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SeaLink - Market Update

Tuesday 6 June 2017

SeaLink Travel Group (ASX: SLK) (“SeaLink”) makes reference to recent comments in the media regarding the negotiations for an extension of our licence for the berthing facilities for our Kangaroo Island ferry service, located at Cape Jervis and Penneshaw.

These confidential discussions are ongoing between SeaLink and South Australian Government, and SeaLink will inform the market under its disclosure obligations if any negotiations are sufficiently progressed to justify an announcement.

The discussions are centred around new vessel construction, fares, a longer-term leasing arrangement, and infrastructure maintenance at Cape Jervis and Penneshaw.

SeaLink also welcomes the newly announced introduction of flights by Qantas to Kangaroo Island, which we anticipate will further increase the growing profile of the Island.

Mr Ellison, Managing Director and CEO of SeaLink said “We are very well positioned to offer our market-leading tourism products on the Island, in particular Kangaroo Island Odyssey, Kangaroo Island Adventures and other day tour packages and services, to Qantas passengers.”

“We also hope that Qantas’ initiative will further benefit economic growth and employment opportunities on Kangaroo Island as an iconic Australian tourism destination. SeaLink will continue to make a substantial investment in promoting Kangaroo Island to Australia and the world.”

“SeaLink still remains the most affordable form of transport to KI being less than half the price of the best airline passenger fare, Mr Ellison concluded.” 

For more information please call:

Michael Hughes, Commercial Director, SeaLink Travel Group, 0438 993 898 or [email protected] 
Carla Schaefer, Investor Relations, SeaLink Travel Group, 0409 101 188 or [email protected]