ASX / MEDIA RELEASE FOR IMMEDIATE RELEASE 17 March 2017 UPDATE IN RELATION TO BUY-BACK OF SUBORDINATED NOTES MELBOURNE: Crown Resorts Limited (ASX: CWN) ("Crown") refers to the proposed buy-back of the outstanding Subordinated Notes listed on ASX under the code "CWNHA" ("Notes") as announced to ASX on 6 March 2017.

Crown advises that:

  • in the week ending 17 March 2017, 1,012,102 Notes were bought back;

  • as at 17 March 2017, a cumulative total of 1,094,893 Notes have been bought back; and

  • as at 17 March 2017, there are 4,224,807 outstanding Notes on issue which have not been bought back by Crown.

Attached is a letter received from Consolidated Press Holdings Pty Limited regarding its participation in the buy-back of Notes.

Crown reserves the right to vary, suspend or terminate the buy-back at any time.

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

Consolidated Press Holdings Pty Limited

(A.C.N. 008 394 509)

Postal Address GPO Box 2696

Sydney NSW 2001 AUSTRALIA

Level 39, Liberty Place 161 Castlereagh Street

Sydney NSW 1028

Tel: +612 9268 9800

17 March, 2017

Mr Michael Neilson

General Counsel & Company Secretary Crown Resorts Limited

Crown Towers, 8 Whiteman Street Southbank VIC 3006

Dear Sir,

CPH crossed on the Australian Stock Exchange (ASX), after closing, 1 million Crown Resorts Ltd Subordinated Notes (CWNHA) for $101.58 for each note.

CPH consents to Crown Resorts Ltd releasing a copy of this letter to the ASX. Kind regards,

rfichael Johnsto F ance Director

Crown Resorts Limited published this content on 17 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 March 2017 07:43:13 UTC.

Original documenthttp://www.crownresorts.com.au/Investors-Media/ASX-Media-Releases/2017/17-03-2017-Update-in-Relation-to-Buy-Back-of-Subor

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