Sunday, 22 October 2017

Announcement

ADMIN: SKC: CHRIS MOLLER ANNOUNCES RETIREMENT FROM SKYCITY BOARD

28 Jun 2017 08:30NZX
Chris Moller Announces Retirement from SKYCITY Board

The Chairman of SKYCITY Entertainment Group Limited, Chris Moller, has
announced his retirement from the Board, effective 31 December 2017.

"I am immensely proud to have led SKYCITY through this critical stage of its
evolution.  By the time I retire, I will have been a director of the company
for 9 years and Chairman for 5 years and I consider this to be an appropriate
time in the case of SKYCITY to invite the Board to refresh its leadership.  I
have given the directors 6 months'' notice to allow for an orderly transition
and provide continuity of leadership for our new Chief Executive Officer,
Graeme Stephens," Mr Moller said.

The Board has decided unanimously to invite Rob Campbell to be its
Chairman-elect, until he takes over from Mr Moller on 1 January 2018.  Mr
Campbell was asked to join the Board as a non-executive director in April
2017, subject to regulatory approvals. These approvals have been recently
received from the relevant regulatory authorities in New Zealand and
Australia and consequently Mr Campbell was appointed a director of the
company on 25 June 2017.

Mr Moller was appointed as a director of SKYCITY in December 2008 and is
currently chairman and director of several organisations in the energy,
transport and banking sectors. He was voted Chairman of the Year 2016 at the
New Zealand Deloitte Top 200 Awards.  Mr Moller is a Fellow of Chartered
Accountants Australia and New Zealand and was appointed as a Companion of the
New Zealand Order of Merit in January 2015 for services to business and
sport.

On behalf of the Board, SKYCITY Deputy Chairman, Bruce Carter, said "Chris
has been an outstanding Chairman and has guided the company through some of
its most important achievements, including the construction of the New
Zealand International Convention Centre and the casino licence extension in
Auckland.  These simply would not have happened without Chris'' leadership."

Mr Moller said he was pleased Mr Campbell had accepted the Board''s invitation
to be the company''s Chairman-elect.  "Rob has an excellent reputation and
track record of management and governance of complex companies and I believe
shareholders will share my delight that he has agreed to succeed me as
Chairman."

Mr Campbell said "SKYCITY is one of the leading tourism and entertainment
businesses in Australasia, with diverse and exciting assets and people.
Being involved with these businesses and the growth they will create in each
of our markets in the next decade is a real privilege."

Mr Moller will chair the company until he retires at the end of the year,
including the company''s Annual Meeting in October.

Notes for editors: Rob Campbell resides in Auckland.  He is currently the
Chair of Summerset Group Holdings Limited and Tourism Holdings Limited and a
director of Precinct Properties New Zealand Limited - all NZX listed
companies.  His previous directorships include the Bank of New Zealand, New
Zealand Post, Ports of Auckland Limited, Accident Compensation Corporation
and Freightways Limited.  He was also formerly the Chair of the Auckland City
Mission Foundation.  He is an economist by training.  His career has included
academic, union leadership and consulting roles.  He currently advises a
number of private equity and hedge funds in New Zealand, Australia, Hong Kong
and the USA.  He holds a BA Hons and M.Phil in Economics.

For more information please contact:

INVESTORS
Ben Kay
Investor Relations & Corporate Development Manager
DDI: +64 9 363 6067
Mobile: +6421512657
Email: ben.kay@skycity.co.nz
End CA:00303209 For:SKC    Type:ADMIN      Time:2017-06-28 08:30:10
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