GENTING HONG KONG : ANNOUNCES OFFICIAL OPENING OF THE LLOYD WERFT GROUP DESIGN CENTRE IN BREMERHAVEN, GERMANY

SC supports CWW

PRESS RELEASE FOR IMMEDIATE RELEASE

GENTING HONG KONG ANNOUNCES OFFICIAL OPENING OF THE LLOYD WERFT GROUP DESIGN CENTRE IN BREMERHAVEN, GERMANY

Hong Kong/Bremerhaven, Germany, 10 May 2016 - Genting Hong Kong, a leading global leisure, entertainment and hospitality company, announced the establishment of the new Lloyd Werft Group Design Centre, a major milestone for the recently formed shipyard group. Comprised of Lloyd Werft's existing shipyard in Bremerhaven and three recently acquired facilities from Nordic Yards in Wismar, Warnemunde and Stralsund, Germany, the Lloyd Werft Group will become the second largest shipyard group in Germany.

On Monday, 9 May, Genting Hong Kong and Lloyd Werft Group unveiled the plans and premises of the new Design Centre scheduled to open May 30, 2016 in Bremerhaven, Germany. Officiated by Mr. Hui Lim, Executive Director and Chief Information Officer, Genting Hong Kong, and attended by State Secretary Uwe Beckmeyer, Senator Martin Günthner, President of the City Council of Bremerhaven, Mrs. Brigitte Lückert and Lord Mayor Melf Grantz, the opening ceremony marked the first step in the Group's long term investment of about 100 million euros in the Lloyd Werft Group's four shipyards to create state-of-the-art facilities for new shipbuilding.

Together with the designers in the other three yard locations, the new Design Centre will form the nucleus for basic and detailed design of The Group's ships, with additional production design taking place in Wismar and Warnemunde.

"Being in charge of information technology for the Genting Group, I am very happy to support a world- class design center featuring the latest design software which can be coordinated and interfaced with other ship equipment suppliers to efficiently produce the full basic and detailed design of cruise ships and megayachts," said Mr. Hui Lim.

Housed in a renovated and restored heritage building first constructed in 1910, the Lloyd Werft Group Design Centre will be able to house up to 250 designers in 6000 square metres of office space. Another 1500 square metres will serve a dual purpose for the display of mock-ups for cruise ship

cabins, suites and public areas and utilized as a showroom for furniture and other movable items for cruise ships.

Once completed and in full operation, over a hundred new jobs will be created and housed in the Bremerhaven Design Center.

"On behalf of Genting, I would like to thank the State of Bremen and the City of Bremerhaven for their support of Lloyd Werft for over 160 years and we look forward to closer cooperation and support in our efforts to create a second cruise shipyard group in Germany - the Lloyd Werft Group - which will create thousands of new jobs for the cruise shipbuilding industry in Germany and Europe," concluded Mr. Lim.

For more information about Genting Hong Kong, please visit www.gentinghk.com.

Mr. Hui Lim, Executive Director and Chief Information Officer, Genting Hong Kong presents the symbolic key to the new Lloyd Werft Group Design Centre to Mr. Benedikt Dreymann, Head of Design & Engineering, Lloyd Werft

# # # About Genting Hong Kong Limited ( "G ent i ng Hong Kong")

Genting Hong Kong is a leading corporation principally engaged in the business of cruise and cruise related operations along with leisure, entertainment and hospitality activities.

As a pioneer in the Asian cruise industry, Genting Hong Kong took on the bold initiative to grow the Asia-Pacific as an international cruise destination with the founding of Star Cruises, "The Leading Cruise Line in the Asia Pacific", in 1993. To further expand its cruise portfolio in the region, Genting Hong Kong launched Dream Cruises, the first-ever Asian luxury cruise line to cater to the premium market. Recognized as "The World's Most Awarded Luxury Cruise Line", Crystal Cruises extends Genting Hong Kong's reach in the global up-scale market. The establishment of the Lloyd Werft Group in 2016 through the integration of Lloyd Werft shipyard in Bremerhaven and Nordic Yard's three shipyards in Germany will capitalize on the growing demand for new cruise ships and realize the company's global expansion plans for its three cruise brands.

Initiating the Group's foray into land-based attractions, Resorts World Manila was the first integrated resort in the Philippines when it opened in 2009. A one-stop, non-stop entertainment and leisure destination, Resorts World Manila features world-class entertainment, unique events, and exciting lifestyle options throughout its extensive premises. Genting Hong Kong's investment in iconic Singapore nightlife brand Zouk - a world-class entertainment institution and trendsetter in Asia's dance music scene, and perennial top-ten fixture in the annual DJ Mag Top 100 Clubs global poll - further diversifies the company's appeal to a younger and more dynamic clientele.

About The Lloyd Werft Group

Lloyd Werft was founded in 1857 and initially focused on the general ship repair business, moving into the conversion and newbuilding businesses in the 1970s.

With the newly acquired yards at the Baltic Sea in Wismar (560,000 sqm), Warnemünde (848,000 sqm) and Stralsund (343,000 sqm), the Lloyd Werft Group was formed in 2016, optimizing the strengths of each yard for design, fabrication, outfitting and final assembly using the two large covered dry docks in Wismar and Warnemünde and one ship launching lift in Stralsund. The Lloyd Werft Group will further invest around EUR 100 million in thin steel fabrication facilities, cabin module factory and other improvements and, together with the existing fabrication capacity in the four yards, will be able to build two mega cruise ships and a mid-size cruise ship or mega yacht a year by the next decade.

The Lloyd Werft Group currently employs about 1,700 experienced management and workers, with an staff expansion program to create up to 1,000 more new jobs in all areas of shipyard business.