Corporate Presentation

November 2010

Overview of Genting Group

Our Vision
To transform into one of the worlds top three gaming companies
What we have done so far
Development of RW New York Development of RW Sentosa Acquisition of Genting UK Divestment of paper & packaging business Sale of 50% of NCL to Apollo for US$1 billion Successful fund raising exercises Streamline corporate structure Potential sale of non-gaming assets

And continue to
Undergo rebranding exercise Unlock further value for our shareholders

Amongst Worlds Largest Gaming Companies

US$ million 30,000

Market Capitalisation
27,130

25,000

19,904
20,000

15,540
15,000

11,354
10,000

12,382

12,912

5,000

3,645

4,779

5,267

6,155

6,663

7,265

0 Galaxy Kangwon Land MGM Mirage Crown Genting M'sia SJM Wynn Macau Genting Bhd Wynn Sands China Genting S'pore LVS

As at 27 Oct 2010

Amongst Worlds Largest Gaming Properties

US$ million 500 450 400 350

EBITDA (US$) by Property for 1H2010

438 398 363 307

300 250 200

283

151
150 100

119 91 49 66

125

50 0 Mirage Mandalay Bay MGM Grand Bellagio Wynn LV Sands Macau Kangwon Land RW Genting Venetian Macau Wynn Macau RW Sentosa

Creating Value for Shareholders

3.5 2.5

RM million

1.5 0.5 (0.5)

3% GR 2 CA 9-yr 3

71

73

75

77

79

81

83

85

87

89

91

93

95

97

99

01

03

05

07

09

1,000 shares in Genting Berhad

(purchased in 1971 @ RM1.00 per share)

227,400 50,533 64,278 116,429 6,000

Genting Berhad shares * Genting Malaysia Berhad shares * Genting Singapore PLC shares ** Genting Hong Kong Ltd shares Genting Plantations Berhad shares

Total Value RM3.34 million (US$1.07 million)

^ 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)

Value of Shares ^ RM3.05mil (US$982,909)

Dividends^^ RM0.28mil (US$91,486)

Corporate Structure
Genting Berhad
Main Board of Bursa Malaysia Market Cap.: US$12.4bn

Structure as at 27 Oct 2010

Plantations & Property

54.6% 49.3%

Leisure & Hospitality

51.7% 58.6%

Energy
Genting Sanyen Power Sdn Bhd
Unlisted

Genting Plantations Bhd

Main Board of Bursa Malaysia Market Cap.: US$2.1bn

Genting Malaysia Bhd

Main Board of Bursa Malaysia Market Cap.: US$6.7bn

Genting Singapore PLC

Singapore Exchange Market Cap.: US$19.9bn 100%

Genting Power China Ltd

Unlisted

100%

18.4%

100%

11.0%

Genting NY LLC
Unlisted

Genting HK Ltd
HK Stock Exchange Market Cap.: US$3.5bn

Genting UK
Unlisted

Rank Group Plc

London Stock Exchange Market Cap.: US$0.8bn

100%

Genting Power Holdings Ltd

Unlisted

95% 50% 50% 30.3%

Genting Oil & Gas Ltd

Unlisted

Norwegian Cruise Line

Unlisted

Travellers Int. Hotel Group, Inc.

Unlisted

Landmarks Bhd
Main Board of Bursa Malaysia Market Cap.: US$0.2bn

Strong Global Presence

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

Genting UK Casinos (2006)

Genting Power, China (2005)

Resorts World New York, USA (by 2011)

Online Gaming (2008) Alderney, British Channel Islands

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

Resorts World Manila, Philippines (2009)

Genting Power, Malaysia (1994)

Genting Oil & Gas, Indonesia

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

Resorts World Sentosa, Singapore (2010)

Resorts World Genting, Malaysia (1965)

Genting Plantations Malaysia (1980) & Indonesia (2006)

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 Euromoneys Asia Best Managed Companies 2009 poll; and 4th Overall in Malaysias Most Admired Companies for AWSJs Asia 200 survey in 2009; with 2nd ranking for Long-term Vision and 4th for Financial Reputation Resorts World Genting awarded: Worlds Leading Casino Resort 2005, 2007-2009; Asias Leading Casino Resort 2005-2010; and Asias Leading Family Resort 2008-2010 by World Travel Awards Tourist Attraction of the Year (2007-2008) by Hospitality Asia Platinum Awards 2007-2008
9

Outlook
Improving business environment Cash is King! Groups 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

10

Genting Group Financials

11

Financial Overview
RM (million) Revenue EBITDA EBITDA Margin (%) Net Profit attributable to S'holders Basic EPS (sen) Net Cash/(Debt) 1H10 7,199 3,327 46% 972 26.3 2,651 1H09 4,172 1,602 38% 428 11.6 2,130 127 127 24 +/- (%) 73 108 FY09 8,894 3,468 39% 1,044 28.3 1,178

12

Resilient Top Line

RM million 10,000

13
9,000 8,000

R CAG %
8,484

9,083

8,894

73%
7,199

6,944
7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 FY05 FY06 FY07 FY08 FY09 1H09 Property Power

5,454 4,172

1H10

Leisure & Hospitality Manufacturing Others

Plantation Oil & Gas

13

Healthy EBITDA Margins

RM million 5,000

>100%
47%
4,000

47% 3,733 3,489 3,237 44% 38% 39% 3,468 38%

46% 3,307

3,000

2,560

2,000

1,602

1,000

0 FY05 FY06 FY07 FY08 FY09 1H09 1H10

EBITDA

EBITDA margin

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

14

Investment Grade Rated Gaming Company

Rated No. 1 in Asias 200 Most Admired Companies: Malaysia for Financial Reputation (Asian Wall Street Journal reader survey 2008) Rated Baa1 by Moodys, BBB by S&P and A- by Fitch
RM million 17,000 15,000 13,000 11,000 9,000 7,000 5,000

16,549 14,690

9,468 8,036 5,996 3,124 4,146

9,439

3,582 1,178

3,000 1,000 -1,000 FY05

2,651

-95
FY06 Net Cash FY07 FY08 FY09 1H10

Cash & Cash Equivalent

Note: Cash and cash equivalents include money market instruments & restricted cash

15

Leisure & Hospitality

16

Extensive Global Network

PRESENCE AND ACCESSIBILITY

Sales and marketing Office

11 Major countries

Casino Network
Resorts World Genting Resorts World Sentosa Resorts World Manila Genting Hong Kong Genting UK

17

Overview of Genting Malaysia

18

Strategies Moving Forward

Driving arrivals & casino patronage Yield management High level of service delivery Capital management International expansion

19

Aerial view of Resorts World Genting 20

Strong Domestic Position

Visitors Growth
20

Hotel Guests Nationality 1HFY10

R CAG 18.7 5% 17.4

15.4 15.6 13.4 12.1 14.1

18.4 19.6 19.2 19.5

15

10

9.5

9.9

Malaysia 61%

Singapore 21%

China/HK 5% Others 13%

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

Day trippers (mostly locals) account for 73% of total visitors to RWG Remaining 27% visitors are hotel guests
21

Consistent High Occupancy Rates

Room Statistics
12,000

94% 100% 92% 89% 89% 90% 84% 84% 79% 79% 77% 80% 78%
80% Average Occupancy Rate (%)

Resorts World Genting

Six hotels with 10,000 rooms Maxims Club - a Hotel within a Hotel concept has 110 super luxurious rooms

10,000

8,000 No. of rooms 60% 6,000

10,000 10,000 10,000 10,000 10,000 40% 10,000 4,000 8,900 7,020 6,1006,100 20% 4,720 2,000 2,930
0 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 1H09 1H10 No. of Rooms Average Occupancy Rate 0%

22

23

Genting UK
Acquired Genting UK casino operations from Genting Singapore Acquisition completed on 15 Oct 2010 Purchase consideration of 351.5 million @ enterprise value of 426 million Largest casino operator in UK in terms of number of casinos (46 casinos) Genting UK Groups performance: 1H10 Revenue of 103 million vs 91 million (1H09) 1H10 EBITDA of 13.2 million vs 9.9 million (1H09)

24

Genting UK
Growth 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)

25

Artist impressions of Resorts World New York

26

Resorts World New York

Project 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

27

Resorts World New York

Strategically located, with two subway stops on the New York Subway

Aqueduct

28

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 floor 3: Two-storey festive casual dining promenade up to 450 seats 4: 200-seat high-end signature restaurant

5: 200-seat high-end Chinese restaurant 6: Sports bar restaurant and lounge, 280-person seating capacity 7: Skyway pedestrian bridge connecting casino to MTA train 8: 2,200-car parking facility 9: Racetrack owned and operated by NYRA

29

Genting Malaysia Financials

30

Financial Overview
RM (million) Revenue EBITDA EBITDA Margin (%) Net Profit attributable to S'holders Basic EPS (sen) Net Cash/(Debt) 1H10 2,572 1,027 40% 578 10.1 5,555 1H09 2,380 933 39% 606 10.6 5,089 (5) (4) 9 +/- (%) 8 10 FY09 4,992 2,012 40% 1,323 23.2 5,251

31

Revenue Growth & Strong Margins

RM million 5,000

AG %C
4,352

R
4,887 4,992
RM million 2,500

4,000

3,614

3,808

2,046
2,000

2,012 40% 39% 40%

41% 41% 41% 1,561 1,776

42%

8%
3,000

2,380
2,000

2,572

1,500

1,435

10%
1,000

933

1,027

1,000

500

0 FY05 FY06 FY07 FY08 FY09 1H09 1H10

0 FY05 FY06 FY07 FY08 FY09 1H09 1H10

EBITDA

EBITDA margin

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

32

Overview of Genting Singapore

33

Key Corporate Developments & Milestones

15 Oct 2010 2 Jul 2010 16 Jun 2010 31 Mar 2010 18 Mar 2010 14 Feb 2010 20 Jan 2010 12 Oct 2009 5 Sept 2007 16 Apr 2007 8 Dec 2006
34

Completed divestment of its UK casinos to Genting Malaysia World Premiere of Voyage La Vie, RWS original resident show Awarded $419 million contract for West Zone of RWS (Phase 2) to Sembawang Engineers & Constructors Total loan drawndown for RWS amounts to S$4.0 billion Opening of Universal Studios Singapore Opening of RWS casino & Resorts World Convention Centre Opening of Festive Hotel, Hard Rock Hotel, Hotel Michael, Crockfords Tower & Festive Walk at RWS Rights issue closed oversubscribed & raised S$1.6 billion Rights issue closed oversubscribed & raised S$2.17 billion Ground breaking of Resorts World at Sentosa (RWS) Award of Singapore IR contract

Overhead view of the RWS site 35

Resorts World Sentosa

Introduction
Genting 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
36

Resorts World Sentosa Site Plan

Resorts World Sentosa Hotels

Crockfords Tower 120 rooms

Hotel Michael 470 rooms (SGD500)

Hard Rock Hotel 360 rooms (SGD450) 38

Festive Hotel 390 rooms (SGD400)

Resorts World Sentosa Festive Walk

Festive Walk Unparalleled array of retail & dining options

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

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

39

Universal Studios Singapore Site Plan

40

Universal Studios Singapore Attractions

Battlestar Galactica

Far Far Away Castle

Waterworld
41

Revenge of the Mummy

Online Gaming
Launched 1st online casino brand CircusCasino.com" in June 2008 - operated by Genting Alderney Ltd 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
42 Alderney

Genting Singapore Financials

43

Financial Overview
SGD (million) Revenue EBITDA EBITDA Margin (%) Net Profit attributable to S'holders Basic EPS (sen) Net Cash/(Debt) 1H10 1,440 639 44% 0 0.00 (663) 1H09 226 5 2% (83) (0.80) (1,099) >100 >100 40 +/- (%) >100 >100

44

Overview of Genting HK

Cruises: Fleet profile

Star and NCL own and/or operate a combined fleet of 18 ships
Net book value of vessels: US$1,052m (at 30 Jun 2009)
SuperStar Aquarius No. of berths: 1,529 Year entered service: 1993 Year of refurbishment: 2007 Gross tonnage: 51,039 SuperStar Libra No. of berths: 1,472 Year entered service: 1988 Year of refurbishment: 2005 Gross tonnage: 42,276 SuperStar Virgo No. of berths: 1,804 Year entered service: 1999 Gross tonnage: 76,800

Carrying equity value of 50% investment in NCL: US$745m (at 30 June 2009)

Norwegian Sun No. of berths: 1,936 Year entered service: 2001 Gross tonnage: 78,309

Norwegian Dawn No. of berths: 2,224 Year entered service: 2002 Gross tonnage: 92,250

Norwegian Star No. of berths: 2,240 Year entered service: 2001 Gross tonnage: 91,000

Norwegian Spirit No. of berths: 1,996 Year entered service: 1998 Year of refurbishment: 2004 Gross tonnage: 77,000

Star Pisces No. of berths: 1,168 Year entered service: 1990 Gross tonnage: 40,053

Norwegian Jewel No. of berths: 2,376 Year entered service: 2005 Gross tonnage: 92,000

Norwegian Jade No. of berths: 2,402 Year entered service: 2006 Year of refurbishment: 2008 Gross tonnage: 93,558

MegaStar Aries No. of berths: 66 Year entered service: 1991 Year of refurbishment: 2003 Gross tonnage: 3,341

Norwegian Pearl No. of berths: 2,394 Year entered service: 2006 Gross tonnage: 93,502

Norwegian Gem No. of berths: 2,394 Year entered service: 2007 Gross tonnage: 93,500

Norwegian Sky No. of berths: 2,002 Year entered service: 1999 Year of refurbishment: 2008 Gross tonnage: 76,000 Norwegian Dream No. of berths: 1,747 Year entered service: 1992 Year of refurbishment: 1998 Gross tonnage: 50,764

Pride of America No. of berths: 2,138 Year entered service: 2005 Gross tonnage: 81,000

Norwegian Epic (under construction) No. of berths: 4,200 Delivery due in 2Q 2010 Scheduled sailing departs in early 3Q2010 Gross tonnage: 153,000

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

Resorts World Manila

Introduction
Genting HKs 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 slot machines & 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

Resorts World Manila Overview

Maxims Hotel 172 all-suite rooms

Newport Mall

Performing Arts Theatre 1,500 seats

World-class entertainment

Other Business Divisions

50

Genting Plantations Strong Performance

One of Malaysias 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
FFB Production / CPO Prices
Hectares ('000)

Maturity Profile

('000 MT)
1,400

RM/MT 1,233 1,208 1,158 2,822 2,500 2,236 2,209

2,000 3,000

140

2,550
2,500

120

1,200

1,099

1,132

100

42% 48%

36%

1,000

80

800 1,500 600

60

26%

23% 9% 9%

1,398
400

1,520

504

564
1,000
40

12% 11%

16%

22%

7%

20

77%

67%

68%

43%

42%

42%

200

500
0

0 FY05 FY06 FY07 FY08 FY09 1H09 1H10

FY05

FY06

FY07

FY08

FY09

1H10

Mature

Immature

Unplanted & others

51

Financial Overview
RM (million) Revenue EBITDA EBITDA Margin (%) Net Profit attributable to S'holders Basic EPS (sen) Net Cash/(Debt) 1H10 443 187 42% 141 18.6 489 1H09 319 129 41% 96 12.7 483 47 46 1 +/- (%) 39 45 FY09 756 318 42% 236 31.1 428

52

Sustainable Oil Crops for Food and Fuel

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 Illuminas GAIIx and HiSeq2000 to its laboratories Genting Green Tech, a Bio-Nexus Status Company focuses on applying ACGTs 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

OilCropstofeed&fueltheworldsustainably

Technologiestoincreasecropproductivityandenhanceagronomic practices

53

Johor Premium Outlets

JV with Simon Property Group to build the first Johor Premium Outlets, expected to open in 2H2011
World Class Project Iconic project to put Malaysia on the Retail Tourism Map World Class Operator Chelsea Property Group Worlds finest brands selection Instant recognition Key Facts Overall Site : 44 acres Gross Leasable Area: 175,000 sq. ft. No of Tenants: 80-90 Johor Premium Outlets Target Customers (million) a) Arrivals in Malaysia (ex-Johor) ~ 20m b) Arrivals in Johor ~ 2m c) Arrivals in Singapore ~17m

54

Johor Premium Outlets

Concept Sketch of Entrance

55 55

Power Division
MALAYSIA 58.6%-owned Kuala Langat Power Plant; one of Malaysias 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 combinedcycle 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

56

Oil & Gas Division Exciting Prospects

Production: 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 Papua

Kasuri 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 GOGLs Muturi PSC interest to BP started in Dec 2009

INDONESIA West Natuna

Northwest 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
Exploration well Asap-1X

MOROCCO - Offshore Atlantic

Ras Juby Offshore Permit (Operated - 75% interest); The initial phase of the Exploration Period was extended to January 2011

57

Oil & Gas Division Location

Ras Juby Offshore

Zhuangxi Buried Hill Oilfield West Salawati PSC Muturi PSC Northwest Natuna PSC Anambas PSC Kasuri PSC

58

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.