ASX/NZX - Standard & Poor’s Rating of SKYCITY Bond Offer

SKYCITY ENTERTAINMENT GROUP LIMITED (SKC) Standard & Poor’s Rating of SKYCITY Bond Offer

Standard & Poor's has assigned its 'BBB-' rating to the proposed issue of up to $100 million (plus up to $25 million of oversubscriptions) of unsubordinated, unsecured, redeemable, fixed rate, seven year bonds (the “Bonds”) by SKYCITY Entertainment Group Limited (“SKYCITY”). This is consistent with the statement in the PDS lodged yesterday that SKYCITY expected that the initial credit rating assigned to the Bonds would be the same as SKYCITY’s corporate credit rating.

Attachment: Standard & Poor's Rating