fee" table in the effective registration statement; and
(iii)    To
include any material information with respect to the plan of distribution not
previously disclosed in the registration statement or any material change to
such information in the registration statement.
provided,
however,
that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if
the information required to be included in a post-effective amendment by those
paragraphs is contained in reports filed with or furnished to the Commission by
the Registrant pursuant to Section 13 or Section 15(d) of the
Securities Exchange Act of 1934 that are incorporated by reference in the
registration statement.
(2)     That,
for the purpose of determining any liability under the Securities Act of 1933,
each such post-effective amendment shall be deemed to be a new registration
statement relating to the securities offered therein, and the offering of such
securities at that time shall be deemed to be the initial
bona fide
offering thereof.
(3)     To
remove from registration by means of a post-effective amendment any of the
securities being registered which remain unsold at the termination of the
offering.
(b)     The undersigned Registrant hereby undertakes that, for purposes
of determining any liability under the Securities Act of 1933, each filing of
the Registrant's annual report pursuant to Section 13(a) or 15(d) of
the Securities Exchange Act of 1934 (and, where applicable, each filing of an
employee benefit plan's annual report pursuant to Section 15(d) of
the Securities Exchange Act of 1934) that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial
bona fide
offering thereof.
(c)     Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers and controlling
persons of the Registrant pursuant to the foregoing provisions, or otherwise,
the Registrant has been advised that in the opinion of the Securities Exchange
Commission such indemnification is against public policy as expressed in the
Act and is, therefore, unenforceable.  In
the event that a claim for indemnification against such liabilities (other than
the payment by the Registrant of expenses incurred or paid by a director,
officer or controlling person of the registrant in the successful defense of
any action, suit or proceeding) is asserted by such director, officer or
controlling person in connection with the securities being registered, the
Registrant will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of appropriate jurisdiction
the question whether such indemnification by it is against public policy as
expressed in the Act and will be governed by the final adjudication of such
issue.
— 5 —
SIGNATURES
Pursuant to the requirements of the
Securities Act of 1933, the Registrant certifies that it has reasonable grounds
to believe that it meets all the requirements for filing on Form S-8 and
has duly caused this registration statement to be signed on its behalf by the
undersigned, thereunto duly authorized in the City of Las Vegas, State of
Nevada, on May
13, 2009.
GAMING PARTNERS INTERNATIONAL CORPORATION
By:
/s/ GERARD P. CHARLIER
Gerard P. Charlier
President and Chief Executive Officer
POWER OF ATTORNEY
The undersigned directors and
officers of Gaming Partners International Corporation hereby appoint Laura
McAllister Cox and David W. Grimes, and either of them, as attorney-in-fact for
the undersigned, with full power of substitution, for and in the name, place
and stead of the undersigned, to sign and file with the Securities and Exchange
Commission under the Securities Act of 1933 any and all amendments and exhibits
to this registration statement and any and all applications and other documents
to be filed with the Securities and Exchange Commission pertaining to the
registration of the securities covered hereby, with full power and authority to
do and perform any and all acts and things whatsoever requisite and necessary
or desirable, hereby ratifying and confirming all that said attorney-in-fact,
or his substitute or substitutes, may lawfully do or cause to be done by virtue
hereof.
Pursuant to the requirements of the
Securities Act of 1933, this registration statement has been signed by the
following persons in the capacities and on the date indicated.
Signature
Title
Date
/s/
  GERARD P. CHARLIER
Director,
  President and Chief Executive Officer
May
13, 2009
Gerard P. Charlier
(Principal
  Executive Officer)
/s/
  DAVID W. GRIMES
Chief
  Financial Officer
May
13, 2009
David
  W. Grimes
(Principal
  Financial and Accounting
Officer)
/s/
  MARTIN A. BERKOWITZ
Director
May
13, 2009
Martin
  A. Berkowitz
— 6 —
Signature
Title
Date
Director
Elisabeth
  Carrette
/s/
  ERIC P. ENDY
Director
May
13, 2009
Eric P.
  Endy
Director
Charles
  R. Henry
/s/
  ROBERT J. KELLY
Director
May
13, 2009
Robert
  J. Kelly
Director
Alain Thieffry
— 7 —
Exhibit
Number
Description
4.01
Stock
  Option Agreement between Gregory S. Gronau and Gaming Partners International
  Corporation dated May 6, 2009, incorporated by reference to Appendix A
  of Registrant's definitive proxy statement dated April 6, 2009 filed with
  the SEC on April 6, 2009
5.01
Opinion
  of Kummer Kaempfer Bonner Renshaw & Ferrario re: legality of the
  securities being registered
23.01
Consent
  of Moss Adams LLP, Independent Registered Public Accounting Firm
23.02
Consent
  of Kummer Kaempfer Bonner Renshaw & Ferrario (contained in
  Exhibit 5.01).
24.01
Power
  of Attorney (contained on the signature page hereto).
— 8 —