Announcement to ASX re Sale of Novotel Adelaide

Announcement to ASX re Sale of Novotel Adelaide

08-Sep-2003

We announce that the Group has exchanged contracts for the sale of the Novotel Adelaide Hotel for a sale
price of $19 million.

For further information please contact John Hudson Managing Director on (02) 9272 8888.

Please provide us with your confirmation of release announcement.

Yours faithfully



Andrew Horne
Group Company Secretary

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