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Aug. 25th, 2009

Theme Parks: Update On The Potential Privatisation of Village    
Village Roadshow Limited (‘Village’)  announced that it has been informed by its major shareholder, Village Roadshow Corporation Pty Ltd (‘VRC’) that VRC is no longer working on a proposal for the potential privatisation of Village. 

VRC has told Village that it does not intend to make a privatisation proposal for various reasons including its inability to arrange finance on terms acceptable to VRC.

The board of Village will consider alternative capital management strategies in due course.

Contacts:
Citadel - Peter Brookes - 0407 911 389
UBS - Kelvin Barry - 03 9242 6248        
Village Roadshow - Peter Jonson - 03 9667 6632

See also:
Village Roadshow buys into Sydney Attractions Group
 
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