PHOENIX, June 30 /PRNewswire-FirstCall/ -- Aztar Corporation (NYSE:AZR) announced today that, due to strong shareholder response, the company is extending its "odd-lot" purchase program through which all shareholders owning fewer than 100 shares of Aztar common stock may sell all of their shares to the company in an economical and convenient way. Each participating shareholder will receive a price per share equal to the average of the daily closing prices of Aztar common stock during the week in which that shareholder's response is received and processed. Participating shareholders will pay a nominal fee. The program also is expected to reduce Aztar's annual shareholder servicing costs. The program will expire at 5:00 p.m. Eastern Time on July 28, 2003, unless extended by the company. Mellon Investor Services is serving as the program manager. Additional material describing the program is being mailed to eligible shareholders today.


Aztar is a publicly traded company that operates Tropicana Casino and Resort in Atlantic City, New Jersey, Tropicana Resort and Casino in Las Vegas, Nevada, Ramada Express Hotel and Casino in Laughlin, Nevada, Casino Aztar in Caruthersville, Missouri, and Casino Aztar in Evansville, Indiana.


For additional information: Joe Cole, Vice President, Corporate Communications, at 602-381-4111


Source: Aztar Corporation