Sun Int’l Hotels To Change Name

PARADISE ISLAND, THE BAHAMAS— Sun International Hotels Ltd. will change its corporate name to Kerzner International Ltd. The company expects to finalize the name change on or before July 1, 2002 at which time the companys stock— which currently trades on the New York Stock Exchange under the symbol “SIH”— will be listed under the new ticker symbol “KZL.” The name change will be in accordance with agreements related to the restructuring of the companys major shareholder, Sun International Investments Ltd., which were announced last July. There will be no change in the companys management or worldwide operations due to the name change. Sun International is an international resort and gaming company that develops, operates or manages resorts and casino properties. It currently operates or manages resort hotels and/or casinos in The Bahamas, Indian Ocean and Dubai.