ASX Release

Casino Canberra and surrounds redevelopment proposal

15 September 2015

Major proposed redevelopment of Casino Canberra and surrounding area with investment of approximately $330 million

Proposed world class entertainment, gaming, dining, retail, accommodation and leisure offerings unprecedented in the ACT

Aquis prepared to fund significant extension to the National Convention Centre Canberra

Discussions ongoing with ACT Government authorities and community stakeholders

Following significant interest from the media and the ACT public in Aquis Entertainment Limited’s (ASX : AQS) Casino Canberra redevelopment proposal (announced 31 August 2015), Aquis is pleased to provide some further details about the proposal in the accompanying presentation.

The proposed redevelopment will involve an investment in Canberra’s entertainment, leisure, dining, retail, gaming, accommodation and social infrastructure of approximately $330 million.

Aquis is engaged in ongoing discussions with a variety of community and Government stakeholders in relation to the proposal.

The proposal is subject to further discussions with the ACT Government, financing and regulatory approvals.

For further information please contact:

Investors Media Jessica Mellor Ben Ready Executive Director RG Communications 02 6257 7074 0415 743 838 jessica@aquisentertainment.com ben@rgcommunications.com.au

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Aquis Canberra Forecourt

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AQUIS’ PROPOSAL FOR CANBERRA• Two stage proposal with a projected

investment of approx $330 million

• Transform the current Casino

Canberra and surrounding area into a

comprehensive world class leisure and entertainment destination

• New luxury accommodation, including 6 star villa accommodation

and 5 star hotel

• 3,300m2 extension to the National Convention Centre funded by Aquis

• New world class dining and entertainment, including cafés,

restaurants and bars featuring

internationally renowned brands

and chefs

• Luxury retail shopping mall

• New expanded casino (featuring

international standard VIP gaming)

• Revitalised City Walk with new retail,

dining, entertainment offerings

The redevelopment proposal is subject

to regulatory approval, including certain

regulatory reforms, and financing.

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Aquis Canberra City Walk

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Aquis Canberra Festivals and Events

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The current casino

is a small, local

gaming facility with

much untapped potential

in the surrounding area.

EXISTING CASINO

EXISTING CASINO & SURROUNDING AREA

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STAGE 1

A significant investment in Canberra’s social infrastructure, transforming the existing casino into a world class gaming facility attracting international VIP players, with first tier food, entertainment and retail offerings.

• New Street connection

• New Casino & entertainment resort

• New Forecourt & Food

and Beverage

• New Expanded Convention Centre

• New 6 Star Luxury Accommodation

EXISTING CASINOSPA + POOLS

FOOD +BEVERAGE

RETENTION

FORECOURT

6 STAR ACCOMMODATION

FOOD +BEVERAGE

NEW ROAD

CASINO LOBBY

GAMING WITH CONVENTION UNDER

ACCESS

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STAGE 2

Further investment to deliver additional accommodation, food and entertainment offerings.

• Expanded Entertainment and

Food and beverage

• New 5 Star Boutique Hotel

5 STAR ACCOMMODATION

HOTEL LOBBYFOOD + BEVERAGE

RETAIL

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KEY HIGHLIGHTS

• Economic Contributions: A significant proposed investment in

Canberra. Increased jobs, both construction related and long

term. The proposed refurbished casino, new entertainment and

retail offerings will, if implemented, contribute significantly to the

ACT taxation receipts for the benefit of all ACT residents.

• Tourism: The first tier accommodation, entertainment and dining

options will significantly increase Canberra’s appeal to attract

significant visitation from international guests, for the benefit of

the ACT economy as a whole.

• Accommodation: A proposed 6-star flagship hotel featuring

12 palatial suites with butler service and unmatched facilities.

Also, Aquis’ proposed 5-star 100 suite hotel overlooking Lake

Burley-Griffin and the city skyline, appealing to domestic and

international business and tourism visitors.

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KEY HIGHLIGHTS

• Dining and Entertainment: proposed new dining & entertainment

experiences featuring internationally and critically acclaimed chefs

and brands.

• Gaming facilities: the proposed refurbished casino will be

world class, offering the latest technology and games available

internationally. The gaming floor will be increased, with true,

international VIP gaming on offer.

• New road system and reinvigorated Glebe Park: Aquis proposes

new street access to the new entertainment precinct, allowing for

a forecourt that opens on to a revitalised Glebe Park, an ideal

location for community events.

• Luxury retail: Aquis proposes an impressive selection of leading

international designer brands in an upscale, promenade-style

shopping experience not currently available in Canberra.

Continued...

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Aquis Canberra Entry

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NATIONAL CONVENTION CENTRE

GOVERNMENT BUILDING

CROWNE PLAZA HOTEL

GLEBE PARK

WATER RETENTION

FOLDED LANDSCAPEGLEBE RESIDENCES

FORECOURT

CITY WALK AXIS

“Aquis proposes that the redeveloped casino, convention centre and surrounding area will be integrated with a revamped City Walk connecting the CBD with the new entertainment precinct. City Walk would be remodelled to provide new dining and entertainment offerings.”

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• Aquis Entertainment proposes

to fund construction of a

3,300m2 extension to the NCCC.

• The proposed revamped

NCCC will add much needed

convention capacity for the

benefit of all Canberrans.

• The proposed extension will

also increase the flexibility of

the existing facility , allowing

for multiple events to be run

simultaneously.

• A critical contribution to

the long term prosperity of

Canberra and its tourism and

cultural offering.

NATIONAL CONVENTION CENTRE CANBERRA

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