SKYCITY - Corporate - Investor Centre

Company History

SKYCITY Entertainment Group

February 2010: SKYCITY completes sale of its Cinemas business to Amalgamated Holdings Limited.
August 2009: SKYCITY completes a further buy back of US$62.5m (NZ$93m) of US Private Placement debt.
July 2009: SKYCITY completes a buy back of US$53m (NZ$84.5m) of US Private Placement debt.
SKYCITY increases its shareholding in Christchurch Casino to 45.7%.
May 2009: SKYCITY completes a further $43m placement to retail investors under a share purchase plan and top up offer.
April 2009: SKYCITY completes a $185.3m underwritten institutional placement of 71 million ordinary shares.
May 2008: Alistair Ryan appointed as Chief Financial Officer.
March 2008: Nigel Morrison is appointed Chief Executive Officer of SKYCITY.
May 2006: SKYCITY acquires remaining 50% of cinema joint venture from Village Roadshow.
June 2004: SKYCITY purchases the Darwin casino and hotel. The property is re-branded SKYCITY Darwin.
2004: SKYCITY acquires a 40.5% shareholding in the Christchurch Casino.
September 2002: SKYCITY Hamilton opens.
September 2001: Name change SKYCITY Entertainment Group Limited, to reflect the group’s broadening scope.
March 2001: SKYCITY acquires a 50.2 per cent interest in Force Corporation Limited, a cinema entertainment company, which is renamed SKYCITY Leisure.
June 2000: SKYCITY acquires the Adelaide Casino in South Australia.
December 2000: Queenstown Casino opens.
February 1996: SKYCITY Limited begins operation and lists on the NZX.

SKYCITY Auckland

2008: Casino's Main Gaming Floor's first major refurbishment since opening is completed in February.
2007: 'SkyWalk', the new Sky Tower adventure experience, opens to thrill seekers in November.
2006: Bellota, a contemporary tapas bar designed by Peter Gordon, opens in December.
2005: The Grand Hotel opens for business, offering five-star+ accommodation and a signature fine dining restaurant 'dine by Peter Gordon'.
2004: Convention Centre opens to become the newest and most technically advanced convention centre in New Zealand.
1997: Sky Tower opens, becoming the tallest tower in the southern hemisphere.
1996: Casino and entertainment complex opens.

SKYCITY Adelaide

2005: SKYCITY launches new facilities – new gaming areas, North restaurant, LOCO bar and a new entrance on North Terrace.
2004: $20 million redevelopment of North Terrace “South Side” commences.
2001: Re-branded SKYCITY Adelaide.
2000: SKYCITY Entertainment Group Limited purchases the Adelaide casino.
1985: The Adelaide Casino, owned by the South Australian Government, opens for business.

SKYCITY Darwin

2008: Purchase of adjacent Little Mindil property.
2008: Casino celebrates 25th anniversary
2007: Redevelopment of the existing complex begins in October.
2007: Casino operator licence extended for 11 years in January and redevelopment of the existing complex began in October.
2004: SKYCITY purchases the Darwin casino and hotel from MGM and the property is re-branded SKYCITY Darwin.

SKYCITY Hamilton

SKYCITY Queenstown

SKYCITY Cinemas

2008: 10-screen SKYCITY cinema complex opens at Westfield Albany in April including first North Shore ‘Gold Class’ theatre.
2006: SKYCITY acquires Village Roadshow joint venture cinema interests in New Zealand and Fiji.
2005: SKYCITY purchases the remaining 49.8% of SKYCITY Leisure in May.
2003: First joint-branded Village SKYCITY cinema opens in Auckland.
2001: SKYCITY acquires a 50.2 per cent interest in Force Corporation Limited, the owner of joint venture cinema operations with Village Roadshow. Force is renamed SKYCITY Leisure.

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