SUN INTERNATIONAL LIMITED - Update on the proposed relocation of the Morula casino licence to Menlyn Maine

Sun International Limited
(Registration number: 1967/007528/06)
Share code: SUI
ISIN: ZAE000097580
('Sun International')


UPDATE ON THE PROPOSED RELOCATION OF THE MORULA CASINO LICENCE TO MENLYN MAINE


Sun International is pleased to advise shareholders that the last remaining objection relating to the
proposed relocation of its Morula casino licence has been withdrawn. The Goldrush Group ('Goldrush'),
which has bingo operations in the Tshwane area, brought proceedings in the High Court of South Africa
(Gauteng Division, Pretoria) ('High Court') effectively raising objections to Sun International's proposed
relocation of its Morula casino licence from its current site in Mabopane to Menlyn, Tshwane.


Sun International and Goldrush have entered into a settlement agreement whereby Goldrush has now
withdrawn its High Court application. As part of the settlement, Goldrush will make application to
relocate one of its bingo licences to the Morula site and commence operations thereon once the
existing casino licence has been relocated.


The detailed plans and costing for Sun International's proposed new development at Menlyn Maine are
close to being finalized and Sun International is confident that without any further impediments to the
development and construction, the target opening date of September 2017 will be achieved.

Sandton
15 September 2015

Sponsor

RAND MERCHANT BANK (A division of FirstRand Bank Limited)


Date: 15/09/2015 08:30:00 Supplied by www.sharenet.co.za                     
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