PRESS RELEASE

Sun International - Sun International Hotels Limited and Station Casinos, Inc. today announced that Station will purchase a 50% interest in SunOnline Ltd, a wholly-owned subsidiary of Sun.

Each company will have equal board representation and SunOnline will be the exclusive vehicle for both Sun and Station to pursue the Internet wagering business.

In September 2001, SunOnline was awarded one of the first three online gaming licenses granted by the Isle of Man. In December 2001, SunOnline became the first Isle of Man licensee to commence operations when it launched CasinoAtlantis.com, its Internet wagering site.

The site, operated under strict Isle of Man regulations, prohibits wagering from jurisdictions that do not permit Internet wagering, including the United States.

"Our strategy for the Internet gaming business is threefold: (1) create a convenient and entertaining wagering experience; (2) market the credibility of our land based operations; and (3) maintain the highest level of regulatory compliance. Sun has the same objectives," stated Lorenzo Fertitta, President of Station.

"The combination of Station and Sun will bring together complementary skills in both operating and marketing this business."

"We are very pleased to have Station as our partner in this business. Joining forces with Station enhances our effort to develop an outstanding Internet gaming platform," stated Butch Kerzner, President of Sun.

The purchase price will approximate $5 million. The transaction is subject to certain conditions, including Isle of Man regulatory approval, and is expected to close by the third quarter of calendar 2002.

Because the venture is in its early stages, the companies have determined it is too early to provide any guidance regarding projected operating results.

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