REDEMPTION PRICE FOR SKYCITY SERIES 2015 BONDS – SKC040

MARKET RELEASE SkyCity Entertainment Group Limited - (SKC.NZX/SKC.AX) 18 June 2020 Redemption Price for SkyCity Series 2015 Bonds (SKC040) ("Bonds") SkyCity Entertainment Group Limited (NZX/ASX:SKC) ("SkyCity") provided notice on 17 June 2020 of its intention to redeem all the Bonds on 28 September 2020. The redemption price is required to be calculated based on the weighted average trading price of the Bonds on the NZX over the 10 business days immediately before 17 June 2020, adjusted to exclude any accrued interest. SkyCity has confirmed with The New Zealand Guardian Trust Company Limited (as Supervisor for the Bonds) that the redemption price will be $1.0280 per Bond. The redemption payment will be paid on 28 September 2020 to registered holders of the Bonds on the record date of 18 September 2020. Bondholders will still receive the next quarterly interest payment due on 28 June 2020. Bondholders will also receive the September 2020 quarterly interest payment at the same time as the redemption payment. ENDS For more information, please contact: Investors and Analysts - Ben Kay General Manager, Corporate Development & Investor Relations DDI: +64 9 363 6067 E-mail: ben.kay@skycity.co.nz Media - Liza McNally Chief Marketing Officer DDI: + 64 9 363 7137 Mobile +64 2194 4989 E-mail: liza.mcnally@skycity.co.nz End CA:00354895 For:SKC Type:GENERAL Time:2020-06-18 12:23:40