Crown Resorts : Settlement of CPH Sale of Shares

Attached are Cleansing Notices from Crown and CPH relating to the settlement of the sale.

Copies of previous media and ASX announcements issued by Crown are available at Crown's website at www.crownresorts.com.au

CPH Crown Holdings Pty Limited ABN 25 603 296 804 (Seller) has today settled the sale of 35,010,123 fully

paid ordinary shares (Sale Shares

in Crown Resorts Limited (Crown) to certain institutional investors that

was announced to ASX on 29 August 2016.

Crown states that:

1. the Seller

   sold the Sale Shares

   without disclosure to

   investors under Part

   6D.2 of the

   Corporations Act;

2. this notice is being given under section 708A(5)(e) of the C

3. as at the date of this notice, Crown has complied with:

   rporations Act;

4. the provisions of Chapter 2M of the Corporations Act as they applly to Crown; and

5. section 674 of the Corporations Act; and

6. as at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) and 708A(8) of the Corporations Act.

7. ENDS COPIES OF RELEASES

   Copies of previous media and ASX announcements issued by Crown are available at Crown's website at www.crownresorts.com.au

   CPH Crown Holdings Pty Limited

   (ABN 25 603 296 804)

   Postal Address GPO Box 2696

   Sydney NSW 2001

   Telephone +61 2 9268 9800

   Level 39, Liberty Place 161 Castlereagh Street

   Sydney NSW 2000

   The Manager

   Company Announcements Office ASX Limited

   Exchange Centre 20 Bridge Street

   Sydney NSW 2000

   31 August 2016 Dear Sir

   Crown Resorts Limited (ASX: CWN): Sale of Shares without a Disclosure Document

   For the purposes of section 708A (5) and (6) of the Corporations Act 2001 (Cth) {Act) as notionally modified by ASIC Corporations (Sale Offers by Controllers)Instrument 2016/81 CPH Crown Holdings Pty Limited ACN 603 296 804 (CPH) gives notice under section 708A(5)(e) of the Act that:

8. as announced to ASX on 29 August 2016, it has sold 35,010,123 ordinary shares in Crown Resorts Limited ACN 125 709 953 (Crown) to investors without disclosure under Part 6D.2 of the Act;

1. so far as it is aware, as at the date of this notice, Crown has complied with the provisions of Chapter 2M as they apply to Crown and section 674 of the Act; and

2. it is not aware of any information that may be "excluded information" for the purposes of sections 708(7) or (8) or the Act, as at the date of this notice.

Yours sincerely

Jl

Catherine Davies

Group Legal Counsel & Company Secretary CPH Crown Holdings Pty Limited