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VRL – Business Fundamentals

2

“People will always want to go out”

Our simple, yet effective mantra

We provide our customers with an escape from the “worries of the world”

Our focus on delivering superior offerings is key to our success

We have built a strong portfolio of complimentary businesses

Highly regarded market leaders in the industry of entertainment

Staying true to these fundamentals has enabled our growth and is what we do best

VILLAGE ROADSHOW LIMITED – Investor Presentation , October 2013

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VRL – Our History

1954 Commenced operations. First Village Drive-In Croydon, Victoria.

1991 Opening of Warner Bros. Movie World on the Gold Coast.

1974 Roadshow enters Television distribution.

Early 1960’s Introduction of “Hard-Top” cinemas. In 1968 - First twin screen cinema at Rivoli, Camberwell, Victoria.

1990’s Expansion of cinema circuit into Singapore. Purchase of Triple M Network & merge with listed Austereo.

1983 Establishment of Roadshow Home Video.

March 3, 1988 “Back Door” stock market listing to gain greater access to capital.

1967 Commencement of Roadshow film distribution. Agreement signed in 1971 for the distribution of Warner Bros. films.

1991 Village Roadshow Pictures commences business in film production.

1950’s 1960’s & 1970’s 1980’s 1990’s 2000+

2010 Simplification of capital structure to 1 class of shares. Opening of 1st US Theme Park.

2011 Sale of Austereo and pay down of debt.

2013 ASX 300 entry.

2012 VREG Asia Commences business. China Theme Park ManagementAgreement finalised.

3

2011 US based iPic Gold Class Partnership formed

VILLAGE ROADSHOW LIMITED – Investor Presentation , October 2013

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VRL – Theme Parks

4

PROFILE

Australia’s largest theme park owner and operator

Gold Coast - Warner Bros. Movie World, Sea World, Wet n’ Wild Water World, Sea World Resort and Water Park, Sea World Helicopters, Australian Outback Spectacular, Paradise Country and Village Roadshow Studios

Overseas - Wet n’ Wild Hawaii, Wet n’ Wild Phoenix Arizona, Wet n’ Wild Las Vegas Nevada

GROWTH

WET ‘n’ WILD SYDNEY

Cutting edge technology and world firsts

New night time illuminations, on track to open December 2013

SEA WORLD

Investment in a new Convention Centre to complement the increasingly successful resort

CHINA AND ASIA

Hainan Island Marine Park in construction under VRL management agreement

Team on ground in negotiations for other opportunities in China and South East Asia

VILLAGE ROADSHOW LIMITED – Investor Presentation , October 2013

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VRL – Cinema Exhibition

5

PROFILE

VRL jointly owns and operates a combined 680 screens

72 sites with 514 screens across 51 sites in Australia

87 screens at 11 sites in Singapore

67 screens at 9 sites in the United States

12 screens in the UK

GROWTH

max – Existing 35 screens, 8 new screens under construction

Gold Class – Existing 76 screens, 18 new screens under construction

New site at Suntec City – Singapore opening April 2014

VILLAGE ROADSHOW LIMITED – Investor Presentation , October 2013

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VRL – Film Distribution

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PROFILE

Australia’s largest independent film distributor

Distributor of films to cinemas nationally and to New Zealand as well as DVDs to major retailers

Long standing exclusive distribution agreements with Warner Bros., ABC, BBC, Lionsgate, Nu Image, Film Nation, Relativity, The Weinstein Company and Village Roadshow Pictures

GROWTH

FILM RELEASES

Australian - Now Add Honey – Hamish Blake, Portia de Rossi, Felony – Joel Edgerton, Tom Wilkinson, The Rover – Guy Pearce, Robert Pattinson, Wolf Creek 2 – John Jarratt

Independent acquisitions include - Hunger Games – Catching Fire – Jennifer Laurence, Josh Hutchinson, The Wolf of Wall Street – Leonardo Di Caprio, Matthew McConaughey, American Hustle – Christian Bale, Jennifer Laurance, Bradley Cooper

DIGITAL

Australian digital market has grown 30% to around $125m

Roadshow outperformed market, achieving 50% growth year on year

Enormous potential through iTunes, Google, Microsoft, Foxtel, Big Pond and JB Hi Fi with faster broadband and greater connectivity through smart phones and tablets

VILLAGE ROADSHOW LIMITED – Investor Presentation , October 2013

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VRL – Film Production

7

PROFILE

VRL owns 47% together with other leading investors in the entertainment industry

Village Roadshow Entertainment Group consists of Village Roadshow Pictures and Village Roadshow Pictures Asia

One of the leading independent Hollywood producers

Produced and released 74 films with box office takings of over US$12 billion

Minimal earnings to VRL as equity accounted

Adds great value to our Film Distribution and Exhibition businesses

GROWTH

Strong release schedule increasing annual releases to 6 – 9 films per annum including: The LEGO Movie, Winter’s Tale, Edge of Tomorrow, Jupiter Ascending, Into the Storm, The Judge, Mad Max: Fury Road and In the Heart of the Sea

Village Roadshow Pictures Asia (VRP Asia)

Outstanding success of VRP Asia’s first two films during FY13 Journey to the West and Say Yes

Journey to the West achieved the highest box office for a Chinese film in China

Future VRP Asia releases include, Don’t Go Breaking My Heart 2 currently in production and Go Lala Go 2 currently in pre-production

VILLAGE ROADSHOW LIMITED – Investor Presentation , October 2013

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VRL – Other Growth

8

iPic

30% owned stand alone Gold Class cinema circuit in the US

Currently minimal earnings but strong expansion program mostly funded by off balance sheet and non-recourse debt facility

New iPic super site on Wilshire Boulevard, Westwood Los Angeles to open March 2014

In negotiation for additional prime location sites including New York, although considerable lead times

EDGE LOYALTY

Recent 100% acquisition

Loyalty programs and promotion activities

Brands include Giftango, Gifte, Hollywood Movie Money, Gift Card Planet and the soon to be launched Fairfax Good Food Gift Card

MY FUN

New website launched June 2013

Over 160 leisure experience partners covering more than 400 attractions around Australia

VILLAGE ROADSHOW LIMITED – Investor Presentation , October 2013

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VRL – Corporate

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HIGHLIGHTS

Cost management continues to be a key area of attention, achieving significant reductions over the last few years

We are investing in our core systems to:

Enhance our internal governance and controls

Further utilise our customer data through optimisation of our in-house analytical capabilities, and

Ensuring our systems are scalable, supporting future growth

We remain focussed on our existing businesses, but continue to look at development opportunities in emerging geographic and technical growth markets

VILLAGE ROADSHOW LIMITED – Investor Presentation , October 2013

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25.1

35.0 31.3

52.8 57.2

20 25 30 35 40 45 50 55 60

2009 2010 2011 2012 2013

Net Profit After Tax*

127.9

147.0 140.5

154.7

164.0

120

130

140

150

160

170

2009 2010 2011 2012 2013

EBITDA* Group Financial Highlights EBITDA* - $164.0m up 6.0%

Strong contributions from all Divisions Theme Parks $89.3m up 2.3% Exhibition $58.5m up14.4% Film Distribution $46.2M down $4.5m Corporate & Other improved by $4.5m to ($30.0m)

$Milli

ons

Net Profit After Tax* - $57.2m up 8.2%

Impressive growth Driven by strong product & attractive customer offerings 128% increase since 2009

$Milli

ons

10

*Excluding discontinued operations and material items

VRL – 2013 Results summary

VILLAGE ROADSHOW LIMITED – Investor Presentation , October 2013

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11.2

18.5 20.1

34.4 36.2

5 10 15 20 25 30 35 40

2009 2010 2011 2012 2013

Earnings per share*

12.8

6.0

16.0

22.0 26.0

0 5

10 15 20 25 30

2009 2010 2011 2012 2013

Dividends per share**

Group Financial Highlights Earnings Per Share* - 36.2 cents up 5.2%

Year on year increasing EPS Supported by strong earnings and cost control

Cen

ts

Dividends per Share - Up 18.2% to 26c

Continued commitment to shareholder returns Final FY 2013 dividend of 13 cents fully franked (Interim dividend H1 13 cents fully franked)

Cen

ts

11

*Excluding discontinued operations and material items **Excluding special dividends and distributions

VRL – 2013 Results summary

VILLAGE ROADSHOW LIMITED – Investor Presentation , October 2013

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Group Debt

On Balance Sheet Facility Expiry Calendar Year

Total Debt Drawn 30 June 2013

$m

Total Debt Drawn 30 June 2012

$m

THEME PARKS – GOLD COAST 1st half 2015 232.9 254.4

THEME PARKS – US WATER PARKS 1st half 2029/ 1st half 2015 39.2 35.9

CINEMA EXHIBITION - AUSTRALIA 2nd half 2015 67.0 62.8

FILM DISTRIBUTION 2nd half 2016 79.4 94.4

CORPORATE & OTHER (1) 1st half 2015 - -

TOTAL ON BALANCE SHEET DEBT 418.5 447.5

Cash on Hand (2) (146.9) (193.5)

NET DEBT ON BALANCE SHEET 271.6 254.0

Note (1) : This $100m facility is undrawn at 30 June, 2013 Note (2) : Major non-operating cash outflows for the year included capital funding of Wet ‘n’ Wild Sydney ($46.1m)

VRL GROUP

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Debt and Interest Cover by Division

For the year ended 30 June 2013 Net Debt / EBITDA (Times)

EBITDA / Net Interest (Times)

THEME PARKS – GOLD COAST 2.6 4.3

CINEMA EXHIBITION – AUSTRALIA 0.9 11.9

FILM DISTRIBUTION 1.1 9.2

TOTAL VRL GROUP 1.7 5.9

VILLAGE ROADSHOW LIMITED – Investor Presentation , October 2013

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VRL – FY2014 Update

13 VILLAGE ROADSHOW LIMITED – Investor Presentation , October 2013

Theme Parks

VRL, the Queensland Government and Ardent Leisure, announced a joint marketing initiative on 9 October. Will add marketing expense to FY2014 costs, but expect subsequent additional revenues

Characterises the Gold Coast as the “Theme Park Capital of Australia”

Utilising theme parks as the catalyst to bring extra millions of people to the Gold Coast and help fuel the Queensland economy

Ticket sales marginally softer than previous year, with park attendances expected to increase in the remainder of the year, aided by the anticipated impact of the joint marketing initiative

Wet ‘n’ Wild Sydney on track to open December 2013, pre-opening costs will flow through in 1st half with revenue in 2nd half

One off costs associated with the opening of Wet ‘n’ Wild Sydney and Queensland joint marketing initiative of circa $8M in FY2014

Exhibition / Film Distribution – 1st quarter Theatrical softer than prior year, however significant releases scheduled in the coming months including Hunger Games – Catching Fire

VREG – As previously noted, film performance criteria not met with no new film release until February 2014, hence no cash interest to VRL for at least first 3 quarters of FY2014

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VRL – FY2014 Capital Management

14 VILLAGE ROADSHOW LIMITED – Investor Presentation , October 2013

SHAREHOLDER DISTRIBUTION

A distribution of 25 cents per share as equal reduction of share capital, subject to shareholder approval. Intent for further 25 cents per share distribution after July 2014 subject to VRL’s circumstances at that time

Funded from surplus cash and debt facilities, will impact revenue from interest income/ interest expense

$39.9M payable December 2013 (pending shareholder approval)

Increase in Exhibition / Roadshow debt facilities by $100M and extension of term to September 2017

Additional refinancing and interest costs, circa $2.5M in FY2014

Corporate debt facility of $100M will be materially undrawn (after Exhibition / Roadshow refinancing), allowing flexibility and capacity for growth

REFINANCING

Theme Parks and Corporate debt facilities expire January 2015

Currently renegotiating to take advantage of better interest margins and increase length of facility

Refinancing costs of circa $1.5M will be incurred in FY2014, thereafter expected positive impact due to better margins.

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VRL – Summary

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What we do best is sell tickets for the business of entertainment. Whether it be movie theatres, theme parks or a DVD at home we offer superior experiences and sell an “escape” from the worries of the world

Strong growth plans

Theme Parks

Wet ‘n’ Wild Sydney, China and other opportunities

Cinema Exhibition

Australian - max and Gold Class

Singapore - new keystone site

USA - iPic Gold Class theatres

Film Production

Accelerate portfolio from 3 to 4 films per annum to 6 to 9 films

Simplification of our business and structure including exiting radio and combining share classes

Stable cash flows and growth in earnings

Above all the right people to deliver our future goals.

VILLAGE ROADSHOW LIMITED – Investor Presentation , October 2013

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Disclaimer Non – IFRS Financial Information

The VRL group results are prepared under Australian Accounting Standards, and also comply with International Financial Reporting Standards (“IFRS”). This presentation includes certain non-IFRS measures including EBITDA and operating profit excluding material items of income and expense and discontinued operations. These measures are used internally by management to assess the performance of the business, make decisions on the allocation of resources and assess operational performance. Non-IFRS measures have not been subject to audit or review, however all items used to calculate these non-IFRS measures have been derived from information used in the preparation of the audited financial statements. Included in the ASX Appendix 4E for June 2013 (page 10) and the Full Year Statutory Accounts for the year ended 30 June 2013 (page 9), is a Reconciliation of Results which provides further detail on the Non-IFRS financial information contained in this presentation.

VRL GROUP

16 VILLAGE ROADSHOW LIMITED – Investor Presentation , October 2013

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