Tatts Group Limited ABN 19 108 686 040 615 St Kilda Road, Melbourne, Victoria, 3004, Australia

Locked Bag 888, St Kilda Road Central, Melbourne, Victoria, 8008, Australia Tel: 61 3 8517 7777 Fax: 61 3 8517 7752

www.tattsgroup.com

27 October, 2011

TATTS GROUP LIMITED’S 2011 ANNUAL GENERAL MEETING

2011 AGM Slide Presentation

Attached is a copy of the 2011 AGM slide presentation which accompanies the Chairman’s and Managing Director and Chief Executive’s Addresses which will be presented at the Tatts Group Limited’s 2011 Annual General Meeting, commencing at 2.00pm (Sydney time), Thursday 27 October, 2011. Contact: Michael Mangos – General Manager, External Communications – 0419 551 980 Gary Woodford – General Manager, Investor Relations – 0417 399 204

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Annual General Meeting27 October 2011

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Harry BoonChairman

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Agenda

• Group financial results• Long term licences• Strategic direction• Financial management

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Group financial performance

Group revenue $3.7 billion Up 11.3%EBITDA $616.3 million Up 9.4%NPAT (Underlying) $279.5 million Down 1.0%

Earnings Per Share 21.2 cents Down 4.1%

Dividend Per Share 21.5 cents Up 2.4%

Dividend payout ratio 102.3% Up 7.2%

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Total Shareholder Returns (TSR)

TSR over 3 yearsTatts up 40.1%, ASX200 up 31.6%

TSR over 1 yearTatts up 10.7%, 

ASX200 down 4.3%

Source: Bloomberg as at 21/10/2011

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TSR ‐ 3 Years

Tatts Group Tabcorp ASX 200

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TSR ‐ 1 Year

Tatts Group Tabcorp ASX 200

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Long term licences

Secure long term licences -two-thirds of

Revenue comes from licences longer than 40

years

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Strategic direction

• Evolution of Tatts Lotteries:– $23m EBITDA in 2006                       Approx. $240m EBITDA in 2013

• South Australian Lotteries

• Wagering regulatory landscape 

• Core technical and transaction processing competencies

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Tatts is a diversified portfolio of networked gambling businesses operating in multiple

jurisdictions with high volumes of transactions each of low average value

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Financial management

• Strong balance sheet and cash flow• Net Debt below $1.2 billion at 30 June 2011• Net Debt to EBITDA ratio:

– 2.0 times at 30 June 2011– after losing Tatts Pokies, reverts to June 2010 level 

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Succession planning

Corporate social responsibility

Diversity

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Shareholder questions

• Share Price• Remuneration • Directors Fees• Compensation

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Harry BoonChairman

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Dick McIlwainManaging Director and

Chief Executive

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Tatts Lotteries

• First quarter FY12:– Sales up 6.4%– EBITDA up 4.3%

• Saturday Lotto leading the growth• Tatts lottery system roll out• On target for $240m EBITDA in 2013

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TattsBet

• First quarter FY12:– Sales up 1.4%– Revenue down 0.7% and EBITDA down 2.1%

• Competitive environment stabilising• Growth from internet and mobile phone App

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Tatts Pokies

• First quarter FY12:– Turnover up over 1.2%– EBITDA up 1.7%– EBIT up 12%

• Pre‐sale of gaming machines• Lower depreciation and make good

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Maxgaming and Bytecraft

• First quarter FY12:– Maxgaming revenue down, EBITDA up 1.1%– Bytecraft revenue up, EBITDA up 14%

• Pre‐commitment debate stalling venue investment

• Bytecraft expanding rapidly

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Talarius

• First 16 weeks period of FY12:– Achieved year on year turnover growth– Operating revenue down 1.0%

• VAT changes in the UK holding back revenue growth

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