In an exchange statement made earlier today SKYCITY advised that it expected
to achieve its profit guidance for the 2007/08 financial year.
The statement confirmed a net tax paid profit in the range of $108m-$110m.
However that was incorrectly noted as being after Cinemas write down but
should have been stated as before Cinemas write down.
The correct statement of paragraph 2 under the heading "Profit Guidance for
FY08 Confirmed at $108m-$110m", is as below.
"The profit guidance advised at that time (February 2008) was for a net
tax-paid profit in the range of $108m-$110m (before Cinemas write down)."
We apologise for any confusion this may have caused.
A corrected version of the full statement is attached.
SKYCITY Entertainment Group Limited
Federal House 86 Federal Street PO Box 6443 Wellesley Street Auckland
New Zealand
Telephone +64 (0)9 363 6141 Facsimile +64 (0)9 363 6140
www.skycitygroup.co.nz
End CA:00167379 For:SKC Type:FORECAST Time:2008-07-14:14:37:55