SKYCITY ENTERTAINMENT GROUP LIMITED — Capital/Financing Update 2006

Sep 4, 2006

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

5 September 2006

Company Announcements Office Australian Stock Exchange Exchange Centre Level 6 20 Bridge Street Sydney NSW 2000 AUSTRALIA

Dear Sir/Madam

RE: SKYCITY RECORD DATE FOR CAPITAL NOTES INTEREST

Please find attached notice forwarded to the New Zealand Exchange today.

Yours faithfully

Alistair Ayan

Alistair Ryan General Manager Corporate

Notice of event affecting securitiesNew Zealand Stock Exchange Listing Rule 7.12.2. For rights, Listing Rules 7.10.9 and 7.10.10.For change to allotment, Listing Rule 7.12.1, a separate advice is required.

Full nameof Issuer	SKYCITY ENTERTAINMENT GROUP LIMITED
Name of officer authorised toALISTAIR RYANmake this notice			Authority for event.e.g. Directors' resolution			TRUST DEED
Contact phonenumber	$(09)$ 363-6141	Contact faxnumber	(09) 363-6140		Date	01		0609
Nature of eventTick as appropriateissue	If ticked,Bonusstate whether:Rights IssueCapitalchangenon-renouncable	TaxableCall	I Non Taxable	Dividend	Conversion. IIf ticked, stateInterimwhether:	Interest	⊠FullYear	Rights IssueRenouncableSpecial
EXISTING securities affected by this				If more than one security is affected by the event, use a separate form.
Description of theclass of securities	CAPITAL NOTES				ISINNZSKCD0002S2If unknown, contact NZSE
	Details of securities issued pursuant to this event			If more than one class of security is to be issued, use a separate form for each class.
Description of theN/Aclass of securities					ISIN		If unknown, contact NZSE
Number of Securities tobe issued following event				MinimumEntitlement			Ratio, e.gDfor ②	for
Conversion, Maturity, CallPayable or Exercise Date	Enter NIA if not			Treatment of Fractions
Tick ifprovide anapplicableÖRpari passuexplanationStrike price per security for any issue in lieu or dateof theStrike Price available.ranking
Monies Associated with EventDividend payable, Call payable, Exercise price, Conversion price, Redemption price, Application money.
	In dollars and cents
$0.0202Amount per security			Source ofPROFITPayment
NZ DollarsCurrency				Supplementarydividenddetails -	Amount per securityin dollars and cents
Total monies	$2,497,555.51			Listing Rule 7.12.7	Date Payable
Taxation				Amount per Security in Dollars and cents to six decimal places
In the case of a taxable bonusissue state strike price	$	ResidentWithholding Tax			Credits	(Give details)
Timing	(Refer Appendix 8 in the Listing Rules)
Record Date SpmFor calculation of entitlements -must be the last business day ofa week		3 November, 2006		Application DateAlso, Call Payable, Dividend /Interest Payable, Exercise Date,Conversion Date, In the caseof applications this must be thelast business day of the week.				15 November, 2006
Notice DateEntitlement letters, call notices,conversion notices mailed				Allotment DateFor the issue of new securities.Must be within 5 business daysof record date.
OFFICE USE ONLYEx Date:Commence Quoting Rights:Cease Quoting Rights 5pm:Commence Quoting New Securities:				Security Code:Security Code:

TO FAX ++64-4-473-1470

Number of pages including this one

rummer or pages moduling this one(Please provide any other relevantdetails on additional pages)

Dease Quoting Old Security Spm: