Two From Strategy First On Steam(TM) February 7

For Immediate Release

Bellevue, WA. January 10, 2005. Software publisher Strategy First Inc., a wholly owned subsidiary of Silverstar Holdings, Ltd. (NASDAQ: SSTR), and Valve Corporation, a leading entertainment and technology studio, are pleased to announce the Steam launch date for "S.C.S - Dangerous Waters^TM" and "Space Empires IV Deluxe."

Steam, Valve's online platform for digital content distribution and management, offers developers and publishers the chance to offer their creations directly to millions of gamers around the world.

"S.C.S - Dangerous Waters^TM" is a groundbreaking naval simulation game, and will be available via Steam for $39.99. "Space Empires IV Deluxe," a grand strategy title in the space 4X (explore, expand, exploit, and exterminate) genre, will also be available via Steam for just $19.99.

Those with an active Steam account will be able to pre-purchase the games beginning January 24 and save 10%.

More titles from Strategy First will be coming to Steam later in 2006. Stay tuned for more details on those releases.

About Strategy First

Strategy First, Inc. is a leading developer and worldwide publisher of entertainment software for the PC. Founded in 1990, the Company has grown rapidly, publishing major games in the industry such as ""S.C.S - Dangerous Waters^TM" and "Disney's Aladdin Chess Adventures" and simultaneously developing its own in-house titles such as "O.R.B." and "Disciples II." After winning numerous awards for games such as "Disciples: Sacred Lands," "Kohan: Immortal Sovereigns," "Steel Beasts," "Galactic Civilizations," and "Jagged Alliance," Strategy First continues to push the gaming envelope with its own groundbreaking titles, while maintaining its reputation as a unique alternative for independent developers seeking to market their games to a worldwide audience. www.strategyfirst.com

About Silverstar Holdings

Silverstar Holdings Ltd. is a publicly traded company, focusing on acquiring controlling positions in high growth fee-based electronic game businesses that stand to benefit from the economies of scale generated by Internet and other technology related platforms. It currently owns Fantasy Sports, Inc., a dominant provider of fee based NASCAR related and other fantasy sports games, Strategy First, Inc., a leading developer and worldwide publisher of entertainment software for the PC, as well as a stake in Magnolia Broadband, a fab-less semiconductor company and innovator of radio frequency (RF) solutions for the cellular industry. www.silverstarholdings.com

About Valve

Based in Bellevue, Washington, Valve is an entertainment software and technology company founded in 1996. Valve's debut title, Half-Life^®, has won over 50 Game of the Year Awards and named "Best PC Game Ever" in the November 1999, October 2001, and April 2005 issues of PC Gamer, the world's best-selling PC games magazine. Valve's portfolio of entertainment titles also includes Counter-StrikeTM, Day of Defeat^®, and Team Fortress^® and accounts for over 18 million retail units sold worldwide, and over 88% of the PC online action market. More information may be found at www.valvesoftware.com.

For more information please contact:

Jessica Hawker

Marketing Coordinator

Strategy First Inc.

jhawker@strategyfirst.com

514-844-3040 ext: 240