April 29, 2005

Star ponders U.S. listing for NCL

The Board of Star Cruises yesterday issued a clarification related to recent newspaper reports.

The clarification confirmed that it "is exploring and considering the possibility of an initial public offering of the shares of its wholly-owned subsidiary NCL Corporation Ltd. ("NCL") in the United States. However, no decision has been made at this point in time as to whether to proceed."

Contradicting some published reports, the clarification statement also said that Star Cruises has "no plans for acquisition of gaming companies from the Genting Group."

Star Cruises is a member of the Genting Group.

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