August 13,1998

GENTING INTERNATIONAL P.L.C.
INTERIM ANNOUNCEMENT

THE DIRECTORS OF GENTING INTERNATIONAL   P.L.C. ARE PLEASED TO ANNOUNCE THE UNAUDITED RESULTS
OF THE GROUP AND OF THE COMPANY FOR THE HALF-YEAR ENDED  30TH  JUNE  1998,   TOGETHER WITH THE  COMPARATIVE  RESULTS  FOR  THE   HALF-YEAR  ENDED  30TH  JUNE  1997 AS FOLLOWS:

      SIX MONTHS ENDED
        30TH JUNE
1998
US$ '000		1997
US$ '000		+ or -
%
OPERATING REVENUE           2,991       200,856-99
PROFIT BEFORE TAXATION
(after crediting share of associate's profits of
       US$233,000 (1997: US$77,000))		1,26524,317-95
TAXATION             (91)           (595)-85
PROFIT AFTER TAXATION1,17423,722-95
MINORITY SHAREHOLDER'S INTERESTS                  -                 3-100
PROFIT ATTRIBUTABLE TO SHAREHOLDERS           1,174         23,725-95
WEIGHTED AVERAGE EARNINGS PER SHARE0.1 CENTS4.8 CENTS
FOR THE  PERIOD UNDER REVIEW,   THE GROUP RECORDED A DECREASE IN OPERATING REVENUE FROM US$200.9  MILLION  IN   1997  TO  US$3.0 MILLION  FOR  1998.  CONSEQUENTLY,   THE GROUP RECORDED A PROFIT   BEFORE   TAXATION   OF    US$1.3  MILLION   AS   COMPARED   TO    US$24.3   MILLION   FOR  THE CORRESPONDING   PERIOD.  THE  DECREASE  IN  OPERATING  REVENUE  AND  PROFIT BEFORE TAXATION WERE  DUE  MAINLY  TO  THE  DEMERGER   OF  STAR  CRUISES  PLC  GROUP  ON  5TH  DECEMBER   1997.

OPERATING
REVENUE

PROFIT BEFORE TAXATION

1998
US$ '000		1997
US$ '000		1998
US$ '000		1997
US$ '000
INVESTMENTS1,705225317(803)
RESORTS1,2861,5829121,198
PROPERTIES--36(113)
CRUISE (Discontinued operations)              -     199,049              -      24,035
       2,991     200,856       1,265      24,371
THE RESULTS OF THE GROUP FOR THE HALF-YEAR   ENDED  30TH  JUNE,  1998 HAVE NOT BEEN AFFECTED
BY ANY MATERIAL FACTORS OR ITEMS OF AN EXCEPTIONAL OR EXTRAORDINARY NATURE.

THE GROUP HAS CASH RESERVES OF APPROXIMATELY US$62.0  MILLION AND THE NET TANGIBLE ASSETS
PER ORDINARY SHARE IS US$0.07.

DETAIL  EXCAVATION  AND  FOOTING   CONSTRUCTION  FOR THE  REGENT  THEATER  SITE  DEVELOPMENT, SYDNEY,  AUSTRALIA  IS DUE TO COMMENCE SHORTLY  WHILST  BUILDING WORKS TENDERS ARE INVITED
FOR  THE  WORKS.   IT  IS  CURRENTLY  ENVISAGED  THAT  CONSTRUCTION  SHOULD  COMMENCE IN LATE OCTOBER  1998.  COMMENCEMENT  IS SUBJECT TO  RECEIPT  OF APPROVAL  FROM  THE AUTHORITY FOR
THE  AMENDED  DEVELOPMENT   APPLICATION  SUBMITTED  IN  JUNE  1998.

THIS AMENDED DESIGN CONSENT BEING SOUGHT IS FOR TWIN RESIDENTIAL TOWERS CONSISTING OF 398  RESIDENTIAL  APARTMENTS  (GEORGE STREET TOWER)  AND 213 SERVICED APARTMENTS (KENT STREET  TOWER)   ABOVE  A  6-LEVEL  PODIUM  CONTAINING  RETAIL,  THEME  CAFES AND  7 CINEMAS TOGETHER
WITH BASEMENT PARKING FOR 650 CARS.

BARRING  UNFORESEEN  CIRCUMSTANCES,  THE   DIRECTORS  ARE OF THE  OPINION  THAT THE GROUP'S RESULTS ARE EXPECTED TO BE SATISFACTORY FOR THE SECOND HALF-YEAR.