THE M3: PERMIRA LIQUIDATES GALAXY STAKE

The Macau Metro Monitor, November 8, 2012

PERMIRA SELLS REMAINING STAKE IN GALAXY ENTERTAINMENT Macau Business

Private equity company Permira Advisers LLP has agreed to sell its remaining holdings (5.94% stake) in Galaxy. Completion of the sale is expected to be on November 12.  The 249.6 million shares were sold at HK$27.17 (US$3.5) each, putting the deal value at HK$6.78 billion, a source with direct knowledge of the deal told Reuters.