Sun International in Discussion With Colony Capital Regarding Sale of Resorts International

Press Release: Sun International
October 4, 2000
PARADISE ISLAND, The Bahamas -- Sun International (NYSE: SIH) announced yesterday that the Company is in discussions with Colony Capital regarding the possible sale of Resorts International Hotel & Casino, Atlantic City. The Company has no further comment to make at this time.

This press release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Such risks and uncertainties are described in the Company's public filings with the Securities and Exchange Commission.

Sun International Hotels Limited is an international resort and gaming company incorporated in The Bahamas, which develops, operates and manages premier resort and casino properties.

SOURCE: Sun International