Star Cruises PLC

LISTING  AND  QUOTATION  OF  STAR   CRUISES  PLC  SHARES  ON THE LUXEMBOURG STOCK EXCHANGE AND QUOTATION OF THE SHARES ON CLOB INTERNATIONAL, SINGAPORE

Further to the listing and quotation of the entire issued and paid-up share capital of Star Cruises PLC ("Star Cruises") comprising 499,447,243 ordinary shares of US$0.10  each  on  the  Luxembourg   Stock Exchange ("LSE"), Star Cruises is pleased to announce that approval in-principle has been obtained from the Stock Exchange of Singapore Limited ("SES") for the quotation of the shares on CLOB International.

Upon quotation on CLOB International,  the  shares will be quoted in US$ and all dealings  in,  and  transactions  of,   the  shares  will  be  effected  for settlement through   the  computerised  book  entry  (scripless)  settlement  system  of The Central Depository (Pte) Limited ("CDP"). Shareholders of Star Cruises who wish to  trade  in  the  shares   on CLOB International are therefore required to deposit their shares into  the  CDP system before dealings in the shares can be effected. The date of commencement of quotation of the shares on CLOB International will be announced by the SES in due course.

The   shares  of   Star  Cruises   were   distributed  to  shareholders  of  Genting International  PLC  ("GIPLC")  following  the  Demerger of  Star Cruises  from the GIPLC Group by way of a dividend in specie on the basis of one (1) Star Cruises ordinary share for every one (1) GIPLC ordinary share held. Share certificates for Star Cruises shares accompanied by a Listing Circular issued in connection with the listing of the shares on the LSE and an Information Memorandum setting out the procedures for the deposition of shares into the CDP system and the trading and  settlement  of  shares  on CLOB  International   have  been  despatched by GIPLC to all entitled shareholders.

IN CONNECTION WITH THE DEPOSITION OF STAR CRUISES SHARES INTO THE CDP SYSTEM PRIOR TO THE QUOTATION OF THE SHARES ON CLOB INTERNATIONAL,    STAR   CRUISES   WISH   TO   ANNOUNCE   THAT  THE LODGEMENT DATE FOR SHAREHOLDERS  TO SUBMIT THEIR SHARES TO M&C   SERVICES  PRIVATE  LIMITED,  16  RAFFLES  QUAY   #23-01, HONG LEONG  BUILDING, SINGAPORE  048581 FOR  PURPOSES OF SCRIPLESS CONVERSION   HAS  BEEN  EXTENDED  TO 10TH  MARCH 1998 (5.00 P.M.) INSTEAD   OF  4TH  MARCH  1998   AS  STATED  IN    THE   INFORMATION MEMORANDUM  WHICH  WAS  DESPATCHED   TO SHAREHOLDERS WHO WISH TO  DEPOSIT THEIR SHARES  INTO THE CDP SYSTEM  AFTER 10TH MARCH  1998  MUST  LODGE THEIR  SHARE CERTIFICATES RELATING TO THEIR SHARES DIRECTLY WITH MEMBER COMPANIES OF THE SES.