STANDARD & POORS CREDIT RATING OUTLOOK CHANGE

Pursuant to NZX Listing Rule 3.22.1, SkyCity Entertainment Group Limited (SkyCity) is pleased to advise that S&P Global Ratings has today revised the outlook for SkyCity's long-term issuer credit rating and its debt issue ratings from 'Negative' to 'Stable'. S&P Global Ratings has affirmed SkyCity's long-term issuer credit rating and its debt issue ratings as BBB-. A copy of S&P Global Ratings' report is attached. Authorised by: Jo Wong Company Secretary Phone: +64 9 363 6143 Email: jo.wong@skycity.co.nz End CA:00370819 For:SKC Type:CREDIT Time:2021-04-16 16:31:18