SKYCITY

SKYCITY Entertainment Group




SKYCITY ACES

Adjustable Coupon Exchangeable Securities

On 16 September 2005, SKYCITY Entertainment Group Limited (SKYCITY) announced a financing initiative to raise up to A$150 million through a public offer in Australia of a new reset security called SKYCITY ACES.

SKYCITY ACES are perpetual reset exchangeable debt securities issued by SKYCITY Investments Australia Limited (Issuer). The Issuer is a special purpose, wholly owned New Zealand subsidiary of SKYCITY that has been established to source funding for SKYCITY's Australian business.

The offer of SKYCITY ACES is now closed. No further applications for SKYCITY ACES can be accepted and the Prospectus available for download on this website is for information purposes only.

On 27 October 2005, the Issuer issued 1.5 million SKYCITY ACES to Australian retail and institutional investors.

SKYCITY ACES trade on the ASX under the code "SKAG".


Key date for SKYCITY ACES
Record date for first Coupon 07 December 2005
First Coupon Payment Date 15 December 2005
First Reset Date 15 December 2010

KEY LINKS

For SKYCITY ACES ASX announcements and performance visit:

> ASX website

Click on the image below to download the SKYCITY ACES prospectus (for information purposes only)


[+] SKYCITY ACES Prospectus