gentinggroup_01nov2010

Corporate PresentationNovember 2010

2

Overview of Genting Group

3

To transform into one of the world’s top three gaming companies

Divestment of paper & packaging business

Sale of 50% of NCL to Apollo for US$1 billion

Acquisition of Genting UK

What we have done so far… And continue to…

Development of RW New York

Streamline corporate structure

Potential sale of non-gaming assets

Unlock further value for our shareholders

Undergo rebranding exercise

Our Vision

Successful fund raising exercises

Development of RW Sentosa

4

Amongst World’s Largest Gaming Companies

3,6454,779 5,267 6,155

12,912

27,130

11,354

7,2656,663

12,382

15,540

19,904

0

5,000

10,000

15,000

20,000

25,000

30,000

Galaxy KangwonLand

MGMMirage

Crown GentingM'sia

SJM WynnMacau

GentingBhd

Wynn SandsChina

GentingS'pore

LVS

US$ millionMarket Capitalisation

As at 27 Oct 2010

5

Amongst World’s Largest Gaming Properties

4966

119

363

283

151125

307

398

438

91

0

50

100

150

200

250

300

350

400

450

500

Mirage MandalayBay

MGMGrand

Bellagio Wynn LV SandsMacau

KangwonLand

RWGenting

VenetianMacau

WynnMacau

RWSentosa

US$ million EBITDA (US$) by Property for 1H2010

6

Creating Value for Shareholders

(0.5)

0.5

1.5

2.5

3.5

71 73 75 77 79 81 83 85 87 89 91 93 95 97 99 01 03 05 07 09

^ Based on closing prices as at 27 Oct 2010^^ Accumulated dividends until 30 June 2010† Net of initial cost of shares* Adjusted for share split (50 sen to 10 sen par value)** Adjusted for rights issue (1 for 5)

1,000 shares in Genting

Berhad(purchased in

1971 @ RM1.00 per

share)

227,400 Genting Berhad shares *

50,533 Genting Malaysia Berhad shares *

64,278 Genting Singapore PLC shares **

116,429 Genting Hong Kong Ltd shares

6,000 Genting Plantations Berhad shares

3939--yr CAGR 23%yr CAGR 23%

Dividends^^RM0.28mil

(US$91,486)

Value of Shares ^RM3.05mil

(US$982,909)

Total ValueRM3.34 million †

(US$1.07 million)

RM

mill

ion

7

Genting Plantations BhdMain Board of Bursa Malaysia

Market Cap.: US$2.1bn

Corporate StructureGenting BerhadMain Board of Bursa Malaysia


Structure as at 27 Oct 2010

Leisure & Hospitality Energy

Genting Malaysia BhdMain Board of Bursa Malaysia


Genting Singapore PLCSingapore Exchange


Landmarks BhdMain Board of Bursa Malaysia


Genting HK LtdHK Stock Exchange


Rank Group PlcLondon Stock ExchangeMarket Cap.: US$0.8bn

49.3% 51.7%

30.3%

18.4% 11.0%

58.6% Genting SanyenPower Sdn BhdUnlisted

100% Genting Power China LtdUnlisted

Plantations & Property

54.6%

100% Genting Power Holdings LtdUnlisted

95% Genting Oil & Gas LtdUnlisted

100%

Genting UKUnlisted

50%

Norwegian Cruise Line

Unlisted

Travellers Int. Hotel Group, Inc.

Unlisted

50%

100%

Genting NY LLCUnlisted

8

Strong Global Presence

Genting Oil & Gas, Indonesia

Muturi PSC, West Papua (1996)North West NatunaPSC (2004)Anambas PSC (2004)West Salawati PSC (2005)Kasuri PSC, West Papua (2008)

Online Gaming (2008)Alderney, British Channel Islands

GentingGenting PlantationsPlantationsMalaysia (1980) & Indonesia (2006)

GentingGenting Power,Power,Malaysia (1994)Malaysia (1994)

Resorts World Sentosa, Singapore (2010)

Genting Oil & Gas, China (2000)Zhuangxi Buried Hill Oilfield

Genting UK Casinos (2006)

Resorts World Genting, Malaysia (1965)

Resorts World Manila, Philippines (2009)

Resorts World New York,USA (by 2011)

Genting Power, China (2005)

Genting Power, IndiaLanco Kondapalli Ph 1 (2003)Lanco Kondapalli Ph 2 (2009)Aban (2004)

9

Globally Recognised Management

Awards of Excellence

Tan Sri Lim Kok Thay, Chairman & CEO of the Genting Group named ‘Travel Entrepreneur of the Year’ (2009) by TTG Asia and ‘Most Influential Person’ in Asian Gaming (2009) by Inside Asian Gaming

Genting Berhad ranked:1st for “Overall Most Convincing & Coherent Strategy in Malaysia” in Euromoney’s Asia Best Managed Companies 2009 poll; and4th Overall in Malaysia’s Most Admired Companies for AWSJ’s Asia 200 survey in 2009; with 2nd ranking for Long-term Vision and 4th for Financial Reputation

Resorts World Genting awarded:World’s Leading Casino Resort 2005, 2007-2009; Asia’s Leading Casino Resort 2005-2010; andAsia’s Leading Family Resort 2008-2010 by World Travel AwardsTourist Attraction of the Year (2007-2008) by Hospitality Asia Platinum Awards 2007-2008

10

Outlook

Improving business environment

Cash is King!Group’s cash position in excess of RM15 billion

Development of Resorts World New York

Steady recovery seen for UK economy in general

Asia represents an excellent market for casino gaming

Mature markets in U.S.A. and Europe are also attractive

11

Genting Group Financials

12

Financial Overview

RM (million) 1H10 1H09 +/- (%) FY09

Revenue 7,199 4,172 73 8,894

EBITDA 3,327 1,602 108 3,468

EBITDA Margin (%) 46% 38% 39%

Net Profit attributable to S'holders 972 428 127 1,044

Basic EPS (sen) 26.3 11.6 127 28.3

Net Cash/(Debt) 2,651 2,130 24 1,178

13

Resilient Top Line

7,199

5,454

6,944

8,4849,083 8,894

4,172

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

FY05 FY06 FY07 FY08 FY09 1H09 1H10

RM million

Leisure & Hospitality Plantation PropertyManufacturing Oil & Gas PowerOthers

13% CAGR

73%

14

Healthy EBITDA Margins

2,560

3,237

3,7333,489

3,307

1,602

3,468

47% 47%

44%

38%

38%

46%

39%

0

1,000

2,000

3,000

4,000

5,000

FY05 FY06 FY07 FY08 FY09 1H09 1H10

RM million

EBITDA EBITDA margin

Note: EBITDA is before exceptional items such as goodwill and other write-offs & one-off gains

>100%

15

Investment Grade Rated Gaming Company

5,996

8,0369,468 9,439

4,146

-95

3,124 3,582 2,651

1,178

16,549

14,690

-1,000

1,000

3,000

5,000

7,000

9,000

11,000

13,000

15,000

17,000

FY05 FY06 FY07 FY08 FY09 1H10

RM million

Net Cash Cash & Cash EquivalentNote: Cash and cash equivalents include money market instruments & restricted cash

• Rated No. 1 in “Asia’s 200 Most Admired Companies: Malaysia” for Financial Reputation (Asian Wall Street Journal reader survey 2008)

• Rated Baa1 by Moody’s, BBB by S&P and A- by Fitch

16

Leisure & Hospitality

17

Extensive Global Network

PRESENCE AND ACCESSIBILITYSales and marketing Office• 11 Major countries

Casino Network• Resorts World Genting

• Resorts World Sentosa

• Resorts World Manila

• Genting Hong Kong

• Genting UK

18

Overview of Genting Malaysia

19

Strategies Moving Forward

Driving arrivals & casino patronage

Yield management

High level of service delivery

Capital management

International expansion

20Aerial view of Resorts World Genting

21

Strong Domestic Position

Malaysia61%

Singapore21%

China/HK5%

Others13%

9.5 9.9

15.615.414.113.4

12.1

19.519.219.618.418.717.4

0

5

10

15

20

99 00 01 02 03 04 05 06 07 08 09 1H09 1H10

5% CAGR

Visitors Growth Hotel Guests Nationality 1HFY10

• Day trippers (mostly locals) account for 73% of total visitors to RWG• Remaining 27% visitors are hotel guests

22

Consistent High Occupancy RatesRoom Statistics

• Resorts World Genting• Six hotels with 10,000 rooms • Maxims Club - a “Hotel within a

Hotel” concept has 110 super luxurious rooms

2,9304,720

6,1006,1007,020

10,000 10,00010,00010,000

10,0008,900

10,000

84%79% 79% 77%

84%80% 78%

89% 90% 92% 89%94%

0

2,000

4,000

6,000

8,000

10,000

12,000

FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 1H09 1H10

No.

of r

oom

s

0%

20%

40%

60%

80%

100%

Ave

rage

Occ

upan

cy R

ate

(%)

No. of Rooms Average Occupancy Rate

24

Genting UKAcquired Genting UK casino operations from Genting SingaporeAcquisition completed on 15 Oct 2010Purchase consideration of £351.5 million @ enterprise value of £426 millionLargest casino operator in UK in terms of number of casinos (46 casinos)Genting UK Group’s performance:• 1H10 Revenue of £103 million vs

£91 million (1H09)• 1H10 EBITDA of £13.2 million vs

£9.9 million (1H09)

25

Genting UKGrowth opportunities

Pursuing opportunities to further strengthen position in UK

Partnering NEC Group for a proposed development of a £90 million leisure and entertainment complex, including a large casino at the NEC site

JV with Apollo to develop a large casino and entertainment complex at the Olympic Festival Village

• Apollo to apply for a large casino license in Newham and if successful, will transfer license to Genting UK, who will be the sole owner and operator of the casino

Selected as the new operator of the casino at The Nile Ritz Carlton Hotel in Cairo, Egypt (expected opening in 2012)

26

Artist impressions of Resorts World New York

27

Resorts World New YorkProject overview

Estimated project cost of US$500 million inclusive upfront licensing fee of US$380 million

Occupies 210 acres in South Ozone Park in the Borough of Queens, New York

State Legislature approved 30 years license to operate 4,500 Video Lottery Terminals (VLT)

Project involves fitting out existing buildings and facilities. VLT provided by supplier on revenue sharing basis

• Phase 1 (late spring 2011) – 1,600 VLT• Phase 2 (end of 2011) – 4,500 VLT

Strategic location, located within vicinity of 2 airport terminals and connected via the mass transit system

28

Resorts World New YorkStrategically located, with two subway stops on the New York Subway

Aqueduct

29

Resorts World New York

1: Grand Entrance with covered entry way, three-storey atrium and water show

2: 93,000 sq ft casino on 1st floor; 42,500 sq ft casino on 2nd

floor3: Two-storey festive casual dining promenade up to 450 seats4: 200-seat high-end signature restaurant

5: 200-seat high-end Chinese restaurant6: Sports bar restaurant and lounge, 280-person seating

capacity7: Skyway pedestrian bridge connecting casino to MTA train8: 2,200-car parking facility 9: Racetrack owned and operated by NYRA

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Genting Malaysia Financials

31

Financial Overview

RM (million) 1H10 1H09 +/- (%) FY09

Revenue 2,572 2,380 8 4,992

EBITDA 1,027 933 10 2,012


Net Profit attributable to S'holders 578 606 (5) 1,323

Basic EPS (sen) 10.1 10.6 (4) 23.2

Net Cash/(Debt) 5,555 5,089 9 5,251

32

Revenue Growth & Strong Margins

3,6143,808

4,352

4,887 4,992

2,3802,572

0

1,000

2,000

3,000

4,000

5,000

FY05 FY06 FY07 FY08 FY09 1H09 1H10

RM million

8% CAGR

8%

1,027

1,4351,561

1,776

2,046

933

2,012

41% 41% 42%41%

39% 40%40%

0

500

1,000

1,500

2,000

2,500

FY05 FY06 FY07 FY08 FY09 1H09 1H10

RM million

EBITDA EBITDA margin

10%

Note: EBITDA is before exceptional items such as goodwill and other write-offs & one-off gains

33

Overview of Genting Singapore

34

Key Corporate Developments & Milestones • 15 Oct 2010 Completed divestment of its UK casinos to Genting Malaysia

• 2 Jul 2010 World Premiere of Voyage La Vie, RWS’ original resident show

• 16 Jun 2010 Awarded $419 million contract for West Zone of RWS (Phase 2) to Sembawang Engineers & Constructors

• 31 Mar 2010 Total loan drawndown for RWS amounts to S$4.0 billion

• 18 Mar 2010 Opening of Universal Studios Singapore

• 14 Feb 2010 Opening of RWS’ casino & Resorts World Convention Centre

• 20 Jan 2010 Opening of Festive Hotel, Hard Rock Hotel, Hotel Michael,Crockfords Tower & Festive Walk at RWS

• 12 Oct 2009 Rights issue closed oversubscribed & raised S$1.6 billion

• 5 Sept 2007 Rights issue closed oversubscribed & raised S$2.17 billion

• 16 Apr 2007 Ground breaking of Resorts World at Sentosa (RWS)

• 8 Dec 2006 Award of Singapore IR contract

35Overhead view of the RWS site

36

Resorts World Sentosa

IntroductionGenting Singapore PLC (GENS) was awarded Singapore's second casino integrated resort in December 2006 and beat other global peers such as Harrah's and Kerzner

RWS project overview• 100% owned by GENS• Development cost S$6.59 billion • Casino with 161,000 sq ft of net area• 6 hotels with a total of 1,830 rooms• Universal theme park with 24 attractions• Maritime Xperiential Museum • Marine Life Park:

world's largest oceanarium• Retail shopping and extensive F&B

Resorts World Sentosa – Site Plan

38

Resorts World Sentosa – Hotels

Crockfords Tower – 120 rooms Hotel Michael – 470 rooms (SGD500)

Hard Rock Hotel – 360 rooms (SGD450) Festive Hotel – 390 rooms (SGD400)

3939

Resorts World Sentosa – Festive Walk

Festive Walk – Unparalleled array of retail & dining options

The Crane Dance (coming end-2010) – a spectacular multi-media moving art with cleverly choreographed animatronic cranes

Lake of Dreams – Flaming dragons, water cannons, and laser special effects, all in a spectacular show

40

Universal Studios Singapore – Site Plan

41

Battlestar Galactica™ Far Far Away Castle

Revenge of the Mummy™Waterworld

Universal Studios Singapore – Attractions

42

Online Gaming

• Offers a range of over 200 casino, card & table games, incl. player to player poker

• Principal market in the UK- with linkage between the land based casino & online offering being key focus for future development

• Ensure compliance with various gambling legislative requirements

• PwC estimated in 2007 that legalization could yield as much as $43 billion in tax revenue over 10 years if it includes sports betting and $34 billion even if it doesn't

Alderney

• Launched 1st online casino brand “CircusCasino.com" in June 2008- operated by Genting Alderney Ltd

43

Genting Singapore Financials

44

Financial Overview

SGD (million) 1H10 1H09 +/- (%)

Revenue 1,440 226 >100

EBITDA 639 5 >100

EBITDA Margin (%) 44% 2%

Net Profit attributable to S'holders 0 (83) >100

Basic EPS (sen) 0.00 (0.80) >100

Net Cash/(Debt) (663) (1,099) 40

Overview of Genting HK

SuperStar AquariusNo. of berths: 1,529Year entered service: 1993Year of refurbishment: 2007Gross tonnage: 51,039

SuperStar VirgoNo. of berths: 1,804Year entered service: 1999Gross tonnage: 76,800

Star PiscesNo. of berths: 1,168Year entered service: 1990Gross tonnage: 40,053

SuperStar LibraNo. of berths: 1,472Year entered service: 1988Year of refurbishment: 2005Gross tonnage: 42,276

MegaStar AriesNo. of berths: 66Year entered service: 1991Year of refurbishment: 2003Gross tonnage: 3,341

Norwegian SpiritNo. of berths: 1,996Year entered service: 1998Year of refurbishment: 2004Gross tonnage: 77,000

Norwegian DawnNo. of berths: 2,224Year entered service: 2002Gross tonnage: 92,250

Norwegian JadeNo. of berths: 2,402Year entered service: 2006Year of refurbishment: 2008Gross tonnage: 93,558

Norwegian JewelNo. of berths: 2,376Year entered service: 2005Gross tonnage: 92,000

Pride of AmericaNo. of berths: 2,138Year entered service: 2005Gross tonnage: 81,000

Norwegian StarNo. of berths: 2,240Year entered service: 2001Gross tonnage: 91,000

Norwegian SunNo. of berths: 1,936Year entered service: 2001Gross tonnage: 78,309

Norwegian PearlNo. of berths: 2,394Year entered service: 2006Gross tonnage: 93,502

Norwegian GemNo. of berths: 2,394Year entered service: 2007Gross tonnage: 93,500

Star and NCL own and/or operate a combined fleet of 18 ships

Norwegian Epic (under construction)No. of berths: 4,200Delivery due in 2Q 2010Scheduled sailing departs in early 3Q2010Gross tonnage: 153,000

Norwegian SkyNo. of berths: 2,002Year entered service: 1999Year of refurbishment: 2008Gross tonnage: 76,000

Norwegian Dream No. of berths: 1,747Year entered service: 1992Year of refurbishment: 1998Gross tonnage: 50,764

MegaStar Taurus No. of berths: 66Year entered service: 1989Year of refurbishment: 1994Gross tonnage: 3,341

Carrying equity value of 50% investment in NCL: US$745m (at 30 June 2009)Net book value of vessels: US$1,052m (at 30 Jun 2009)

Cruises: Fleet profile

http://www.ncl.com/nclweb/home.html

Resorts World Manila

Introduction• Genting HK’s first foray in a land-based attraction,

Resorts World Manila (RWM) opened its doors to the public in August 2009

• RWM is managed by Travellers International Hotel Group, which is a JV between Genting HK & Alliance Global Group, Inc.

RWM project overview• Located in Newport City, adjacent to NAIA Terminal 3• 7.8 hectares, full completion value at US$1.5b• Casino with gaming space of 30,000 sqm, has over 1,000 slotmachines & 300 tables

• 3 hotels with a total of 1,226 rooms• Retail mall with space of 30,000 sqm, featuring 95 outlets• Extensive F&B, premium cinemas & Performing Arts Theater

Newport Mall

Resorts World Manila – Overview

Maxims Hotel – 172 all-suite rooms

Performing Arts Theatre – 1,500 seats World-class entertainment

50

Other Business Divisions

51

Genting Plantations – Strong Performance• One of Malaysia’s lowest cost and reputable palm oil producers with current

landbank of 66,000 hectares in Malaysia and developing around 67,000 hectares through JV in Indonesia

Maturity Profile

42%68%67%77% 43% 42%

16%9%9%7%11%

22%

42%48%

23%26%12%

36%

0

20

40

60

80

100

120

140

FY05 FY06 FY07 FY08 FY09 1H10

Hectares ('000)

Mature Immature Unplanted & others

FFB Production / CPO Prices

1,099 1,1321,208

564504

1,1581,233

2,550

1,3981,520

2,5002,822

2,236 2,209

0

200

400

600

800

1,000

1,200

1,400

FY05 FY06 FY07 FY08 FY09 1H09 1H10

('000 MT)

0

500

1,000

1,500

2,000

2,500

3,000

RM/MT

52

Financial Overview

RM (million) 1H10 1H09 +/- (%) FY09

Revenue 443 319 39 756

EBITDA 187 129 45 318


Net Profit attributable to S'holders 141 96 47 236

Basic EPS (sen) 18.6 12.7 46 31.1

Net Cash/(Debt) 489 483 1 428

53

Sustainable Oil Crops for Food and Fuel

Oil Crops to feed & fuel the world sustainably Technologies to increase crop productivity and enhance agronomicpractices

Biotechnology• ACGT, a Bio-Nexus Status Company, is a centre of excellence in genomic

science that focuses on the application of genome technology for crop improvement

• Highest sequencing capacity in Southeast Asia, with the addition of Illumina’sGAIIx and HiSeq2000 to its laboratories

• Genting Green Tech, a Bio-Nexus Status Company focuses on applying ACGT’s marker-assisted selection platform to oil palm breeding

• Recently signed a MoA with Department of Agriculture Sabah for a joint marker-assisted oil palm breeding programme

54

Johor Premium Outlets• JV with Simon Property Group to build the first Johor Premium Outlets,

expected to open in 2H2011

Johor Premium Outlets

Key FactsOverall Site : 44 acres Gross Leasable Area: 175,000 sq. ft.No of Tenants: 80-90

Target Customers (million)a) Arrivals in Malaysia (ex-Johor) ~ 20mb) Arrivals in Johor~ 2mc) Arrivals in Singapore ~17m

World Class ProjectIconic project to put Malaysia on the Retail Tourism MapWorld Class Operator – Chelsea Property GroupWorld’s finest brands selection – Instant recognition

55

55

Johor Premium Outlets

Concept Sketch of Entrance

56

Power Division

MALAYSIA• 58.6%-owned Kuala Langat Power Plant; one of

Malaysia’s most efficient plants• 720MW gas-fired combined-cycle co-generation plant• 21-year PPA, expiring 2015• Stable cash-flow, debt-free

CHINA• 100% in 724MW Meizhou Wan plant (Fujian Province)

INDIA• 30% in 734MW Lanco Kondapalli gas-fired combined-

cycle power; 74% of O&M company in Andhra Pradesh• 36.26% interest in 120MW Aban Power gas-fired

combined-cycle power plant in Tamil Nadu

57

Oil & Gas Division – Exciting ProspectsProduction: China Development: West Natuna Exploration: West Papua

CHINA - Onshore Bohai Bay

Zhuangxi Buried Hill Oilfield (Operated -100% interest); In Q2 2010, average daily oil production was 3,350bpd at an average oil price of US$76/bbl

INDONESIA – West PapuaKasuri PSC (Operated – 100% interest); Exploration well ‘Asap-1X’ began in April 2010.

The onshore 2D seismic survey was 50% completed by end-June 2010

Muturi Deferred Consideration (due from BP Global) – Monthly deferred payments from the sale of GOGL’s Muturi PSC interest to BP started in Dec 2009

INDONESIA – West NatunaNorthwest Natuna PSC (Operated 100% interest); The final Plan of Development for the

AAL Oilfield is now ready for submission to BPMIGAS. FEED for WHP is being tendered

Anambas PSC (Operated -100% interest); A 4 year exploration extension of the Block until June 2014 was approved by BPMIGAS in June 2010

MOROCCO - Offshore AtlanticRas Juby Offshore Permit (Operated - 75% interest); The initial phase of the Exploration

Period was extended to January 2011

Exploration well ‘Asap-1X’

58

Oil & Gas Division – Location

Ras Juby Offshore

Zhuangxi Buried HillOilfield

Northwest Natuna PSCAnambas PSC

West Salawati PSC

Muturi PSC

Kasuri PSC

Thank you

Disclaimer

Some of the statements made in this presentation which are not statements of historical facts are forward-looking statements and are based on the current beliefs, assumptions, expectations, estimates, objectives and projections of the directors and management of the Genting Group (“Group”) about its business and the industry and markets in which it operates.

These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors some of which are beyond the control of the Group and are difficult to predict. Consequently, actual results could differ materially from those expressed or forecast in the forward-looking statements as a result of, among other factors, changes in economic and market conditions, changes in the regulatory environment and other business and operational risks. The Group does not undertake to update these forward-looking statements to reflect events or circumstances that may arise after publication.

gentinggroup_01nov2010

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