NOTIFICATION OF COMMENCEMENT OF A SUBSTANTIAL HOLDING

603 page 1/3 15 July 2001



Form603
Corporations Act 2001
Section 671B

Notice of initial substantia l
holder



To Company Name/Scheme
SKYCITY ENTERTAINMENT GROUP LIMITED

ACN/ARBN


098 775 047


1. Details of substantial holder (1)
Name



YARRA MANAGEMENT NOMINEES PTY LTD ACN 616 681 068 (YMN); TA UNIVERSAL
INVESTMENT HOLDINGS LTD (UNIVERSAL)
ACN/ARSN (if applicable)

See above


The holder became a substantial holder on


12/04/2021





2. Details of voting power
The tot al number of votes attached to all the voting shares in the company or voting int erests in the scheme that the substantial holder or an associat e(2)
had a relevant int erest (3) in on the date the substantial holder became a substantial holder are as follows:

Clas s of securities(4) Number of securities Person's votes(5) Voting power (6)
Ordinary Fully Paid Shares 65,593,783 65,593,783 8.6284%

3. Details of relevant interests
The nature of the relevant int erest the substantial holder or an associat e had in the following voting securities on the date the substantial holder became a
substantial holder are as follows:

Holder of
relevant int erest
Nature of relevant interest (7) Class and number of securities
YMN Relevant interest pursuant to s608(3)(a) of the CA, being a relevant interest held
through a body corporate (Yarra Capital Management Limited (YCML) formerly
named Nikko AM Limited) in which YMN's voting power is more than 20%
Ordinary Fully Paid Shares /
65,593,783
UNIVERSAL Relevant interest pursuant to s608(3)(a) of the CA, being a relevant interest held
through a body corporate (Yarra Capital Management Limited) in which
UNIVERSAL's voting power is more than 20%
Ordinary Fully Paid Shares /
65,593,783

603 page 2/3 15 July 2001




4. Details of present registered holders
The persons regist ered as holders of the securities referred to in paragraph3 above are as follows:

Holder of relevant
interest
Registered holder of securities Person entitled to be
registered as holder (8)
Class and number
of securities
All substantial
holders named in 1
above
, YCML, Nikko
Asset Management
Australia Limited
(NAM AU
), Nikko AM
Equities Pty Ltd
(NEAL)
BNP Paribas Securities Services NAM AU as the
responsible entity/trustee
for a range of managed
investment schemes
Ordinary Fully Paid
Shares /
7,305,664
All substantial
holders named in 1
above, YCML, NEAL

BNP Paribas Securities Services; JP Morgan Nominees
Australia Ltd; Citicorp Nominees Pty Limited; National Australia
Bank Limited (NAB Custodian Services); HSBC Custody
Nominees (Australia); State Street Australia Limited
Various Clients of YCML Ordinary Fully Paid
Shares /
58,288,119

5. Consideration
The consideration paid for each relevant int erest referred to in paragraph3 above, and acquired in the four months prior to the day that the substantial holder
became a substantial holder is as follows:

Holder of relevant interest
Date of acquisition Consideration (9)
Class and number of
securities
Cash Non-cash
YCML, NAM AU and
NEAL
12/4/2021


Nil Nil 65,631,373


6. Associates
The reasons the persons named in paragraph3 above are associates of the substantial holder are as follows:

Name and AC N/ ARSN (if applica ble) Nature of association
N/A


7. Addresses
The addresses of persons named in thi s form are as follows:

Name Address
YMN LEVEL 19, 101 COLLINS STREET, MELBOURNE VICTORIA 3000
UNIVERSAL 3RD FLOOR, DEVONSHIRE HOUSE 1 MAYFAIR PLACE, LONDON W1J 8AJ, UNITED KINGDOM
YCML ONE INTERNATIONAL TOWERS SYDNEY LEVEL 26 100 BARANGAROO
AVENUE BARANGAROO NSW 2000

NAM AU ONE INTERNATIONAL TOWERS SYDNEY LEVEL 26 100 BARANGAROO

NEAL ONE INTERNATIONAL TOWERS SYDNEY LEVEL 26 100 BARANGAROO



Signature

print name Dion Hershan

capacity DIRECTOR OF YMN

sign here date 14 / 04 / 2021